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Real estate board stifling innovation: lawyer

2015-09-22 23:46:58| Real Estate - Topix.net

A lawyer for the Competition Bureau says the Toronto Real Estate Board is stifling digital innovation and lessening competition by prohibiting its realtor members from posting an array of data on their websites - including what homes have sold for. John Rook, a lawyer representing the bureau, says the real estate board is standing between consumers and the data because it fears competition from online startups could spark a price war and lead to lower commissions for its member real estate agents.

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