Implementation of New Rules Moved to June 15, 2018
This message is being sent to all BC REALTORS®.
Vancouver, BC – February 9, 2018. Today, BCREA and the 11 real estate boards received a letter from the Superintendent of Real Estate moving the implementation of the new rules on limited dual agency and disclosure from March 15, 2018 to June 15, 2018.
Thank you to the more than 3,700 REALTORS® who have sent letters to MLAs so far. Your voice is important in supporting our advocacy efforts with the government.
There are still questions about dual recusal. The Superintendent has said he will "create new rules to address how licencees should manage conflicts of interest involving competing clients so that they can continue to represent a party to the transaction." You can see his letter here.
We will meet with the Superintendent as soon as possible to discuss those rules and how to find a solution that works for consumers and the industry.
Please continue to share your concerns with your MLAs by sending a letter here.
BCREA is the professional association for about 22,000 REALTORS® in BC, focusing on provincial issues that impact real estate. Working with the province's 11 real estate boards, BCREA provides continuing professional education, advocacy, economic research and standard forms to help REALTORS® provide value for their clients.
To demonstrate the profession's commitment to improving Quality of Life in BC communities, BCREA supports policies that help ensure economic vitality, provide housing opportunities, preserve the environment, protect property owners and build better communities with good schools and safe neighbourhoods.
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