REBGV and regulations

Change, intention, and effect

Posted on Jul 27, 2018 in REBGV and regulations

A SIGNIFICANT CHANGE

Prior to June 15th a REALTOR® could represent both the seller and the buyer or more than one buyer in a real estate transaction. With the change in rules, this is no longer permitted (except in remote and underserved communities) and has had a significant impact on providing real estate services in BC.

The rule change is intende...

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New rules that affect you if you are buying or selling a home

Posted on Jul 14, 2018 in REBGV and regulations

New rules can change the relationship you have with your REALTOR®.

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New Real Estate Council of BC Regulations in Effect

Posted on Jun 17, 2018 in REBGV and regulations

Effective 15 June 2018, The Real Estate Council of BC (RECBC) introduced new regulations governing the provision of real estate services to the public.
These new regulations are intended to:
• Prohibit the practice of ‘Dual Agency’ (where a single REALTOR® represents both the buyer and the seller in a real estate transaction), except in a very narro...

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