Mitchell says Zoocasa hasn't written off sending out sold information in the future, but prefers to wait for the outcome of an upcoming Competition Bureau hearing. "TREB will continue to work to protect the personal information entrusted to it and its REALTOR® members." The board did not directly answer our question.īut CEO John DiMichele said in an email that "TREB has agreements and rules in place, but more importantly, there are laws and regulations … that apply with which TREB and REALTOR® Members must comply." Whether we were within our rights or not to provide that information, we'll keep to ourselves," says Zoocasa's broker of record, Darryl Mitchell.ĬBC News asked TREB if brokers who register users and send out sales information by email are breaking the rules. "We will always work within whatever the regulatory requirements are and in this case TREB says not to do it. The virtual real estate company, owned by Rogers Communications, will not resume its service, emailing thousands of registered users information of recently sold homes. Zoocasa, however, appears to have a different interpretation of TREB's letter. Mamourian plans to continue his service later this month after he fine-tunes some of the details. The big difference with us is people are asking us for the information and we are manually sending it to them just like we would any of our clients." "TREB has serious issues with people publishing this information online. Now, after doing his research, Mamourian says he's confident he's in the clear because, like Beach, he sends his information via email to registered users. The broker says he originally shut it down this week because he wanted to ensure the company wasn't violating any rules. "Everybody was saying how sad they were to see it go."Īra Mamourian with SpringRealty also plans to resume his weekly home sales emails to hundreds of customers. He says when he cut off access, he received many unhappy emails from customers. "You're doing it for your own purposes, which means it's 'internal' and it's 'exclusive' because it excludes anyone who isn't registered," says the owner of Select/Plan Real Estate.īeach added that public outcry also motivated him to restart his service. When broker Fraser Beach axed customers' access to sales prices on Monday, he informed them, "Stay tuned … We will be back."īy Thursday, the broker had resumed his service.Įven though he's distributing daily home sales information to almost 30,000 subscribers, Beach has concluded his service is "compliant" because customers must register to receive the information by email. In a letter sent to brokers last month, TREB told them "to ensure that the database is only used for your exclusive and internal use." It also threatened to cut off access to all database information to any broker that didn't abide by its rules. But Canada's largest real estate board maintains that realtors cannot widely distribute the information over the internet because of privacy issues. TREB gives agents access to recent final homes sales prices that they can offer to their personal clients. Toronto detached home price now averages over $1M It's just the latest development in an ongoing war over the traditional industry's monopoly on vital real estate information. They say they've concluded they're breaking no rules in doling out the coveted information about what homes are selling for in the city.
Two of the three brokers who shut down their online service this week after receiving a threatening letter from the Toronto Real Estate Board have decided to get back in the game.
She is committed to providing the highest services to her customers and clients.Those Torontonians cut off from receiving their regular dose of home sales stats will get a welcome fix in their inbox. Miss Apasri has many years as a Marketing Sales Executive. She is well versed in the valuation process and analysis of property and land.
Miss Apasri is a member of the ASEAN Real Estate Network Alliance (ARENA), the Thai Real Estate Business School (TREBS) and The National Association of REALTORS ®. Apasri Phongchaiyong is a Real Estate Agent with Winner Estate in Bangkok Thailand.
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