Open Data: Real Estate Bill McMullin ViewPoint.

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Presentation transcript:

Open Data: Real Estate Bill McMullin ViewPoint

ViewPoint Background Technology driven real estate, mortgage and insurance services provider ViewPoint.ca: comprehensive real estate portal Detailed property and listing information, updated in near real-time Extensive sales and listing history information Integration of a wide range of datasets from public and private sources Site is primary business driver, provides continuous source of leads Only available in Nova Scotia due to data access restrictions

ViewPoint “big data” by the numbers 275,000 registered users (NS real estate market is 10,000 tx a year) 6 million visits to the site annually, 120 million pageviews, 3 million hours 720,000 public property records updated monthly 620,000 assessment records, 2008 to present 726,000 listing records, 2000 to present 5 billion records of user activity

Issues with “open data” What’s personal, private or public Inconsistent access and use policy and legislation Licensing costs and/or usage restrictions Privatization of public data Sourcing from multiple levels of government Lack of data standards Irrational fear of custodians or authoritative sources

Competition Case History & Update Commission of Competition vs Toronto Real Estate Board Action commenced in 2011 At issue: TREB’s policy limiting access to MLS data by its members Sequence: 2011 application by Competition Bureau 2012 Competition Tribunal hearing 2012 CT dismisses case on basis error in law 2012 CB appeals dismissal to Federal Court of Appeal 2012 FCA overturns CT decision, directs CT to decide case on its merits 2015 CT reconsideration hearing 2016 CT issues scathing 170 page decision, directs TREB to make data available to members 2016 TREB appeals decision to Federal Court of Appeal, stay granted 2017 FCA issues notice on Oct 11, 2017 that decision will be released on Nov 3 2018 Losing party seeks leave to appeal to Supreme Court of Canada??

Competition Case History & Update Commission of Competition vs Toronto Real Estate Board Action commenced in 2011 At issue: TREB’s policy limiting access to MLS data by its members Sequence: 2011 application by Competition Bureau 2012 Competition Tribunal hearing 2012 CT dismisses case on basis error in law 2012 CB appeals dismissal to Federal Court of Appeal 2012 FCA overturns CT decision, directs CT to decide case on its merits 2015 CT reconsideration hearing 2016 CT issues scathing 170 page decision, directs TREB to make data available to members 2016 TREB appeals decision to Federal Court of Appeal, stay granted 2017 FCA issues notice on Oct 11, 2017 that decision will be released on Nov 3 2018 Losing party seeks leave to appeal to Supreme Court of Canada??