Toor Net Worth and Update
Today’s generation entirely depends on advanced technology, whether related to their work or for any other purpose. So, in this article, we will discuss one such application, “Toor,” which is also part of advanced technology and primarily focuses on advancements in the real estate business.
“Toor” focuses on each essential requirement of the real-estate person. The application is helpful to all those associated with the real estate business, whether it is a broker, seller, or agent. The primary function of “Toor” is that it provides security to all real estate businesses by offering the Lockbox function, which you can also access with the help of your smartphone.
| Toor Company Details | |
| Founder | Junior Designer |
| Founded | March, 2016 |
| Company Name | Level Properties for real estate business, Toor on Kickstarter |
| Location | Texas |
| Product | Lockbox Device |
| Appearance in Reality Shows | Shark Tank Season 8, Episode 8 |
| Asked for Investment | $5,00,000 for 10% Equity |
| Finalised the deal | $2,00,000 for 10% Equity and $3,00,000 for Loan |
| Sharks | Kevin O’Leary, Barbara Corcoran |
| Business Status | Not Active |
| Official website | https://toor.today |
| Instagram username | @juniordesinor |
| Twitter Username | @junior_desinor |
| YouTube Channel | @juniordesinor3683 |
| Net Worth (2023) | USD 2 Million |
So, let’s start this article by knowing the meaning of the “Toor” application.
What is Toor?
The “Toor” is an intelligent lockbox application that lets you access your house key using your smartphone. Junior Desinor invented this application in 2018.
As stated above, this application is very useful for all those people who are engaging themselves in real estate activities.
Advantages and Disadvantages of the Toor Application:
Advantages of the Toor Application:
- It is an entirely user-friendly application.
- It also offers a variety of color options to the user.
- Users can take advantage of the application’s advanced features by paying a small subscription.
Disadvantages of the Toor Application:
- One can efficiently operate others’ profiles with the help of an application.
- It lacks water consistency.
Who is the Founder of Toor?
Junior Designer is the founder of the “Toor” application. He lived in Haiti, where he found it difficult to work, like there was no proper place to work, so he decided to move to Texas with his parents in search of a better lifestyle.
Junior Desinor started his first business at age 18 and owned his first property in the same year. He was also president of a real estate organization.
In 2008, he got a license for his real estate business and became the field’s youngest agent. He also worked with Keller Williams Realty, Inc. for a few years.
After years of experience in the real estate business, Junior Desinor established his company, Level Properties, in 2011.
This firm is still providing services to its clients. Moreover, in 2013, Junior Designer had a massive success after selling a property for over $100 million.
How Does Establishing Toor Begin?
After having had personal real estate experience for 14 years, Desinor identified that the recent real estate process was slow going and very time-consuming. For instance, if anyone wants to purchase a house or vice versa, they first have to appoint an agent with proper knowledge of the real estate firm, then they meet with the clients and whatnot.
Thus, to avoid such a long process, Junior Desinor decided to introduce an application through which the client can easily talk with the agent without taking much time.
So, by focusing on this particular goal, Desinor introduced an application named “Toor” in 2016 and targeted all real estate brokerages. After inventing the application, he also joined a “Kickstarter Campaign” campaign to raise funds for it, and the company made $100,412 in pre-sale itself.
Toor Appearances in Shark Tank Season 8:
As the founder, Junior Desinor, was not able to raise enough funds, he decided to take part in one of the American reality shows, Shark Tank, and ask for investment help for the sharks. So, he appeared in season 8 of Shark Tank, demanding $5,00,000 for 10% equity.
We all know that only a few investors are willing to take the risk of investing in any new startup. A similar situation happened with the “Toor” application. As it is a new startup, all sharks are afraid of investing because some find no uniqueness in the “Toor” application, while others doubt its market value.
After seeing the application demonstration, sharks Barbara Corcoran and Kevin made an offer for Junior Desinor, which was $200,000 in cash and a loan of $300,000 for 10% equity. This offer was quite shocking, but Junior accepted the offer.
Toor Net Worth:
Currently, the “Toor” application’s net worth is around $2 Million, and it is not part of the current business world. The firm is unable to sell the application in this competitive market.
Now, let’s see the past few years’ net worths of the “Toor” application:
- Toor’s net worth before participating in the “Shark Tank” reality show was 1 Million USD.
- After Shark Tank till 2020, “Toor’s” net worth is USD 2,00,000.
- The current Net worth of “Toor” is over $2 Million.
Toor Latest Updates (2023):
Toor sells its products on its official website, Toor. Today, and Amazon. The application received 2 rating stars from its 17 buyers.
But, as per our current report, Took Lockbox has just sold its products, and its sales revenue has started declining. It has just a $200 net worth and is making zero revenue.
According to some sources, the main reason behind the failure was that the founder had never delivered its product to the market. They had already taken $9000 orders from their customers, but they never delivered it to them. Thus, they had to refund all the money back to their customers.
Unfortunately, this product’s current business status is inactive, and investors who invest in it also face losses.
Final Words:
The “Toor” application was founded by Junior Desinor, a reputed real estate business personality, in 2016. The primary purpose of introducing the “Toor” application was to help all those engaged in real estate activities.
The application was also featured in one of America’s reality shows, “Shark Tank.” Yet, after that, the firm cannot make much profit or give cut-throat competition to the market. So, at the present moment, it is only available on its official website and on Amazon.com.
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