Real estate agents warned by TREB about posting inaccurate home sale prices.

Original article via Globe and Mail. Click here to read.

The Toronto Real Estate Board has issued a stern warning to agents not to enter “inaccurate sold prices” of a real estate transaction into the multiple listing system, even if their clients are concerned about privacy.

The warning came one day after a number of Toronto real estate professionals began circulating a screenshot on Twitter that showed an MLS listing that claimed a house priced at $3.1-million had been sold for $1.

“I suspect they’re just trying to hide the sale price,” wrote Realosophy president John Pasalis, though many other commenters had wild theories (suspecting everything from money laundering to bitcoin).

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