The Québec Federation of Real Estate Boards (QFREB) protects and defends the interests of the real estate brokers in Québec. In this regard, 2016 was a particularly fruitful year.
I am very satisfied with the work that has been accomplished within our Federation. Together, we have agreed on the strategic orientations that have allowed us to define our mission and vision. We now have a stronger identity around which we can unite our efforts.
A Key Issue
Being better organized, more proactive and having a stronger sense of teamwork are all the more important given that we are engaged in an issue that is crucial to the future of our profession: the revision of the Real Estate Brokerage Act (REBA).
In a well-coordinated effort, the Federation and its members have recently taken further steps to raise awareness with stakeholders and policy makers on the need to clarify the definition of an “act of brokerage” by including the concept of consulting services.
It is fundamental that the rules and responsibilities associated with an act of brokerage be equally applicable to everyone, whether it be “real estate coaches” or real estate brokers whose profession is regulated by the Organisme d’autoréglementation du courtage immobilier du Québec (OACIQ). It is a matter of fairness to real estate brokers, who are subject to strict requirements and must perform certain duties. It’s also about protecting clients. Consumers must clearly understand the risks they face when dealing with a real estate coach.
The Superior Court authorized the QFREB to file a class-action suit against DuProprio for false or misleading advertisements. Subsequently, we successfully challenged DuProprio’s application to appeal this authorization. Our class-action lawsuit can therefore proceed. This suit is important not only to end DuProprio’s misleading and unfair advertising but also to demonstrate that one cannot denigrate the profession or trivialize the protection it provides the public.
The Supreme Court dismissed the appeal from DuProprio to block OACIQ’s motion for declaratory judgment to have DuProprio brought within the scope of REBA. Our Federation can therefore maintain its application to intervene with the Superior Court to defend the interests of its members in this matter.
The Federation has made significant gains and advances in 2016. However, we still have much to accomplish, such as modernizing our rules of governance.
The fundamental objective is clear: ensure that the QFREB and its boards, according to their respective roles, can better help brokers to grow and gain market share. There is no doubt that we will continue to focus on this objective.
Patrick Juanéda, President