87% Voted YES

On March 22, 2010 CREA voted and 87% voted, YES, to the changes presented regarding the MLS system (see previous post for more details).

Although, Melanie Aitken the Commissioner of Competition still isn’t satisfied, saying, “These amendments amount to a blank cheque allowing CREA and its members to create rules that could have even greater anti-competitive consequences.”

This Thursday is the deadline for CREA to submit to the Tribunal a response to the Bureau’s accusations.  We’ll have to wait and see if they agree or disagree that these changes satisfy the Bureau’s issues.

Watch Realty Boost for an update later this week!

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