Zoocasa Launches Zoopraisal™, Powered by Centract

Zoocasa, Canada’s fastest growing real estate search site, today announced the launch of Zoopraisal™ allowing Canadians, for the first time, to get online home price estimates in three simple clicks – and for free.

“Zoocasa has been at the forefront of providing Canadians the best online tools to facilitate their home search process and the launch of Zoopraisals™ addresses one of our most requested features,” said Butch Langlois, President of Zoocasa. “Knowing the current price of your home is the kick-off point for many Canadians as they consider making their next move.”

The Zoopraisal™ service is provided through a licensing agreement with Centract Settlement Services. “Centract possesses one of the largest national databases of residential real estate prices and information in Canada,” said Rob Soja, Vice President of Business Development at Centract. “We’re really excited to be working with Zoocasa to provide home price estimates to Canadian consumers nationally.” The Zoopraisal™ report will include an indication of a home’s price that is powered by Centract and based on like properties in their neighbourhood. It also provides additional content from the Zoocasa database and its content partnerships including detailed neighborhood demographics.

“Zoopraisal™ is just the newest in a long line of new tools and services to support consumers in their home search process,” said Mr. Langlois. “Consumers are spending an average of 11 months in their home search process, predominantly online, and Zoocasa wants to support these consumers and allow them to conveniently connect with real estate professionals across the entire process including realtors, mortgage lenders or other such experts.”

To see and use the Zoopraisal™, please visit http://www.zoocasa.com/zoopraisal

About Centract

Centract Settlement Services, a Brookfield Residential Property Services company, is the largest Canadian provider of outsourced mortgage-related services and real estate business intelligence to lenders, insurers, retailers, real estate agents, mortgage brokers, the public sector and other corporations. It possesses one of the largest databases of residential real estate information in Canada and the company’s expertise in real estate valuation and neighbourhood trends, together with its innovative technologies, has established Centract as the industry thought leader and trusted source for real estate intelligence and analysis.

For more information, please visit www.centract.com.

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