Canadian Real Estate Group To Loosen Listing Rules

Law360, New York (October 25, 2010, 1:12 PM EDT) -- The Canadian Real Estate Association has agreed to liberalize its property listing rules to make sure consumers can choose what services they want from real estate agents, settling claims from Canada's antitrust watchdog that the group discriminated against agents who agreed to provide limited services.

CREA's members ratified the consent agreement Saturday, bringing an end to the Competition Bureau's three-year probe of the group's rules for real estate agents who list residential properties through its multiple listing service system.

The regulator contended that CREA's rules discriminated...
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