So you may have heard that the Toronto Real Estate Board (TREB) has lost its appeal against the Competition Bureau regarding releasing sold data to the public. And my understanding is that they will be appealing again...sigh. It could take another year before we have a decision again & that's very frustrating for both consumers & forward thinking REALTORS®.
A few thoughts on this:
- A REALTOR®'s value is NOT in being the gatekeeper for the sold data, our value is interpreting that data & educating consumers to help them make informed decisions. Taking the raw data & determining how it applies to a property that is to be bought or sold is the difference between success or failure for our clients.