So far, this is just in Toronto, but it was widely seen as a test case for the rest of Canada.
http://www.cbc.ca/news/business/treb...unal-1.3570431
This will open up the market to a variety of services that operate at lower fee structures than traditional real estate agents, including online-only brokerages.
Suspect over time, we will see the number of real estate agents drop, and only a small number of very strong individuals will thrive, while the bottom and middle of the market is taken over by newer business models.
Thoughts? Is this a big deal?