Torontorealestatesold.com: ‘We will be back’

Torontorealestatesold.com: ‘We will be back’

Torontorealestatesold.com: ‘We will be back’ The website that shares Toronto’s sold data with subscribers was temporarily suspended earlier this month. The matter will now be settled in court.

“As many of you know, this is yet another chapter in a saga that has been going on for a decade. It started 2007 when, in conjunction with Bell Canada, I launched the first VOW website in Canada,” Fraser Beach, the agent who runs the website torontorealestatesold.com, wrote in a letter to subscribers Friday. “Although that venture did not end well, it started a revolution that has changed how most Canadians access real estate market information

“In the intervening years, millions of dollars have been expended on legal fees and court cost to bring a resolution to the issues involved in disseminating listing data,” he continued. “The principal proponent of the cause to bring openness and transparency to the real estate marketplace has been my lawyer and friend Lawrence Dale.”

The final chapter in the sold data story, writes Beach, will be written by Canada’s Federal Court of Appeal in the case Toronto Real Estate Board v. Commissioner of Competition.

The appeal is scheduled for December 5 and 6 in Toronto.

Earlier this month, Beach was forced to suspend the website following a cease and desist letter from the Toronto Real Estate Board’s legal counsel.

This isn’t the first time the website has been taken down. A similar letter from TREB in March of last year resulted in a temporary suspension as well.
 
4 Comments
  • Martha Smith 2016-09-30 11:46:38 AM
    Stop fighting the Real Estate Board
    Post a reply
  • DB 2016-09-30 11:47:32 AM
    My assumption is that you have to be a subscriber to your website that means your charging to access or earning money. TREB is the authority and does not receive any money from you other than board dues. So in effect you are third party profiteering from all the other members in the board. Sounds to me like your reselling another businesses information. Good luck on winning that one.
    Post a reply
  • Ron Butler 2016-09-30 12:03:55 PM
    I always find it interesting that some realtors despise the idea of providing the public with easy digital access to the information in the TREB database. I get that they paid to build and maintain the database so their needs to be some kind of cost to access it but why does it need to be a secret? Once the deal closes it becomes public record on Terraview anyway, so what's the big deal? Oh wait, maybe widespread easy to use info might lead to more commission reduction, nah, that could not be it.
    Post a reply