Quote:
Originally Posted by Winsor_Pilates
That's messed up!
I've never heard of listing the same property multiple times at once; don't even understand how that is possible??
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They have a bunch of real estate boards in one metropolis. So if you were selling a house you might list it on the Toronto Real Estate Board's MLS, the Mississauga Real Estate Board's MLS, etc.
Then, when it's marked sold on each version of MLS, its counted multiple times in the national statistics roll up. They argue that doesn't matter because multiple listings also improve availability.
All of this is of course ridiculous, there's no reason they couldn't filter out multiple properties with the same address/sales price from the sold numbers.