DuProprio

DuProprio
Private Company
Industry Real estate
Founded Charny, QC (1997)
Founder Nicolas Bouchard
Headquarters Charny, Quebec
Key people
 Marco Dodier, President and CEO, Jean-Bruno Lessard (Sr VP), Lukas Lhotsky (VP Corporate Development & Operational Strategy), Marie-Christine Blain (VP Legal Affairs & Compliance)
Number of employees
 400[1]
Parent Purplebricks
Website DuProprio.com

DuProprio is a Canadian real estate service.

Activities

DuProprio and its Anglophone siblings ComFree, make up Canada's largest commission-free real estate network.[2] Its website, DuProprio.com, lists over 28,000 properties for sale and gets 5 million visitors every month.

History

Nicolas Bouchard founded the company in 1997, in Lévis, Quebec.[3] The company, which was originally called directduproprio, became DuProprio.com in 2004, and finally became DuProprio in 2011.

In 2009, it acquired Private Real Estate, SKhomes4sale and ComFree;[4] other Canadian companies specialized in commission-free real estate sales. After the acquisition, DuProprio's brand image was revamped.[5]

By 2011, the company said that 100,000 properties had sold through the DuProprio network.[6]

In 2015, the company was purchased by Yellow Pages Group for $50 million.[7]

In 2016, the Quebec Superior Court certified a class action lawsuit by the Quebec Federation of Real Estate Boards against DuProprio alleging that its advertisements had unfairly denigrated real estate agents.[8]

In 2018, the company was purchased by Purplebricks, a United Kingdom company also offering commission-free real estate services, for $51 million.[9]

References

  1. ↑ ComFree. "The ComFree Team". Retrieved 2010-12-26.
  2. ↑ LesAffaries.com. "Immobilier : DuProprio.com dévoile son plan d'expansion". Retrieved 2013-04-08.
  3. ↑ DuProprio.com. "Simple Comme DuProprio.com" (PDF). Retrieved 2013-04-08.
  4. ↑ Radio-Canada.ca. "DuProprio.com élargit ses horizons". Retrieved 2013-04-08.
  5. ↑ LesAffaires.com. "Duproprio.com change de couleurs". Retrieved 2013-04-08.
  6. ↑ JournaldeQuebec.com. "DuProprio atteint 100 000 propriétés vendues". Retrieved 2013-04-08.
  7. ↑ "Yellow Pages to buy DuProprio real-estate network for $50M". CBC News. Retrieved 2016-04-20.
  8. ↑ "Court gives go-ahead to class action lawsuit against DuProprio". CTV News Montreal. Retrieved 2016-04-20.
  9. ↑ "Yellow Pages sells ComFree/DuProprio to Purplebricks for $51 million". Montreal Gazette. 2018-07-02. Retrieved 2018-07-05.
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