Federal Court of Appeal Clears Path for Class Action Lawsuit Against CREA, TRREB, and Major Brokerages Over Buyer Brokerage Commissions
OTTAWA — A high-stakes proposed class action challenging the traditional methods by which buyer brokerage commissions are negotiated and paid across Canada has successfully cleared yet another critical legal hurdle.…
Ontario Real Estate Council Launches New Comprehensive Financial Reporting Regime for Brokerages
Ontario’s approximately 3,800 real estate brokerages are facing a significant shift in how they report their financial health to their regulator. Beginning today, all brokerages across the province are officially…