Monday, September 25, 2006

Realtors Battle Over Access to Canadian MLS

A battle is brewing behind the scenes of Canada's booming real estate market that could hike fees consumers pay for some real estate agent services.

The CREA (Canadian Real Estate Association) noted that it has concerns about rules "that serve to exclude entry-only and limited-service listing from MLS or otherwise restrict the ability of consumers to obtain the variety of relationships that they want with a broker." and “listings which are in essence "For Sale By Owners", or are listings where the seller retains the right during the MLS listing period to sell to any prospective buyer without involvement of a Realtor, cannot be posted on a board’s MLS system.”


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