The Federal Court of Appeal is expected to rule on Friday in a case between Canada's Competition Bureau and the Toronto Real Estate Board (TREB). Under current rules, a prospective buyer or seller must work with a TREB-licensed agent in order to get access to detailed data. TREB argues they need to be the gate-keepers for housing sale data, telling the court in submissions that it's concerned about privacy issues if detailed information about real estate was available more freely. Agent commissions 'out of step with the times'"The type of commissions that real estate agents have been charging is out of step with the times," Khatri said in an interview. But regardless of what happens, Friday's ruling likely won't be the end of the story.
Source: CBC News December 01, 2017 09:56 UTC