MLS changes not enough according to Competition Bureau

The Canadian Real Estate Association (CREA) members voted for some changes in it’s annual meeting in Ottawa.   The changes were brought in after the Competition Bureau challenged CREA that rules to list on the MLS were too restrictive…..

There were 2 major changes:

-a property can be listed on MLS for a flat fee.

-the agent must now pass along the seller’s phone to the prospective buyer, if the seller chooses.

But the Competition Bureau said these changes didn’t go far enough… click here to read more as reported on CTV.ca.

We’ll be following this story closely… this appears to be a first step in making the MLS more public….stay tuned.

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