Canada's gov't pushes for MLS changes

Realtors accused of restricting consumer choice

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Canadian Realtors are restricting consumer choice and limiting the scope of alternative business models, the Competition Bureau of Canada has reportedly concluded after wrapping up a two-year investigation and issuing proposed remedies to a trade association.

The Bureau wants the Canadian Real Estate Association (CREA) — Canada’s version of the National Association of Realtors — to drop a rule that prevents Realtors from placing for-sale listings in the national Multiple Listing Service (MLS) system without providing other services, CREA President Dale Ripplinger said in an Oct. 29 letter to members.

Ripplinger said Canadian regulators also want CREA to drop a rule that prohibits listing the seller’s name and contact information in the public remarks section of the MLS or on Realtor.ca, the Canadian equivalent of Realtor.com.