The Toronto
actual estate Board is appealing a ruling by way of the competition Tribunal
that would permit the board’s realtor individuals to submit sales facts online.
The actual estate board says the tribunal “erred in truth
and law” whilst it dominated that TREB’s practices lessened competition.
The board’s policy averted realtors from posting offered
information from its multiple list service (MLS) online.
TREB says it helps opposition amongst its forty five,000
realtor individuals however the policy become meant to shield the privateness
of purchasers’ private economic data.
The board has implemented for a stay that could delay the
Aug. three closing date for complying with the tribunal’s order till the appeal
is resolved.
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