We are no longer offering future CPD courses as SREC has a new education provider. If you are looking to take the 2018/2019 CPD course, it will become available at a later date through the new provider. Please contact SREC if you have any questions.
Association of Saskatchewan REALTORS® Online Learning Centre
Before purchasing this program, students will be required to accept the "Terms and Conditions of Use".
I Agree to the ASR CPD Terms and Conditions of Use (view)
REALTORS® need to know about Competition Law
Other REALTORS® are competitors – cooperation has limits
Competition law affects marketing, social media, and advertising
Boards & Associations need to know about Competition Law:
What can and cannot be discussed in meetings
How industry dominance can be misused
Discussing rebates and discounts with another REALTOR® when negotiating a specific transaction is part of closing the deal.
Discussing commission rates, discounts, or rebates with other REALTORS® in your area to "set the going rate" violates Section 45 of the Competition Act. It is a criminal offence for two or more competitors to set prices for providing services.
Making a sales performance claim – Number 1 REALTOR® – may violate the Competition Act. Advertising claims must be based on "an adequate and proper test." According to Article 15 of the REALTOR® Code, you must include the time frame, source, and geographical area to back up any claim. Including these facts in your ad will help you pass the test.