Sunday, October 24, 2010

Competition Bureau Vs CREA and REALTOR.ca®

CREA and the Competition Bureau have come to an agreement on what changes will be made to their rules which govern the use of REALTOR.ca®. For us here in Victoria I do not see there being any changes to the system we already have in place. All of the changes and regulations outlined in the agreement have been in effect here in Victoria for many years. I read the press release from CREA three times and saw nothing that with affect the way that the Victoria Real Estate Board governs it’s members. This seems incredible when you take into account the amount of media coverage on the story. Since Victoria is one of Canada’s most advanced local real estate boards in business practices, we have already dealt with these issues and have come to the same conclusion as CREA and the Commissioner. There is a multitude of different business models operating in Victoria and they have been in business for many years.

Aaron Hall.

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