Over this past weekend, the member real estate boards that belong to CREA ratified and agreement with the Canadian Competition Tribunal. Individual real estate agents are still trying to make sense of this agreement and how to adapt these new opportunities into their business models.
Here is the source document from the Competition Tribunal Website
It will still take a few weeks for this decision to be implemented through rule changes from RECO (Real Estate Council of Ontario), The Toronto Real Estate Board and by RE/MAX – to establish exactly what we can and cannot offer, to provide the legal contracts and the mechanics of the process.
If you are thinking of selling your home in Etobicoke or the west-side of Toronto and are looking to save some commission, do give me a call and lets see if we can work something out.