Episode 138 of the daily Toronto Real Estate Musing video blog. George O’Neill discusses the recent Canadian Competition Bureau ruling that the Canadian Real Estate Association (CREA) needs to make changes to open up access to the Multiple Listing Service (MLS)®.
If you are interested in Beach or downtown Toronto real estate or wish to discuss this topic further, please email George@GeorgeONeill.ca or leave a comment below.
Related posts:
- Competition Bureau Shakes Up Multiple Listing Service (MLS)® – To Do's
- Competition Bureau Shakes Up Multiple Listing Service (MLS)® – Part 3
- Competition Bureau Shakes Up Multiple Listing Service (MLS)® – Part 2
- Pros Require Service Contracts, Which Protect All Parties
- Do Not Allow A Realtor® To "Buy Your Listing"
I had worked for AE LePage Realtors and shortly had quit when I had found out about their much too common scams, false, immoral, restrictive trade practises they are involved in.
1: They tend to consciously encourage new persons to join the firms and systematically lay them off.. they use the new employees for new real estate sales contacts, and local managers tend to pass on all the sale inquires to established existing sales personnel and the rookies get no financial benefit from their own hard work, input..
2: On their weekly homes for sale open homes visits by the staff, they only visit their own listings and discourage sales at any of the competitors listings.. they try to encourage their staff to only buy and sell their own listings. Hoping to double the commissions earnings.
3 And they also often clearly do lie to their customers about the actual type of sales presentations they will do for them too. Newspaper ads are the most effective approach but they are too cheap to pay for too many of them.. http://thenonconformer.wordpress.com/2010/02/08/competition-bureau-seeks-to-smash-%e2%80%98anti-competitive-crea-rules-on-mls/
Dear Thenonconformer,
If your experience is true it does not sound pleasant. None of what you said has happened to me.
George