A cost-of-living increase to member dues and MLS® fees will take effect in January 2023.

Most of the changes are based on inflationary trends measured by the Consumer Price Index (CPI) for Metro Vancouver. The annual CPI increase in Vancouver for 2021 was 2.7 per cent.

Other flat fee increases are happening for services that haven't seen fee increases in over 10 years. You can see what's changing below. 

  2022 before GST 2023 before GST 2023 increase Last increased
REBGV Member Dues $688 $707 $19 Annually
Monthly MLS® Fixed Transaction Fee $76 $78 $2 Annually
MLS® End Fee (Selling price $1 - $100,000) $113 $116 $3 Annually
MLS® End Fee (Selling price greater than $100,000)
$226 $232 $6 Annually
Listing Processing Fee $35 $40 $5 2008
Office Administrator Fee $90 $120 $30 2011
Unlicensed Assistant Fee $180 $240 $60 2011

 

REBGV’s funding model accounts for incremental inflation that occurs over time, including regular, but modest, annual cost of living increases.

This model is intended to help us avoid the more disruptive cycle of introducing larger member fee increases after prolonged periods of no change while providing you with the world-class tools and services you need.