Written By
STOREYS Editorial Crew
Canadian brokerage Zoocasa is about to turn into a part of eXp Realty.
The announcement was made on June 20 that eXp World Holdings Inc, the holding firm for eXp Realty, had acquired Zoocasa Realty Inc. and its key property, Zoocasa.com.
In keeping with a launch, the transfer is meant to bolster eXp Realty’s on-line lead era, house search, and listings portal alternatives for the corporate’s many brokers and brokers. The transaction is at present topic to customary closing situations.
Toronto-based Zoocasa is an award-winning shopper actual property search portal and brokerage. It provides an all-in-one clever, scalable listings platform to offer a easy house search expertise, deep market insights, and a connection to native actual property consultants.
Zoocasa is owned by its CEO Lauren Haw and a bunch of buyers, who bought Zoocasa.com from Rogers Communications in 2015. Right this moment, the profitable and rising platform has near 12 million annual visits and 150 in-house actual property brokers.
No stranger to fast success in its personal proper, eXp Realty is the fastest-growing actual property firm on the earth, with greater than 82,000 brokers in markets around the globe. As a publicly traded firm, eXp World Holdings offers actual property professionals the distinctive alternative to earn fairness awards for manufacturing targets and contributions to general firm progress.
“On-line house search and lead era portals are vital instruments in residential actual property — each for patrons trying to purchase and promote houses, and our brokers constructing their companies,” mentioned Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings. “We’re enthusiastic about bringing Zoocasa into the eXp World Holdings household of corporations. Their skilled management staff, expertise and well-known Canadian model will place us to create a novel portal expertise, with a objective of taking house search and lead era to the following stage throughout North America. This acquisition is a testomony to our continued funding in progress to distinguish, be a vacation spot brokerage, and provides our brokers a proprietary possibility for nurtured and inside gross sales certified leads.”
For Zoocasa, the acquisition means alternatives for much more explosive progress.
“I’m pleased with every thing our Zoocasa staff has constructed collectively and thrilled to be becoming a member of the extremely agent-centric and collaborative eXp household,” Lauren Haw, CEO and Dealer of File of Zoocasa instructed STOREYS. “We look ahead to accelerating our North American enlargement plans with the help of eXp’s large scale.”
Haw says that becoming a member of eXp Realty and eXp World Holdings is an thrilling subsequent step for the enlargement of Zoocasa’s impression, as the corporate continues to redefine their portal and lead era expertise to create glorious experiences for patrons and brokers. “eXp’s cloud-based mannequin is an ideal match for our staff and we look ahead to rising our enterprise with eXp’s management staff and community of brokers,” says Haw.
The transaction is topic to customary closing situations and approvals and is anticipated to shut in July 2022.
Written By
STOREYS Editorial Crew
