Canadian real estate boards put national association on notice

The real estate boards of Montreal and Quebec City have formally put the Canadian Real Estate Association on notice that they will leave the trade group at the end of the year unless it fulfills a list of demands.

These demands include: a review of CREA expenses; the ability to opt out of the national data distribution system; and a call for more a la carte services for members who use few of the tools CREA offers, REM reported.

Recent changes to the national code of ethics are also a concern, and the Quebec City board also opposes Realtor.ca showing for-sale-by-owner properties through brokers who do not hold a licence in Quebec.

Patrick Juanéda, president of the Greater Montreal Real Estate Board (GMREB), said members would be consulted by vote as to whether or not to stay in CREA.

CREA exec Randall McCauley said the trade group is ready to meet with the Montreal and Quebec City boards prior to CREA’s special annual general meeting on Oct. 29.

Source: REMonline.com