As real estate lawsuits shake up industry, B.C. impact remains uncertain

Two North American court cases are taking the real estate industry to task over commissions paid out to Realtors.

A proposed class-action lawsuit filed in January alleges that the Canadian Real Estate Association , alongside dozens of provincial and local real estate groups “conspired, agreed or arranged with each other to fix, maintain, increase or control the price for the supply of buyer brokerage services for residential real estate.”

"Canada however, is a different country with a differing legal and business framework than the US. As the CREA has indicated, they deem the case in Canada to be without merit," he said in an email to BIV. When it comes to whether or not the CREA lawsuit will result in lower home prices, Davidoff said that it may not be the case.

پاکستان تازہ ترین خبریں, پاکستان عنوانات

Similar News:آپ اس سے ملتی جلتی خبریں بھی پڑھ سکتے ہیں جو ہم نے دوسرے خبروں کے ذرائع سے جمع کی ہیں۔

As real estate lawsuits shake up industry, B.C. impact remains uncertainA proposed class-action lawsuit alleges price-fixing by the CREA and other real estate groups.
ذریعہ: BurnabyNOW_News - 🏆 14. / 77 مزید پڑھ »

Five things to watch for in the Canadian business world in the coming week:TORONTO — Five things to watch for in the Canadian business world in the coming week: Home sales The Canadian Real Estate Association is expected to release February home sales figures on Monday. CREA's figures for January showed sales were up 3.
ذریعہ: SooToday - 🏆 8. / 85 مزید پڑھ »