Government Policy
Tuesday, January 03, 2023
Two new regulations affecting BC’s real estate market went into effect with the start of the new year earlier this week. Here’s the key information you need to know. (1 minute read)
Government Policy
Tuesday, October 25, 2022
Get ready for the ban on foreign buyers and the cooling off period. (2 minute read)
Government Policy
Thursday, August 18, 2022
The cooling-off period will fundamentally change the way real estate contracts will work according to real estate lawyer Michael Drouillard. Watch a recording of his webinar to find out more. (1:30:49 video)
Legislation
Wednesday, August 03, 2022
Starting January 1, 2023 home buyers can back out of a residential purchase up to three business days after signing a contract. (3 minute read)
Ethics Guy®
Thursday, July 14, 2022
What happens when a frustrated buyer instructs their agent to write offers on more than one property, when their intention is to buy only one of them? (5 minute read)
Government Advocacy
Wednesday, June 29, 2022
Learn more about our advocacy work and recommendations we made on the proposed cooling off period and improving housing supply. (2 minute read)
Legislation
Thursday, May 05, 2022
The government passed enabling legislation for a cooling off period, allowing buyers to back out of a deal after a contract is signed within a now undetermined amount of time. (2 minute read)
Government Advocacy
Thursday, March 03, 2022
To protect home buyers, BCREA with the support of its provincial boards drafted a white paper with 30 recommendations aimed at improving market conditions - but how does it compare to the BC government's proposal? (2 minute read)
Wednesday, December 15, 2021
Learn more about BCFSA's consultation process regarding proposed cooling-off legislation. (2 minute read)