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Cornwall and District Real Estate Board celebrates 50th

Published on November 19, 2009
Published on February 6, 2010
Topics :
Cornwall and District Real Estate Board , Multiple Listing Service , Photo Co-Op System , Cornwall , Canada , Quebec

The Cornwall and District Real Estate Board incorporated in November of 1959 making this year the 50th anniversary. The Board has grown to a membership of approximately 180 and covers a large area including the city of Cornwall and the counties of Stormont, Prescott, Glengarry and part of Dundas. It is uniquely situated next to the Quebec and the USA borders, with the scenic St. Lawrence River running along the south and the Ottawa River along the north.

Organized real estate in Canada is almost as old as the country itself. The very first real estate board was set up in 1888 in Vancouver. More than half of the existing real estate boards in Canada were created after 1955, in part because of the evolution of the “Photo Co-Op System” introduced in 1951. That was the forerunner of today’s MLS® introduced in 1962. The Co-op System then created a need for an organization to establish rules and promote cooperation among agents. That’s when the technology first changed the real estate industry.

The Cornwall and District Real Estate Board is a non-profit organization established initially for the operation of the Multiple Listing Service®. Today, through the Canadian Real Estate Association, MLS® systems provide data for display on either the residential properties website realtor.ca or the commercial properties version icx.ca. Although operating the MLS® system still remains the primary function of the Board, its role has expanded to helping REALTORS® with tools and information they need in order to perform their jobs. Real estate boards provide their members with education, standardized forms, arbitration services, trademark protection, a legal forum, information and technology services and resources. Boards strive to develop a positive public image of REALTORS® and the real estate industry as a whole. Boards also lobby local, provincial and federal governments on real estate-related issues in order to ensure local industry representation.

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