Urbanimmersive Inc V.UI

One new partner and several more to come

[laurencelefou]

My understanding of the partnership between Urbanimmersive (UI) and Prospects Software is to integrate UI's application on Prospects Software's MLS Touch application allowing participating members to have access to virtual tours listed on MLS.  
 
Prospects Software is the creator of the widely adopted Mobile MLS app called Prospects Mobile in Canada and MLS-Touch in the United States.  More than 400 000 users, mostly real estate brokers have installed this application on their mobile phone or and on their tablet. The application is used by real estate brokers who are members of 230 MLS markets across North America.  It is a search tool used by real estate professionals who need to access the MLS system while away from the office.
 
The integration will allow Prospects’ users to easily capture 360 images, produce 3D tours and book 3D meetings from within the Prospects Mobile and MLS-Touch apps.
 
This partnership offers a lot of potential.  UI investors are now asking themselves how much revenue will UI receive from this partnership?  Remember that UI receives approximately US$32 each time a photographer sales to a real estate broker an immersive 3D tour with a floor plan (US$20) and a single property website (US$12).
 

According to data from HomeLight, there are over 2 million active real estate agents in the U.S.  The average real estate agent in the United States closes 12 deals a year.  Prospect software has captured 20% of the market.

[Torontojay]

It looks like the market is completely ignoring this latest development. This partnership has the opportunity to significantly increase their market share going forward. In the last interview by management, they were hinting at a transformative deal that they were really excited about. This must be it and I expect more deals/partnerships in the future. 

[prophetoffacts]

This post has been removed in accordance with Community Policy

[redcoats]

Lawrence, do you realize that's onlt a paltry C$192,000,000 into UI's pocket from the U.S. per year. Hmm! How would that extrapolate into the share price? Mustn't forget Canada, Mexico, and the other new deals.