Tags Posts tagged with "The Commissioner of Competition v. The Toronto Real Estate Board"

The Commissioner of Competition v. The Toronto Real Estate Board

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REM has reported on major real estate industry stories during the last 30 years. But the entity that has had the most coverage in REM and touched on many of the big issues has been the federal Competition Bureau

John DiMichele

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John DiMichele talks about building a new MLS system, how TREB gets along with CREA and OREA and reflections on the Competition Tribunal order.

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Realtors live in a results-oriented environment every day of their careers: if we don’t get results, we don’t get paid, it’s that simple.

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It’s time to move forward, embrace policies that align with the law, and open the door to innovation in real estate services.

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The outcome of the Competition Bureau’s case against the Toronto Real Estate Board has attracted significant media attention. The case, given its complexity, has been largely misunderstood.

Adam Major

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Vancouver brokerage Holywell Properties is now putting sold prices online for homes sold through the MLS systems of Greater Vancouver, the Fraser Valley and Chilliwack and area on its website at Zealty.ca.

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With the arrival of Zillow and Purplebricks in Canada, and most recently the public release of sold data, you can be sure that our industry will look different one year from now.

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TREB CEO John DiMichele says that despite grumbling in the media that the board has been slow to get the data feed started, “we were up and running well before the 60 days” deadline.

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The Toronto Real Estate Board’s long-running battle with the Competition Bureau finally appears to be at an end, but there are still a lot of questions about how it will impact local boards and if more legal action is coming.

video

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How will “sold data” affect your business? Here are my thoughts on how you can use this huge change to your advantage.