The Ontario Collective, a group of 12 real estate boards and associations in Ontario, successfully launched the second phase of an enhanced regional MLS system and planned to complete the roll-out this month.

“We just marked our first anniversary as a collective and I am thrilled at what we’ve achieved,” says Cathy Polan, chair of the Ontario Collective Board of Governors. “After the first phase launch in October, we are extremely proud of where we stand today on this journey. All is going quite well with the Matrix platform, which provides better access to data and best-in-class tools to support Realtor members.”

Created by CoreLogic, Matrix is an MLS platform used by other real estate boards and associations in Ontario and 670,000 MLS users across North America. It will be the common data platform for more than 5,000 Realtor members in the collective once the final phase is completed.

The collective includes Bancroft and Area Association of Realtors, Kawartha Lakes Real Estate Association, London and St. Thomas Association of Realtors, North Bay Real Estate Board, Northumberland Hills Association of Realtors, Peterborough and The Kawarthas Association of Realtors, Quinte & District Association of Realtors, Realtors Association of Grey Bruce Owen Sound, Southern Georgian Bay Association of Realtors, The Lakelands Association of Realtors, Tillsonburg District Real Estate Board and Woodstock-Ingersoll and District Real Estate Board.



2 COMMENTS

  1. Is it just me, that the most obvious common denominator is that they are not TREB ?
    Could this be a band of like-minded bureaucrats that are more concerned about not being absorbed by TREB and losing their cushy jobs?
    From conversations with Toronto agents they can run their whole business from their iPad including automated CMA’s etc.However without the benefit of a side-by-side comparison it’s hard to judge.
    I see no real advantage of the new system other than its more time-consuming to enter a listing and I have access to information that is of no interest to me.
    I have been to Toronto recently to show properties , have talked to numerous Toronto agents with buyers for London properties. Zero interest from London people for any of the above areas and no calls from agents from same.
    I for one have no fear of competing with Toronto agents in my marketplace(and would greater competition not benefit our sellers?) and would benefit from having greater autonomy with the Toronto real estate Board;s MLS information.
    Eventually the marketplace in conjunction with the rapidly evolving technology will naturally incentivize a scenario that allows for more open access to mls information from significant players.
    Is it not ironic that consumers are being granted much greater public access to MLS data whereas I as a realtor am not enjoying the same?

  2. is it an improvement/ different than/ cheaper than Stratus? if you folks think so … then lets have a look at it. PRONTO!! Ontario Registrants NEED an Ontario-wide Db, that the Boards own,and that is not-possible to be misconstrued as a public utility. Also we need the possibility of all-ontario participation as a lever toacquire a majority interest in your Matrix or to nego a best-poss deal w Stratus (PS if TREB doesn’t own a maj stake in that system already … they should have a long time ago) rce

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