One of the firm's founders, Toronto lawyer Lawrence Dale, announced the restructured company's re-entry in November, stating that the Consent Agreement signed
between CREA and the Competition Bureau now makes it possible for his business model to succeed.
Dale said the Consent Agreement signed
between CREA and the Competition Bureau now makes it possible for his business model to succeed.
Aside from the advertising dues credit and more à la carte services, the Montreal board called for a clear definition of the role and responsibilities of different real estate boards, an end to duplication
between CREA and real estate boards and a review of what it deemed CREA's «questionable expenses.»
Following a two - year inquiry by the federal government's Competition Bureau that concluded some of CREA's rules governing MLS access are anti-competitive, discussions to reach a settlement agreement
between CREA and the bureau are ongoing.
This agreement is the result of extensive negotiations
between CREA and the Competition Bureau,» says CREA president Georges Pahud in the statement.
when it comes to considering the ramifications of all of the court filings
between CREA, Dale / Moranis and Realtysellers et al regarding the eventual outcome (pre-trial negotiated or post trial adjudicated); what will be will be.
What appears clear in this fight
between the CREA leaders and the competiton bureau is that the agents are the ones who will suffer regardless of the outcome and the impact to the agents only gets worse as this drags on.
«The media has inaccurately reported that a proposed resolution
between CREA and the Competition Bureau would result in members of the public being able to access the MLS system to list their homes for sale without involvement of a Realtor member of CREA.
However, she says that, recognizing Dale's «past and existing litigation proceedings
between CREA and Realtysellers... there should be limits on Mr. Dale's intervention.»
Dale says he has «a unique and distinct perspective on the matters at issue in the application, as well as specialized knowledge and expertise» to assist the tribunal, as well as «direct knowledge of the relationship
between CREA and its member boards, such as TREB, and the operations as far as CREA exercising control over how the member boards operate their MLS systems.»
There's a lot of ink getting laid out about the agreement
between CREA and the Competition Bureau regarding MLS.
In early March, Cimerman spoke with REM senior editor Kathy Bevan about HomeLife and also shared his views on the current MLS dispute
between CREA and the Competition Bureau.
I read a story in MacLeans magazine over the weekend that talked about the current and pending activities
between CREA and the Canadian Competition Bureau.
REM: Here at home, the dispute
between CREA and the Competition Bureau over MLS access has intensified, with CREA's membership scheduled to vote on proposed changes at this month's AGM and the bureau's commissioner filing for a formal hearing before the Competition Tribunal.
He says that in his opinion, the consent agreement led to «a rift
between CREA and the real estate boards; undue hardships on real estate sales associates, a change in commission structures that reduced or eliminated what I perceive as essential services to clients; the appearance of «mere listing» options where the buyer's agents now have to take an extra step and negotiate their own commissions with a seller prior to presenting the offer; and last but not least, the «opening» of the MLS information, which Realtors pay for, making it fully available to the public.»
Are you saying that if CREA becomes unwound (extinct) that the current contracts
between CREA and the C.B. - assisted highjackers et al would still be in force?
Lorne Weiss, president - elect of the Manitoba Real Estate Association, viewed the consent agreement itself as a major milestone for the relationship
between CREA and the bureau.
Public response to online media articles around the recent Consent Agreement
between CREA and the Competition Bureau overwhelmingly cast real estate agents in a negative light, suggesting, among other things, that we are overpaid, under - qualified, self - serving and lazy.
Nestled in the cleavage
between the CREA Board of Directors for 2014 - 2015 and a no doubt riveting article on the enforcement of trademarks, was the teaser — FINTRAC Update.
During the recent dispute
between CREA and the Competition Bureau over MLS access, Dale applied unsuccessfully for intervenor status in support of the bureau's allegations that CREA's MLS access rules were anti-competitive.
REM: Industry discussion about the impact of the recent agreement reached
between CREA and the Competition Bureau appears to have been more focused on central Canada than out west — why?
OREA should be the voice of the individual personal members who are are forced to belong to and support OREA under the 3 way agreements
between CREA and OREA and each Board / Association.
Also, talks continue
between CREA, TREB and the Greater Vancouver Real Estate Board about a single - system, national MLS.
REM: What are you hearing from your brokers and salespeople about the legal dispute
between CREA and the Competition Bureau over access to MLS data?
'' [44] The Commissioner's interpretation of the agreement would mean that any distinctions
between CREA members and private sellers are discriminatory, no matter how minor.
In the wake of an agreement
between CREA and Quebec boards, the boards pay lower membership dues to the national organization in exchange for the right to conduct their own advertising.
Not exact matches
The issue of permitting virtual office websites (VOWs) to publicly display sold data — a property's purchase history — is still before the courts, a years - long litigation
between the Toronto Real Estate Board,
CREA and the federal competition bureau.
According to
CREA, the real estate industry raised nearly $ 20 million in 2015 for charities and good causes, and the industry has donated over $ 91 million to charity
between 2012 and 2015.
The
CREA says the declining trend in new listings will help maintain the balance
between supply and demand, and temper home price volatility.
Citing sources familiar with the deal, the Globe and Mail reported on the broad contours of the agreement
between the Competition Bureau and
CREA:
Ni es
crea ni es destrueix («Neither Created nor Destroyed») is the title of an exhibition that explores the different degrees of mutual infiltration
between education, training and contemporary artistic practices through art works created during the third (2011 - 2012) and fourth (2012 - 2013) editions of the programme Artists IN RESiDENCE at Barcelona Secondary Schools *.
«Whether through her work with the U.N. in Timor, here at home working with
CREA, or now as Minister of Climate Change and the Environment, Minister McKenna demonstrates her diversity as a lawyer in her ability to move
between commercial and trade law, as well as public policy.
Little also noted that TREB, as
CREA's largest member, represents
between 35 and 40 per cent of
CREA's membership, and therefore, have the greatest number of votes when electing
CREA's Board of Directors.
Counsel Andrew Little, cross-examining
CREA CEO Gary Simonsen, had him confirm that TREB is
CREA's largest member, comprising
between 35 and 40 per cent of its membership, and that several members of its Board of Directors were TREB members.
The divorce
between Quebec's two largest boards and
CREA appears to have been short - lived but the renewed marriage vows
between the organizations means the relationship will be different than it was before.
«Our relationship with
CREA includes a deep integration
between Authentisign and WEBForms,
CREA's existing online forms system, allowing
CREA members to easily share documents electronically.»
In Alberta, lots of us would love to dump AREA, which is seen largely as an old boys club raking off fees by interposing itself
between the local Boards and
CREA's technology.
«Harry also served as a special liaison to
CREA for the NAR president for several years and worked hard to establish and maintain strong ties
between the two organizations.
Between sandwich bites in a working lunch, one leader offered the main concern for organized real estate — will Quebec stay in
CREA?
A recent study commissioned by
CREA estimates that
between 2006 and 2008, the average housing transaction in Canada generated $ 46,400 in ancillary spending (spending on items other than the actual house and land).
There, buried
between the President's Message — yawn — and the 2013 Sales and Summary Stats was an important update from
CREA — the mother ship has called!
The Canadian Real Estate Association (
CREA) is weighing in for the fight
between the Competition Bureau and the Toronto Real Estate Board (TREB).
End result: Consumers are now getting the ROYAL SCREWING, and the same formula will now apply with the deal reached
between the CB and
CREA.
I would also add that due to an established accepted procedural protocol that has developed
between REM and
CREA over the years re these interviews, that there exists an ongoing dynamic
between same re the accuracy of the stated positioning of
CREA's official policy directions re Realtors» future place in the greater scheme of things.
«The nature of additional services to be provided by the listing REALTOR ® is determined by agreement
between the listing REALTOR ® and the seller, subject to the applicable regulatory requirements and the Rules of
CREA and Boards / Association.»
The difference
between the above example that I use and the CB /
CREA matter, is that both CB /
CREA have deep pockets, adequate legal representation, and the lawyers that make the best presentation at the tribunal hearing on behalf of their client will wind up with the prize.
The dispute
between the Competition Bureau and
CREA has brought a great deal of attention to this issue and public perception of real estate sales professionals has plummeted in recent months.
CREA's board of directors passed a resolution in late February, advising Canadian real estate boards to «take immediate steps to remove listing information posted on their MLS system where such listing information does not contain an appropriate agency relationship
between the listing office and the vendor and / or if the listing offers no remuneration to the selling office (0 % listings).»
Certain bureaucrats should be kept on in the demise of
CREA's case in order to effect a smooth transition
between the outgoing know - it - alls at the top and the incoming know - it - from - experience - et al new folks.
Unless I'm missing part of the story, I find some discrepancy
between your words and
CREA's actions.