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How battle over MLS rules could cut real estate fees

The Globe and Mail MARTIN OESER Published February 8, 2010 This article was published more than 10 years ago. Some information in it may no longer be current. Today s top stories from Report on Business : Competition Bureau challenges MLS rules The Competition Bureau is trying to strike down rules governing the multiple listing service, or MLS, system that s used by most home sellers to list their properties. The MLS system includes information available only to members of the Canadian Real Estate Association, which is too restrictive, the bureau said in a statement today. The regulator also wants consumers to be able to pay a fee to list homes without being obliged to take a host of other services, which could lower the MLS fees, and negotiate property sales without using an agent. The bureau has filed an application to the Competition Tribunal, which will decide the matter. The watchdog said it attempted to strike a deal with CREA, but that failed and it will now seek to ki

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