Industry leaders are cautioning agents working Toronto’s west end, warning them about a seemingly ideal client intent on luring them to vacant properties.
Four months after having its hand slapped by TREB, this online brokerage is closing its doors.
I do not agree that anyone has the right or gall to suggest ANY Real Estate board acquired information must be made public ! Not a decision for any judge to make ! Not much different than your driving history compiled by Feds or Provincial Govt. is to be available to the public ! Nonsensical to my personal thinking and opinion ! Reminds me of the "Witch Trials" in USA some years back !
If this tribunal ends up siding with the Competition Bureau, TREB will now have an immediate case for appeal. Regardless of how arms length this Justice may or may not have been from the Realty Sellers v. TREB case in which his firm at the time was involved, he should have immediately recused himself from this case on that basis.There will be plenty of ammunition to claim a lack of impartiality. Mind you, Competition Bureau tribunals are not really known for their impartiality to begin with, considering the Bureau selects the panel.
This whole process is ridiculous! Why should the government have or lay any claim to private information research. Statistics/information compiled regarding sales activity has been done privately---maybe TREB members should arrange for an IPO on the stock market and sell its research for a fee to the public (like everyone else including information that is requested from all levels of our very own government) that will then benefit the TREB membership. After all, is it not the work of the collective membership that actually creates all the stats? Income from this can then be used to lower our membership fees and the government can interfere and regulate all it wants. Just thinking!!
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