The TREB announcement, made on Friday, comes a month after the Competition Bureau updated its lawsuit against the Toronto board by saying password protected sites are still anti-competitive and discriminatory.
TREB said the updated lawsuit wasn’t going to change its stance, filing a response rejecting the latest update.
“TREB is committed to upholding the quality of the MLS system, while protecting the privacy and other rights of consumers who list and purchase their homes in the Greater Toronto real estate market,” said Toronto Real Estate Board President Richard Silver.
After the initial announcement of a Competition Bureau lawsuit, the TREB has said it is developing a Virtual Office Website (VOW) for Realtors. This website will be password-protected that will allow consumers working with Realtors to search and display MLS listing data.
The competition commissioner called on the TREB to release private data about individual consumers openly on the Internet, including sale price and histories, as well as personal contacts.
Silver said the commissioner is “unnecessary posturing and publicity.”
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