Comments on: Federal Competition Bureau investigates CREA’s rules over potentially inflated commission rates

By: Agnes Maing

Agnes Maing — Wed, 02 Oct 2024 16:23:51 +0000

That is right! By not paying the OREA health insurance fee (which OREA claims that the premium is Due), you lost all access to all those competitive edge you listed here. This means the realtor will lose competitiveness in marketing non-MLS listings. Yet CREA supported OREA by introducing another Form for realtors to fill out! Further more CREA introduced the 3-day rule for new listings. OREA’s practice is protected by CREA’s Three-Way-Agreement. It is time to investigate into the validity of the Three-Way-Agreement, and introduce Federal legislation to govern the behavior of CREA and OREA leadership – a legislation that is the equivalent of TRESA in order to restore public TRUST and confidence in these organizations!

By: John daniel

John daniel — Wed, 02 Oct 2024 13:26:41 +0000

This has aleady happened in the USA.
It only a matter of time.
Just like what OREA did to its members forcing them to take a manditory health plan and if not taking their rights as a listing agent.
So if you dont pay their insurance you have to give up their board including
…$25,000 cridical care insurance
… Life insurance
… Free courses and upgrades
… My mls services
My brokerage
My right to do open houses
My right to represent family, friends and past cliens selling there personal real estate.
My right to the use of MLS for my clients.
My right to market for sellers listings
The right to real estate forms
The right to belong to CREA.
MY RIGHT TO DO REAL ESTATE AS I KNEW IT FOR THE PAST 35 YEARS

All lost To a “failed politician” as the leader of OREA, who after he created this mess left OREA an association that WE have paid into FOR THOSE 35 years along with all fees paid into our board, brokerage, CREA AND THE LIST GOES ON.

By: Don Hewie

Don Hewie — Mon, 30 Sep 2024 15:51:48 +0000

In my view, the recent CREA regulations, along with the new provisions under the Ontario Trust in Real Estate Act, may have contributed to the decline of alternative real estate business models such as Comfree/PurpleBricks and others.

By: Daniel Beauchamp

Daniel Beauchamp — Mon, 30 Sep 2024 14:40:02 +0000

So it seems if we all charge the same for commission to sales office, it’s collusion. If we charge different rates then some properties are seemingly favored…

By: Mark my Words

Mark my Words — Mon, 30 Sep 2024 14:28:13 +0000

CREA will certainly lose on the anti-consumer co-operation policy brought about by bad governance. The same bad governance now trying to turn realtor.ca into NAR of the north.