Members are advised that the Competition Bureau is investigating two of CREA’s rules and policies:
- Rules requiring that a listing member offer some level of compensation to the co-operating (buyer) member; and
- The REALTOR® Cooperation Policy, which requires members to list a property on an MLS® System once the property has been publicly marketed.
It’s important to note that at this stage, the Bureau has not reached any determinations or conclusions about either of the areas under investigation. The REALTOR® Cooperation Policy, which came into effect at the beginning of 2024, remains in force.
For more information, please read eMemo #4303.
Read CREA’s response to the investigation here.