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OPINION: Ontario’s real estate boards must evolve or step aside

For years, Ontario’s real estate boards were the gatekeepers. Need MLS access? You joined the local board—no questions, no choices. But that’s history. Today, with most Ontario boards subscribing to PropTx, MLS services are no longer region-locked. Instead, the majority of Ontario Realtors are or will be soon, operating on the same shared MLS platform. 

 

Shared MLS access redefines membership value

 

This shift fundamentally changes the equation: the core value every board used to offer—exclusive MLS access—is now a standard feature across (most of) the province. So the question becomes: what else do boards offer, and is it worth the price? If boards want to keep members, they’ll need to bring something new to the table. They have to compete.

This competition should mean better pricing, improved services and tangible value. And it’s not just Realtors who will benefit; brokerages can too. In a standardized MLS world, brokerages now have the option to choose boards that best match their cost and service priorities, creating material savings for their agents. This choice gives brokerages a new edge in recruitment, allowing them to align with boards that deliver the best return on dues. In a market as tight as Ontario’s, this competitive choice is a recruiting advantage that’s as valuable as it is overdue.

 

Power through choice

 

But competition also empowers individual members. Not happy with the direction of your board? Feeling like your concerns are ignored, or that your dues aren’t delivering value? You no longer need to wait for quorum or for your brokerage to make the call—you can vote with your feet. The ability to choose a board that better aligns with your priorities creates a new level of accountability and responsiveness that was unheard of under the old system.

At the same time, this level of choice exposes the weaknesses in the current multi-board structure. Despite the increased pressure to compete, many boards are doubling down on costly mergers and amalgamations that fail to deliver meaningful improvements in service or value. If the goal is to provide better options for members, shouldn’t these efforts focus on addressing redundancies and inefficiencies at their roots?

And here’s the issue: despite the shifting landscape, only one board in Ontario seems truly prepared to compete at scale—TRREB. That is to say that there is likely not a board in Ontario that can offer competitive pricing even if all that is offered is the most basic of services. If most boards aren’t in the game to win, why are they spending valuable resources on mergers and amalgamations that won’t increase their competitiveness? At what point do realtors have the right to ask: where’s my money going, and why isn’t my board focused on delivering more value? 

 

Mergers without meaningful results

 

When I have this discussion with clients—whether broker/owners or franchise corporate offices—I’m often met with concerns that autonomy or culture is at stake, that a merger risks “losing the board’s unique character.” But let’s be clear: mergers and acquisitions are meant to add value, not size. If you’re a member of OnePoint, Central Lakes or any of the Eastern Ontario Boards, it’s fair to ask—what value is being added by these changes? Are these amalgamations truly making boards more competitive, is your dollar stretching any further when it comes to providing you value in your real estate business or are they just merging to delay the inevitable? Without measurable improvements, these mergers are little more than costly reorganizations, creating larger, equally uncompetitive boards that fail to meet members’ evolving needs. 

The concerns around autonomy and culture aren’t unique to large mergers; these challenges arise in smaller amalgamations, too. Boards are pouring resources into combining forces without a meaningful plan to compete on a broader scale, leading to expensive exercises that result in larger, but still uncompetitive, boards. If these mergers aren’t driving efficiencies, improving services or creating real value, they’re ultimately a waste of members’ dues.

 

The case for a single-board model

 

In the for-profit world, mergers are strategic, and designed to increase efficiency, expand market reach, or add unique capabilities. Successful acquisitions often preserve the best parts of a company’s culture and structure—consider Berkshire Hathaway, which buys companies but allows them to retain significant independence, or Disney’s acquisition of Pixar, where cultural preservation was a priority. These models thrive because they combine strengths without losing what made each company valuable in the first place. Ontario’s boards could—and should—take a page from these playbooks, focusing on creating competitive value and preserving unique benefits instead of just merging for the sake of consolidation.

If mergers aren’t solving the core issues—redundancy, inefficiency, and lack of value for members—it’s worth asking if there’s a better way forward. Rather than continuing to consolidate small, struggling boards into larger but still inefficient entities, consider a fundamentally different approach: moving toward a single-board model.

Provinces like Nova Scotia, Saskatchewan, Newfoundland and PEI have demonstrated the benefits of unified governance. A single, consolidated board eliminates duplicative costs and invests resources directly into what matters most for members—training, advocacy, and technology. This structure creates a streamlined system that serves the entire province’s interests while maintaining local insights and autonomy where it counts.

 

The business of boards and a call for accountability 

 

With one board, Ontario realtors could also overcome challenges tied to vote distribution and representation. Consider last year’s ORWP vote through OREA—a win that left many members questioning how the outcome was reached. A system incorporating referendum tools could have provided a broader and more equitable resolution. Unified governance simplifies decision-making, ensuring every member has a clear and equal voice in shaping the industry’s future.

The shift toward competition places a new and necessary responsibility on associations: they must operate efficiently. Just as businesses must streamline operations to stay competitive, boards must be prepared to deliver greater value and service—faster, smarter, and with a focus on real results. The boards that can’t meet this standard will inevitably be left behind, while those that embrace this challenge set a new bar for value and relevance in the industry.

Ultimately, organized real estate is a business. Realtors owe a fiduciary duty to clients, and our boards should behave no differently. Why should realtors accept less from their boards than they give to their clients? Realtors deserve boards that focus on tangible value, evolving to meet real needs rather than clinging to outdated structures or protecting internal interests.

Ontario’s real estate boards are at a crossroads. Realtors and brokerages deserve value, transparency, and innovation—not outdated systems. It’s time for boards to compete, consolidate or step aside for a streamlined provincial model that better serves its members.

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