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The bureau initially launched the probe in 2024, specializing in whether or not the Canadian Actual Property Affiliation’s guidelines discourage realtors from providing decrease fee charges or have an effect on competitors in different methods.
The scope of the investigation additionally included the query of whether or not CREA’s agent co-operation coverage makes it more durable for various itemizing companies to compete with the main gamers or offers bigger brokerages an unfair benefit over smaller ones.
The bureau says it’s widening the investigation to find out how Vancouver’s actual property board enforces fee guidelines, together with whether or not such insurance policies discourage patrons’ brokers from competing by providing decrease fee charges or various pricing fashions.
The bureau additionally seeks to look at whether or not such guidelines encourage “steering,” a apply the place brokers are motivated to nudge patrons towards properties that provide greater commissions.
The Federal Courtroom order requires Larger Vancouver Realtors to provide data and data related to the bureau’s investigation, which has not led to a conclusion of wrongdoing right now.
The board’s CEO Jeff King mentioned Larger Vancouver Realtors “takes its competitors regulation obligations severely” and is absolutely co-operating with the bureau.
“We’re dedicated as a corporation to following the letter of our authorized and regulatory obligations and to demonstrating that our practices and enterprise operations replicate this dedication over time,” King mentioned in an announcement.
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Canadian real estate association competition bureau crea Greater Vancouver Realtors Jeff King real esate The Canadian Press vancouver
Final modified: February 22, 2026
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