The Greater Vancouver Realtors is the largest, and only the third, real estate board in Canada to make sold listings available on Realtor.ca. In the interests of transparency, the GVR now shows: (1) sold listings that are searchable, (2) sold listings that include both “closed” and “pending” sales, and (3) sale prices, 30 days after the closing date.
Up to 72 per cent of buyers say transparency is a key part of their decision-making process, and GVR is one of the real estate boards responding to that demand.
The Canadian Real Estate Association pointed out the importance of buyers and sellers having this kind of transparency:
“It provides a more intuitive and consistent experience for users. It helps maintain continuity in status transitions—for example, if a user views a listing as 'Active Under Contract' one day and later sees it as 'Sold-Pending,' they can clearly understand when that change occurred.”
Adds the GVR:
“This is more than a system update — it’s a shift that empowers clients and elevates realtors as the most trusted voices in the marketplace.”
The change is now in effect.