02:17 PM EDT, 10/09/2024 (MT Newswires) -- RESAAS Services ( RSASF ) , on Wednesday said it is expanding its RESAAS Commercial Data Exchange (CODE) as multiple commercial landlords join the platform.

RESAAS CODE, launched in August, enables commercial brokerages to securely share their real estate data with third-parties via RESAAS. CBRE was the first brokerage announced to use RESAAS CODE during its pilot phase in Vancouver.

"Achieving product-market fit so quickly following the launch of the pilot is an important milestone and strong indicator of future growth," said RESAAS CEO Tom Rossiter. "Rethinking how data is shared within commercial real estate has attracted significant attention, from both the brokerage community and commercial owners and landlords."

Brokerage and landlord customers subscribe on an annual basis to access RESAAS CODE, generating monthly recurring revenue for the company.

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