Rogers shuts down discount brokerage Zoocasa

Rogers Communications is getting out of the real estate business and has announced that it’s shutting down its discount brokerage, Zoocasa, as of June 22.

While the end of Zoocasa isn’t expected to have much of an impact in the industry, “it really highlights the fact that it’s difficult to make money off of real estate search platforms” in a country as small as Canada, said John Pasalis of Leslieville-based discount brokerage Realosophy.

Modeled after major real estate listings and advertising sites like Trulia.com and Zillow.com in the United States, Zoocasa faced an impossible time gaining the critical mass needed, said Pasalis.

Randy Ramadhin

Randy Ramadhin

Broker
CENTURY 21 People's Choice Realty Inc., Brokerage*
Contact Me

Blog Archives

Tags