MLS® News

The cornerstone of this policy is that when a property is publicly marketed, REALTORS® must submit the listing to an MLS® System within three (3) days, unless an exemption applies.

The Real Estate Council of Ontario (RECO) and The REALTOR® Code, Article 11, set clear guidelines for REALTORS® regarding personal trades and property interests. Registrants must act in the best interests of all parties when they are personally involved in a transaction, including all actions that could be perceived as misleading or unfair.

Stand out and stay consistent with the new Branding Centre in Matrix™. Easily showcase your logo, headshot, and brand colours across Matrix™ emails, OneHome, and the Prospects app — all in one place.

Great news! The PropTx MLS® system now allows you to enhance your REALTOR.ca profile by adding a bio and social media links.

Customizing your searches in REALM™ just got better. Now you can search for a property even quicker with new column sets, and within each column set, you can streamline your filters even further.

LSTAR strongly encourages the use of Supra Lockboxes among all our members. LSTAR members are not obligated to use mechanical lockboxes at the request of a lawyer for closing purposes or at the request of a non-LSTAR member who does not wish to obtain Supra access. 

Although entering a Property Identification Number (PIN) in PropTx is currently optional, providing accurate data is still crucial and mandatory.  Accuracy is essential to maintaining the integrity of MLS® data and upholding professional standards.  Submitting “0” for a property that has a PIN violates MLS® rules and disrupts property history, as the PIN is key for linking listings. We recognize that some properties may not have a PIN. PropTx is reviewing validation rules to ensure these types of listings are properly recorded. 

Last month, the REALTOR® Cooperation Policy came into force, putting into effect the new “Duty of Cooperation” in Article 30 of the REALTOR® Code. To help address REALTOR® Members' concerns, CREA has updated the Frequently Asked Questions found at CREA.ca/REALTORCooperation.
 

Widely used by REALTORS®, lockboxes are convenient tools for facilitating property showings. However, the use of lockboxes doesn’t come without risks. To ensure a smooth process and maintain your seller’s confidence, here are a few "Best Practices" for lockbox usage.

In February 2021, CREA established a REALTOR® Cooperation Working Group made up of CREA Staff and Executive Officers from various boards and associations across the country. The group was tasked with a review of the issues surrounding cooperation in the industry and solutions that could help address them.