Not exact matches
Using a website, a YouTube video and a few posters designed to
be shared over social media, the board, which represents 34,000 Greater Toronto Area
realtors, portrays itself as the guardian of consumer privacy and safety
in an ongoing legal fight with the federal
Competition Bureau.
According to an official with the
Competition Bureau complaints have begun streaming
in from frustrated
realtors stating that they
are restricted by the usage agreement from setting up Virtual Office Websites.
Realtors employing Virtual Office Websites such as Redfin
are «offering significant rebates and we see no reason not to see that happen here
in Canada,» said Greg Scott, Senior Communications Advisor at the
Competition Bureau.
Not only
are realtors facing new
competition from people like Arora within their own ranks, but also deep - pocketed companies including Power Corp.
are moving
in on the for - sale - by - owner (FSBO) space, at long last creating a nationwide alternative to the MLS, which for years has
been a near - monopoly marketplace.
No sooner has he argued with his sixteen - year - old niece how what the public wants
is different from the more ethereal goals of professional critics then he
is confronted by the pretty Sofia (Dolores Fonzi) with whom he finds himself
in competition for the same apartment, which the
realtor happily arranges to make the place more desirable.
In the wake of the
Competition Bureau's move to open up the MLS system to everyone,
realtors and real estate boards have
been talking up the risks of selling your own home.
Scott Farrell, a
realtor and partner at Atlas Properties
in Boston, agrees that the fall, especially November,
is a great time to find a house and score the best deal due to less
competition from other buyers.
As you said, as long as the
REALTOR ® only has to enter the listing
in one MLS ® and all the listings
are available on the consumer portals, the interests of organized real estate
are maintained and there'd
be one less thing for the
Competition Bureau to
be concerned about.
«The application
was based on the commissioner's allegation that a certain rule adopted by the board
is anti-competitive because it substantially lessons
competition among
Realtors in the Greater Toronto Area who
are members of the board,» says the court's Reasons for Judgment, written by Justice J. A. Sharlow.
The subject of «non-price
competition» can
be viewed
in two ways: from a perspective of service to a consumer and,
in this case, from the perspective of how a
REALTOR may want to prospect for new customers or clients — both topics of which
are matters of Provincial Regulation.
Should it the case that the Delegates who voted
in St John's
in October of 2010, regarding the Consent Agreement,
were not made aware of this subject material point regarding Trademark Law and
REALTOR, it would
be more than sufficient to invalidate the vote that took place
in St.John's Nfld., regarding whether or not to accept the
Competition Consent Agreement!
I tried to touch on this
in the article when I said that it
's not the public who had limited
competition options but rather its
Realtors.
In this regard, the Competition Bureau only needs to regard the words of their own lead Counsel (John Rook) in regards to the GTA market being «cutthroat» from the perspective of REALTOR behavior towards acquiring new busines
In this regard, the
Competition Bureau only needs to regard the words of their own lead Counsel (John Rook)
in regards to the GTA market being «cutthroat» from the perspective of REALTOR behavior towards acquiring new busines
in regards to the GTA market
being «cutthroat» from the perspective of
REALTOR behavior towards acquiring new business!
Once again,
in order for the
Competition Tribunal to rule against TREB, it would
be tantamount to the Tribunal ruling that by a Registrant /
REALTOR pursuing a Full - Agency Client Relationship and not trying to reduce their workload or hope for a reduction their workload, that such a work ethic
is not consistent with a: «superior competitive performance»!
RIPPLINGER: When we first started talking with the bureau, it wasn't until a meeting or two
in that we realized there
was going to
be some conflict to some degree between what FINTRAC says a
Realtor should do and what the
Competition Bureau says we can't tell a
Realtor to do.
In addition to Ross» comments, as many realtors know, CREA and TREB are also fighting a major battle with the Competition Bureau in Canad
In addition to Ross» comments, as many
realtors know, CREA and TREB
are also fighting a major battle with the
Competition Bureau
in Canad
in Canada.
REM: Some aspects of what the
Competition Bureau
is proposing a
Realtor's role should
be in real estate transactions appear to contradict what FINTRAC requires
Realtors to do for «know your client» due diligence — has that come up
in your negotiations with the bureau?
In Ontario Buyers and Sellers each sign a representation agreement that clearly sets out that they may be in competition with other buyers and sellers that the Realtor represent
In Ontario Buyers and Sellers each sign a representation agreement that clearly sets out that they may
be in competition with other buyers and sellers that the Realtor represent
in competition with other buyers and sellers that the
Realtor represents.
These three personal episodes have me convinced (again, it
's only my personal opinion) that if Mr. Etherington
is going to use the same «strategies», and negotiation tactics and style to represent the interests of
Realtors before entities like the
Competition Bureau and partner organizations, then TREB members
are potentially
in for a whole heap of trouble and pain.
«We felt strongly as a group of four local
Realtors that we wanted to help support the success of Summerland players as they achieve very high levels of
competition in the Pacific Coast Soccer League Reserve Division,» says Patrick Murphy,
Re / Max broker / owner.
The problem with this industry allowing, no let me correct that,
is promoting part time
Realtors,
is that the
Competition Bureau mandates that we MUST allow part time
Realtors to practice
in our industry, good, bad or indifferent.
True there
are many that do little, but they have to do something to make it worth their while and
in the age of high fees that
was possible, but as
REALTORS cut their fees and more and more
competition is introduced into our industry, it
's less likely there will
be those seeing our industry as a place to retire and make $ 50,000 a year.
And, yes, it
is REALTORS ® who have promoted
competition in the market by encouraging new business models and by keeping large banks out of real estate.
This spring, she
was in Chicago to check out a few investment opportunities for her company and made some time to chat with
REALTOR ® Magazine about her work, changes coming to the industry, and how to out - execute the
competition.
«The current applications
are only for development and leasing activities, and not brokerage, which will put NationsBank
in direct
competition with
REALTORS ®
in that part of the real estate business.
«
Realtors ®
are acknowledging with increasing frequency lately that buyers continue to
be frustrated by the tense
competition and lack of affordable homes for sale
in their market.»
Don't you think we really had a case for controlling our own
Realtor funded websites, and don't you really believe that there
is competition galore
in the
RE business, enough to win a case on this issue?
At a time
in history where most everyone has access to the internet and since all that we as
REALTORS own to sell
is ourselves — unlike the oil and gas companies — it
's beyond absurd that the
Competition Bureau of Canada would waste two cents of taxpayers money trying to undermine a ligitimate and valuable Canadian Industry!
The sad irony of the
Competition Bureau efforts
is that it
is the licensed
Realtor in Canada, not the public that
is in most need of protection from its own bureaucracy.
I
'm also struggling to find a
realtor that doesn't speak
in 3 word sentences or even wants to meet
in person to discuss my goals — maybe it
's just the area, heavy
competition, and a lot of «investors» (probably like myself) who spin people
's wheels without ever getting really serious.
It seems the
Competition Bureau wants to make everyone a realtor without any knowledge — just absolutely bizarre how they are involving themselves supposedly in the name of competition, but seemingly more with a personal vendetta against realtors — reminds me of East Germany or Russia now in Canada — if a business is too successful, ta
Competition Bureau wants to make everyone a
realtor without any knowledge — just absolutely bizarre how they
are involving themselves supposedly
in the name of
competition, but seemingly more with a personal vendetta against realtors — reminds me of East Germany or Russia now in Canada — if a business is too successful, ta
competition, but seemingly more with a personal vendetta against
realtors — reminds me of East Germany or Russia now
in Canada — if a business
is too successful, take it away.
Regardless of whether he
is in competition with other sales reps or
is the only
Realtor vying for a listing, he does the same thing.
NAR President Chris Polychron, executive broker with 1st Choice Realty
in Hot Springs, Ark., says
Realtors ®
are reporting strong
competition and limited days on market for available homes — especially at the entry - level price range.
When Incentives
are REALTOR, and not Brokerage based, this
is when
competition will exist
in organized real estate.
So that OUR MLS system can
be compromised
in the name of the
Competition Bureau and CREA's inability to, as Mr Montague so delightfully puts, grow some stones and stand up for what we, as PROFESSIONALS have worked so hard to develop
in such a way that
is accessible and appealing to both
Realtors and the public alike?
As a (fulltime)
Realtor for 41 Years I have never
been concerned about
competition and have always «measured» every Room and every Home I have ever listed... no matter WHERE the Property
is /
was located, which
is,
in my Opininion, part of a good
Realtor's (Agent's) Job anyway..
Simonsen says it
's important that CREA
be allowed to tell the Tribunal how the
Competition Bureau
's demands would impact the industry as a whole, «considering the different provincial regimes across Canada and the different demand for and experience with VOWs and similar services...» CREA says that as the trademark owner for the MLS and
Realtor, it has a direct interest
in «ensuring that any use on the Internet of information sourced from a MLS System
is subject to sufficient rules and policies that protect those standards.»
The problem
is not
in competition but instead on the inability of Licensed
REALTORS to
be able to honestly state the facts without fear of reprisal.
We don't do this because there would
be less practicing independent
realtors out there that would
in turn curtail
competition, but perhaps the
competition board should focus more on having proficient
realtors representing the public versus allowing things to get dumbed down just for the perceived hope of saving a few bucks.
She says the 70,000
Realtors in the province
are competing for the same properties
in the same market, making the
competition fierce, forcing new agents to knock door - to - door and cold call
in the hope of making a deal.
TRUER WORDS
WERE NEVER SAID!!!!!
In our head over heels rush to accomodate the Competition Board, we've lost sight of the importance of the Realtor in the equation of the real estate dea
In our head over heels rush to accomodate the
Competition Board, we've lost sight of the importance of the
Realtor in the equation of the real estate dea
in the equation of the real estate deal.
There
is a reason good
Realtors turn
in bad
Realtors, it
's not to thin the
competition.
As an Ontario practitioner (without detailed knowledge of registration
in the other provinces) I see the (mandatory - membership) Real Estate Council of Ontario (RECO) now as the industry's rule - setter and disciplinarian and wonder if «
Realtor» might
be given a new meaning and serve a new purpose — perhaps solving the concerns expressed by the
Competition Bureau.
«
REALTORS ®
in most markets
are saying interest from first - timers
is up this year, but
competition is stiff for listings
in their price range,» says NAR President Bill Brown.
In a Canadian market with more than 100,000
Realtors,
competition is fierce.
«There
is no basis under the
Competition Act to require them to now change the nature of their product by licensing and posting listings that do not have even the minimal level of
Realtor involvement contemplated by the MLS Rules & Regulations and the proposed amendments, and thereby risk serious deterioration
in the value, quality and acceptance of the MLS system.
«We saw a slowdown of home sales
in July, and we
're still seeing prices rise and fewer available homes on the market,» says Orlando Regional
REALTOR ® Association President John Lazenby, Colony Realty Group, Inc. «
Competition for homes
in the entry - level and mid-price range (under $ 300,000) continues to remain high, especially among first - time homebuyers and investors.
«With tight inventory conditions leading to stiff
competition in several parts of the country and what
's found online sometimes not entirely accurate, buyers
are turning to
Realtors ® for expert advice and assistance
in navigating today
's fast - moving housing market,» he added.
I
was speaking with a
Realtor that specializes
in luxury homes yesterday and
in our conversation she advised that she thinks what we do
is great, but that we
are priced higher than our
competition.
Quebec
Realtors may just
be taking their justified anger out against CREA because of the CREAcrats» sellout to the
Competition Bureau
in order to save face with the Bureau, and not with their paying members.