Calgary realtors concerned over potential CREB merger

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Calgary realtors concerned over potential CREB merger yyc yycbiz

Many agents have lack of understanding around merger’s details, realtors say

Havre works with many realtors in the city and has talked with them about the merger and said there is a general lack of understanding about it among agents. Those comments were echoed by Zacher, who was also concerned with the low threshold required for approval on March 15. The vote requires a quorum of 50 people to be valid and two-thirds support for the merger to proceed.

He pointed to what CREB would be giving up in that transaction from a developmental and facility standpoint. He would rather see the organization hold on to the CREB office and lease out underused parts of the facility.

 

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CREB considers merger with AREA to improve real estate efficienciesThe Calgary Real Estate Board is considering a potential merger with the Alberta Real Estate Association. It will vote on March 15.
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