March 31, 2021 – Emerging Issues in a Hot Market

On Wednesday, March 31, we hosted a panel discussion with Samantha Gale, CEO, Canadian Mortgage Brokers Association BC and Bruce McCoubrey, Professional Standards Advisor, Real Estate Council of BC. Our panelists discussed some of the emerging trends resulting from the state of the housing market, including multiple and subject-free offers, as well as offer guidance for brokers for managing risks during the current climate. BCREA Vice President of Government and Stakeholder Relations Trevor Hargreaves moderated this panel discussion. 

  • Session slide deck (RECBC)
  • Follow-up question:
    • Question posed to Council: “Did you say there is NO statue of limitations on how long after a transaction a complaint or lawsuit can be issued? I understand it could happen a few years later but I thought it was 7 years was a limitation? Is this not true?”
    • Answer: The complaint process is set out here:

File a Real Estate Sales Complaint | RECBC

  • You’ll see that before a consumer considers filing a complaint we ask them to do the following:
    • Discuss the concern with the professional.
    • If the matter is still not resolved, discuss the concern with the managing broker in charge of the brokerage.
    • If the managing broker is not able to resolve the matter to your satisfaction, consider contacting an RECBC Professional Standards Advisor. They can provide information about the services to expect from real estate professionals and answer questions about real estate transactions.

There is no time limit in regards to filing a complaint with us, so a person is able to file a complaint many years after the incident has occurred.

January 18, 2023 – Foreign Buyer Ban with CREA and AUTOPROP

On Wednesday, January 18, we were joined by CREA who discussed the Foreign Buyer Ban. While information is still being made available from the government, CREA talked about what they know and how they continue to seek information from the government to learn more. We were also joined by Charlsy Dobel, Product Portfolio Manager, myLTSA, who demonstrated the mapping feature in AUTOPROP.

The views expressed in these presentations are those of the speakers and do not reflect the views of BCREA or its member boards. Please note, the content of these presentations was current as of the date of each session and we cannot guarantee the accuracy of information provided in past sessions.