Will Realtor Commissions Plumet if MLS Sales Data Goes Public? A recent outcome with the Toronto Real Estate Board that has required them to release MLS sales data to the public could bring the same fate to Vancouver. Realtors are no longer the gate keepers of information, so will Realtor commissions plummet? So what do I think, will Realtor commissions plummet? The quick answer is no. But let me elaborate on that before you get all bent out of shape. One could argue that releasing the sales data to the public will effectively diminish the role of the average Realtor. They key word here is average. The commodity agent, you know, a portion of the 12,000 Realtors licensed with the Real Estate Board of Greater Vancouver. Here’s the thing, if a Realtor has built his business on being the gate keeper of information aka the MLS then they will lose. If they provide no other value then simply being a middle man of information such as the listings and the sales data then they are in trouble. They will be forced to cut their commissions because they’re a commodity and cutting commissions to get business is a race to the