MLS/Competition Bureau battle
School of Urban and Regional Planning Professor John Andrew is available to discuss the Canadian Real Estate Association’s battle with the Competition Bureau over the Multiple Listing Service.
“The Canadian Real Estate Association’s largely monopolistic use of its MLS has run its course, and is no longer appropriate for this evolving industry and the state of modern communications technology,” says Professor Andrew. “Regardless of the Competition Tribunal’s upcoming ruling, CREA should follow the lead of its U.S. counterpart and make all of the MLS data freely and widely available, and restructure the way in which home sellers and their agents pay for the service. Otherwise, a national competitor will quickly emerge and outcompete with MLS. This could threaten the very existence of CREA as a professional membership body. CREA must now adapt to technological changes or risk being rendered irrelevant.”
Professor Andrew’s consulting, research, and teaching focus on three key aspects of commercial real estate: financial analysis, environmental issues and collaborative decision making. He is also the director of Queen’s University’s Executive Seminars on Corporate & Investment Real Estate.
To arrange an interview, please contact Michael Onesi at 613.533.6000 ext. 77513 or email@example.com, or Kristyn Wallace at 613.533.6000 ext. 79173 or firstname.lastname@example.org at News and Media Services, Queen’s University.