Zoocasa, the web-based real estate brokerage, has confirmed that it's closing its doors.
In an email sent to its homebuyer and investor clients, and republished by a number of Twitter users, the company has stated that it will cease to be registered and “will be prohibited from trading in real estate as a brokerage” as of June 22, 2015.
This is great news for all Toronto realtors.
Read the full story http://www.repmag.ca/news/controversial-online-brokerage-shuts-down-192214.aspx
It is sad when any business fails but is good news for those who did not care for the business practices. Thanks for sharing this information.
It did not fail. There was pressure from our board as it was interfering with professional realtors and our livelihood.
I proudly server buyers and sellers in the Greater Toronto neighbourhoods of: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.
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