A class action lawsuit filed at Toronto's Federal Court of Canada which alleges price-fixing realtor commission rates in the, came after the Toronto resident paid a five per cent commission rate following the sale of his home in August 2020.
In the class action lawsuit, Sunderland alleges that buyer brokerages fix their commission rates at 2.5 per cent or higher, with sellers who offer low commission rates seeing fewer potential buyers. Many of the nation's largest brokerages are named in the lawsuit, including Royal LePage, Century 21, Sutton Group Realty, Remax, IproRealty Ltd., as well as the
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Class action against Toronto real estate industry over commissions gets green lightFederal Court has granted approval for a class-action lawsuit alleging price-fixing and anti-competitive practices
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Class action against Toronto real estate industry over commissions gets green lightFederal Court grants approval for a class\u002Daction lawsuit alleging price\u002Dfixing to proceed against the GTA real estate industry. Read on.
Source: fpinvesting - 🏆 43. / 63 Read more »
Class action against Toronto real estate industry over commissions gets green lightFederal Court grants approval for a class\u002Daction lawsuit alleging price\u002Dfixing to proceed against the GTA real estate industry. Read on.
Source: financialpost - 🏆 7. / 85 Read more »
Class action lawsuit against Toronto real estate industry over commissions proceedsA class action lawsuit filed at Toronto's Federal Court of Canada which alleges price-fixing realtor commission rates in the GTA real estate indust...
Source: blogTO - 🏆 44. / 63 Read more »