{"id":178363,"date":"2018-03-15T08:00:18","date_gmt":"2018-03-15T12:00:18","guid":{"rendered":"https:\/\/www.livabl.com\/articles\/?p=178363"},"modified":"2018-03-15T12:24:07","modified_gmt":"2018-03-15T16:24:07","slug":"treb-fighting-keep-mls-data-private-heres-industry-players-disagree","status":"publish","type":"post","link":"https:\/\/www.livabl.com\/articles\/archives\/treb-fighting-keep-mls-data-private-heres-industry-players-disagree","title":{"rendered":"TREB is fighting to keep MLS data private \u2014 here&#8217;s why these industry players disagree"},"content":{"rendered":"<h4 id='pressboard-ad-sponsorship-tag' style='margin-bottom: 35px;'><\/h4><p><a href=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2018\/03\/JPbombales-1673-compressed.jpg\" rel=\"lightbox[178363]\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-178364\" src=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2018\/03\/JPbombales-1673-compressed-1024x684.jpg\" alt=\"\" width=\"1024\" height=\"684\" \/><\/a><\/p>\n<p><em>Photo: James Bomabales<\/em><\/p>\n<p>A years-long fight to keep GTA sales data from becoming fully public is about to come to an end \u2014 and according to some industry experts, it could revolutionize how buyers look for a home.<\/p>\n<p>The Toronto Real Estate Board (TREB) has been fighting to keep data from its Multiple Listings Service (MLS) private ever since 2011, when the Competition Bureau sued it for restricting the ways its member agents could release MLS sales data.<\/p>\n<p>In December, the Federal Court of Appeals upheld a lower court decision ordering that the data be made public, which led TREB to appeal the decision to the Supreme Court of Canada.<\/p>\n\n<p>In a recent press release, TREB CEO John DiMichele writes that, \u201cTREB remains committed to its belief that [releasing the data] would violate consumer privacy laws, reduce the quality of the system, and diminish protection for consumers.\u201d<\/p>\n<p>But what could be gained by making the data public?<\/p>\n<p>\u201cOur stance has always been that real estate professionals should be advisors, not gatekeepers,\u201d Zoocasa managing editor Penelope Graham tells BuzzBuzzNews. \u201cI know the concern is that once [detailed sales data] becomes public, it lowers the value of working with a realtor, but this kind of information has been available in the US for years, and we haven\u2019t seen it diminish the role of realtors there at all.\u201d<\/p>\n<p>It\u2019s a sentiment shared by John Pasalis, president of Realosophy Realty. \u201cThe thing is that this isn\u2019t really private information,\u201d he tells BuzzBuzzNews. \u201cThis is information you can get by going to the land registry \u2014 it\u2019s just currently more difficult to access it.\u201d<\/p>\n<p>Pasalis says that if the information was to become public it would give businesses like his an opportunity to provide buyers with a more detailed picture of the market.<\/p>\n<div class=\"see-more-link\"><img decoding=\"async\" alt=\"See Also\" src=\"https:\/\/www.livabl.com\/articles\/wp-content\/themes\/livabl\/images\/see-also-cta-icon.svg\"\/>\r\n          <strong><span>SEE ALSO:<\/span><a href=\"https:\/\/www.livabl.com\/articles\/2018\/03\/home-price-index-shows-new-mortgage-rules-causing-serious-slump-gta-housing-market.html\"  area-label=\"This home price index shows how new mortgage rules are causing a serious slump in the GTA housing market\">This home price index shows how new mortgage rules are causing a serious slump in the GTA housing market<\/a><\/strong>\r\n        <\/div>\n<p>\u201cMany people are scraping this information together on their own, by going to different websites,\u201d he says. \u201cWhen it becomes public it will allow us to help with the process of analysing this data.\u201d<\/p>\n<p>Graham says that Zoocasa won\u2019t be launching any new services until the Supreme Court makes it decision, but that the \u201ctech is there\u201d once they get the greenlight.<\/p>\n<p>\u201cWhen this data becomes available we think it\u2019s going to be a really exciting time,\u201d she says. \u201cWe are ready to provide our customers with new data-driven services.\u201d<\/p>\n<p>Pasalis says he\u2019ll be holding off as well. \u201cWe\u2019re probably not going to do anything right now until this is all pretty much done,\u201d he says. \u201cBut we do have plans for when that happens.\u201d<\/p>\n<div id='pressboard-ad-sponsorship-msg'><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Toronto Real Estate Board (TREB) has been fighting to keep data from its Multiple Listings Service (MLS) private ever since 2011, when the Competition Bureau sued it for restricting the ways its member agents could release MLS sales data.<\/p>\n","protected":false},"author":31,"featured_media":178364,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","apple_news_api_created_at":"2018-03-15T12:00:28Z","apple_news_api_id":"dfdb0ffe-bbe6-4878-bebf-0926e2270d90","apple_news_api_modified_at":"2018-03-15T16:24:10Z","apple_news_api_revision":"AAAAAAAAAAAAAAAAAAAAAQ==","apple_news_api_share_url":"https:\/\/apple.news\/A39sP_rvmSHi-vwkm4icNkA","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"middle","apple_news_slug":"","apple_news_sections":["https:\/\/u48r14.digitalhub.com\/sections\/09b86915-7d2b-3acd-915b-b215002d01b7"],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[11269],"tags":[],"coauthors":[9678],"apple_news_notices":[],"yoast_head":"<!-- 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