Post- Briefing Update on the Competition Bureau case
On September 30th, the Canadian Real Estate Association’s (CREA) Board of Directors issued
an announcement that it had approved a settlement with the Competition Bureau.
The proposed agreement:
Does not give the public direct access to the MLS® system or to REALTOR.ca; the
Membership Pillar has not changed and the MLS® system remains a member to
member service;
Does not require brokerages to change their business models;
Does not preclude Boards or CREA from having rules for the efficient operation of an
MLS® System which are not contrary to the Agreement;
Does not impact the Compensation Pillar; and
Does not impact the responsibility of members to ensure the accuracy of MLS® listing
content.
an announcement that it had approved a settlement with the Competition Bureau.
The proposed agreement:
Does not give the public direct access to the MLS® system or to REALTOR.ca; the
Membership Pillar has not changed and the MLS® system remains a member to
member service;
Does not require brokerages to change their business models;
Does not preclude Boards or CREA from having rules for the efficient operation of an
MLS® System which are not contrary to the Agreement;
Does not impact the Compensation Pillar; and
Does not impact the responsibility of members to ensure the accuracy of MLS® listing
content.
GTA REALTORS® Report Mid-Month Resale Housing Market Figures
TORONTO, October 18, 2010 -- Greater Toronto REALTORS® reported 3,012
sales through the Multiple Listing Service® (MLS®) during the first two
weeks of October 2010.
sales through the Multiple Listing Service® (MLS®) during the first two
weeks of October 2010.
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