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Midwest Canada Minute - May 08, 2011
The Game is Changing  
It took a financial crisis, labor disruption, and some significant rule changes to make professional hockey the game it is today - faster, fan friendly, and with most teams, more lucrative.  One of the results of the more "open ice" was the showcasing the talent of skilled players, rather than the clutch and grab that had gradually slowed down the game.
So let's examine some of the factors that have the potential to significantly change organized real estate, starting with the recent agreement between the Canadian Real Estate Association (CREA) and the federal government's Competition Bureau.  Several decades ago, brokerages did not cooperate with each other as they do today under the Multiple Listing Service.  If a brokerage took on the contractual responsibility of selling a property for an owner, or "listing", it could expect to also represent the buyer.  But not all buyers wanted to work with the same brokerage that the seller had chosen, and out of that evolved a new system, MLS, that enabled "cooperating brokerages" in the same province to share commission for the respective efforts they put in when facilitating a successful trade.
However, a new generation of self-directed sellers emerged wanting ... more

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