The Competition Bureau says it's obtained a court order as part of an investigation into potential anti-competitive conduct by the Canadian Real Estate...
The Competition Bureau says it's obtained a court order as part of an investigation into potential anti-competitive conduct by the Canadian Real Estate Association.
CREA's membership includes more than 160,000 real estate brokers, agents and salespeople. It did not immediately provide comment. Property listings on an MLS system must include a commission offer to the buyers’ agent, and when a listing is sold, often the agent for the buyer is paid by the seller’s agent, according to the court documents.They allege these rules reduce incentives for buyers' agents to offer lower commissions because if buyers aren't directly paying their agent, they may be less likely to select an agent based on their commission rate.
The documents also allege the co-operation policy disadvantages alternative listing services as it’s harder for them to compete on things like privacy or inventory. WorkForce Software Named Most Innovative Tech Company of the Year in 2024 International Business Awards® The recent IPO, compared favorably to Chipotle, has found a "magic formula" with earnings set to double. Cava stock has nearly tripled this year.Kosovo's leader says Russia prevailing in Ukraine would threaten 25 years of peace in the Balkans
Realtor Court Documents Court Order CREA MLS Real Estate Listing Services Commission Rates
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