Zoocasa was supposed to be the Canadian answer to Zillow – making real estate transaction information more available and driving down the cost of buying and selling a home.
Well, as space889 points out that experiment has ended. Rogers is shutting down Zoocasa.
The move by a multibillion-dollar telecommunications company into real estate sent shock waves through the industry, particularly once Zoocasa began offering buyers and sellers a 15-per-cent rebate on the commissions they paid to their agents, sparking ire among some in the industry and putting pressure on other brokerages to lower their fees to compete.
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