Update: Offer to Purchase IRES

Earlier this month, we shared the exciting news that REcolorado has made a multimillion dollar offer to purchase IRES. We are pleased to report that we have received a formal request from the IRES Board of Managers requesting a 30-day extension to continue their evaluation of our term sheet. The REcolorado Board of Directors has approved the extension, and is anxious to continue working with the IRES Board of Managers to deliver enhanced MLS products and services and greater cost efficiencies to brokers and agents in Denver and Northern Colorado. We will continue to share information with you in the New Year as it becomes available. We wish you a safe and Happy New Year!