Comments on: Mutiny At Canada’s Largest Real Estate Board? Brokers Want An Inquiry Into MLS Data

By: Woolsock

Woolsock — Fri, 12 Nov 2021 05:47:33 +0000

Nothing against realtors personally, I’m sure most are nice. But if hell freezes over and housing ever does correct in Canada, or if public irritation with the high cost of real estate ever actually boils over, will there ever be any serious reckoning for realtors?

So far they seem to constantly escape scrutiny. The “we’re self regulated”, “we signed a code of conduct” (Wow!) song and dance really shouldn’t fly. After all, they’re at the helm of just about every RE transaction in the country. There’s no reason, if engineering bidding wars and all that nonsense, is part of your practice, you shouldn’t lose a bit of autonomy. This was their watch and their responsibility.

By: SmugCanadian

SmugCanadian — Fri, 12 Nov 2021 01:24:13 +0000

I’ve always said TREBB is an organized criminal organization. Facts speak for themselves. Now, we need a politician brave enough to get to the bottom of it!!

By: V

Thu, 11 Nov 2021 21:49:16 +0000

TRREB obviously is not doing what’s best for buyers. Hiding information in what a con-man does!

By: Jez

Jez — Thu, 11 Nov 2021 20:01:17 +0000

Anonymity allows misinterpretation of facts and this has the hallmarks of a personal and not a collective agenda. TREB was established as a Not-for-Profit in the last century when it was little more than a small group of brokers and formed a Photo-Cooperative sharing listings amongst it members. It has far outgrown this concept exponentially and likely it is overdue that it should operate as a for profit business and pay taxes. I would imagine the leadership of any progressive organization would explore options and opportunities for its future in today’s world of ever developing technology with TREB being no exception. Surely TREB’s membership would the ultimate beneficiaries. It might have been more astute to have indicated to its members of this direction, in that they ultimately would be the final decision makers.

By: Scott

Scott — Thu, 11 Nov 2021 18:42:23 +0000

Half theses people should be in jail for failure to disclose suspicious transactions. Government should simply expropriate all the data. Same as tearing down a house for a new highway: Public good. Bankrupt TREB just like they’re bankrupting us….

By: jake

jake — Thu, 11 Nov 2021 18:21:29 +0000

Hopefully the tarion monopoly will come under fire as well.

By: Hannah Goodman

Hannah Goodman — Thu, 11 Nov 2021 18:20:41 +0000

The fact home prices and information in Canada is all owned by private entities shows how much of a baanan republic this country is.

By: Trader Jim

Trader Jim — Thu, 11 Nov 2021 18:17:22 +0000

Consider this. If brokers didn’t know and they’re wondering if the board knew, it’s pretty obvious this has to be TRREB staff or board directors.

Now the question is will TRREB address the issue head on or try to attack the person who’s trying to bring this to the public’s attention? That should determine if organized real estate should remain self-regulating. I personally don’t think it ever should have been.

By: Oldguy

Oldguy — Thu, 11 Nov 2021 17:08:19 +0000

The time has finally come to blow up this “non profit” monopoly. If the provincial government had any spine, now would be the time to step in and put an end to this charade. But the real estate lobby has plenty of money and lots of friends in high places, so don’t hold your breath.
So they will end up making a deal where they all make more money at the expense of the suckers (ordinary buyers and sellers) who have been funding this game for decades.
Nothing to see here.