Tuesday, March 23, 2010

CREA Changes rules on MLS

Just saw some links from REIN (Real Estate Investment Network) about the new changes CREA (Canadian Real Estate Association) have made to the MLS (Multiple Listing Service) because of the competition bureau breathing down there neck.



What I would love as a buyer is to be able to data mine the MLS... most of these links are talking about sellers and listing on their own to save fees. As a buyer I want to be able to manipulate the data and figure out things like comparable sales (what did units that are comparable to what I want to buy selling for)... trends in prices (are people paying a lot under asking, mostly around asking or starting to pay 10's of thousands over asking... can see if market is getting over-inflated or is starting to take off)

Anyways just thought some of you might be interested in what the experts thought of the CREA suggested changes.

No comments:

Post a Comment