When referring clients to other professionals like mortgage brokers or lawyers, REALTORS® should do so carefully and skillfully to avoid legal or regulatory issues.
Posts tagged with “BC Financial Services Authority (BCFSA)”
The BC real estate sector is adapting to climate risks, focusing on disclosure steps for REALTORS® and their clients, learn all about them.
Explore the impact of the Short-Term Rental Accommodations Act and its implications for REALTORS®, buyers, and sellers.
The BC Financial Services Authority (BCFSA) is introducing new rules for real estate teams, following the Minister of Finance’s consent to amend the Real Estate Services Rules.
Despite good intentions, there are limits to how far a REALTOR® should go to help a colleague when it comes to business collaborations and opportunities.
After reviewing the BCFSA consumer protection recommendations published on May 26, the BCREA urges the Ministry of Finance to carefully consider the next steps prior to implementing any of the measures proposed.
This year was full of significant changes for the real estate sector in BC. Here’s a recap of significant actions and interventions by the BC Government this year.
The BC Government’s recent announcement introducing a “cooling off period” has resulted in significant confusion and uncertainty both within the sector and amongst the public.
A review of the most recent discipline decisions of the BC Financial Services Authority suggests that we will start to see the impact of these increased penalty limits.
This special episode features three guests who help us get a better understanding of the BC Government’s recent announcement introducing consumer protections measures for real estate transactions in BC.
The BCFSA expects that the new regulatory model, which will be organized functionally with departments overseeing the entire financial sector, will come into effect this summer.
BCREA CEO Darlene Hyde and Chief Economist Brendon Ogmundson appeared before the Cullen Commission of Inquiry into Money Laundering on February 17.
BCREA welcomes the BC Financial Services Authority’s interim findings on the unprecedented rise in strata insurance premiums and deductions…