Comments on: The NAR settlement and its far-reaching implications: What does it mean for the Canadian industry? https://realestatemagazine.ca/the-nar-settlement-and-its-far-reaching-implications-what-does-it-mean-for-the-canadian-industry/ Canada’s premier magazine for real estate professionals. Mon, 25 Mar 2024 21:50:17 +0000 hourly 1 https://wordpress.org/?v=6.6.2 By: Andrew S. https://realestatemagazine.ca/the-nar-settlement-and-its-far-reaching-implications-what-does-it-mean-for-the-canadian-industry/#comment-13920 Mon, 25 Mar 2024 21:50:17 +0000 https://realestatemagazine.ca/?p=29628#comment-13920 Thank you very much and I couldn’t agree more. It seems that most media outlets enjoy the opportunity for a sensational headline but once again how little they truly understand the industry. In the U.S. I have seen media outlets literally endorsing multiple representation which is the opposite of what many have wanted here. Also it appears these people have zero grasp of the simple economic principle of supply and demand. No Virginia removing 2.5% of commission will not result in a price drop of 30%!!

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