Those recent acquisitions should consolidate further our leading position in North America as a business with fully-integrated real estate marketing service, accelerate further the adoption of our 3D tours and our subscription packages, add complementary expertise and bring new best practices within the Group", said Ghislain Lemire, President and CEO of Urbanimmersive. "We are very proud having completed the acquisition of IMOTO and RocketPhoto and welcome their experienced team within the Group. This major strategic acquisition in the US will significantly expand the Company's US presence in complementary regions and set the table for significant growth and cross-selling opportunities between IMOTO photo service customers, UI SaaS customers and RocketPhoto marketplace. IMOTO is one of the top real estate photography service agencies in the US with a presence in 11 US states, a strong coverage in the Southern states and having generated revenues of $US 3.3m for its last fiscal year. RocketPhoto is a nationwide real estate photography marketplace platform with more than 450 active photographer profiles representing nearly every state in the US. All shares issued today and on January 3rd, 2022 are subject to a 6-month minimum holding period.
("Urbanimmersive", the "Company" or "UI") (TSXV: UI) ( OTCQB: UBMRF) is pleased to announce having completed the acquisition of all the units of the real estate photography agency IMOTO LLC ('IMOTO') and all of the units of Stilio LLC, owner of the real estate marketplace RocketPhoto for a total purchase price of $5.0M with $1.8M paid in cash at closing, $297k paid through the immediate issuance of 349,828 shares of the Company at a price of $0.85, $2.7M paid through issuance of 3,157,115 shares of the Company at a price of $0.85 per share on January 3 rd, 2022, $0.2M as a balance of sale payable upon approval of the closing financial statements, plus contingent share payments (earn-outs) totaling up to $2.3M payable in 3 equal annual payments of up to $771k each, with payments being conditional on IMOTO minimum revenue growth milestones to be met over the next three years. 13, 2021 /PRNewswire/ - Urbanimmersive Inc. The Traditional Floor Plan product can be ordered a la carte.SAINT-HUBERT, QC, Dec. It must be part of a photo shoot order, and the customer must be an IMOTO Prime member. The IMOTO Prime Floor Plan can not be ordered as a standalone product.The Traditional floor plan is hand-measured by the photographer following the photo shoot. The IMOTO Prime Floor Plan is created while the 3D scan is taking place, thus, reducing the amount of time the photographer needs to be at the property.
The Traditional floor plan has no option for a total square footage add-on. The IMOTO Prime Floor Plan includes the option to add total square footage - potentially saving you time/money on getting a separate square footage estimate.The IMOTO Prime Floor Plan includes furniture placement within the floor plan, which is proven to help buyers get a better understanding of the listing's size/layout.IMOTO's traditional floor plan starts at $85 for 1,000 sqft ($25 per additional 1000 sqft).
What is the difference between an IMOTO Prime 2D Floor Plan and IMOTO's Traditional Floor Plan? Please note, total square footage is an estimate and is not guaranteed.