Hacker Connect January 16 in New York
An event for and by the real estate tech community

Zaio Corp., a Canadian-based company that's built a database of photos, valuations and property information through a network of local appraisers and photographers, has closed down its U.S. subsidiary, Zaio Inc.All of Scottsdale, Ariz.-based Zaio Inc.'s employees have received notices of termination and the parent company will sell off its assets, Zaio Corp. said Thursday.Calgary-based Zaio Corp. said it retains ownership of a database of 24 million photos and 140 million property records, and plans to maintain its current relationships with appraisal firms and zone owners in order to "redeploy its rollout strategy at a more favorable time in the economic cycle."Zaio's strategy has been to segment cities and counties into zones, selling the right to operate the zones to appraiser...