BREAKING | BC Real Estate Cooling Off Period Report Released

1. First the BC Government announced a cooling off period in residential re-sale real estate.
2. Then BCREA (the realtors) then released their recommendations or opposition to the proposal.
3. Next the Government then passed it into law... with no defined law, just a blank cheque.
4. Now, the BCFSA (the governing body of real estate) has released its report and recommendations to the law makers.

In this live stream video, Surrey REALTOR® Steve Karrasch of Macdonald Realty, covers the report and give his opinion about it.

Link to the BCFSA: https://www.bcfsa.ca/about-us/news/news-release/bcfsa-delivers-report-focused-on-enhancing-consumer-protection-bcs-real-estate-market

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The opinions expressed herein are solely that of Steve Karrasch PREC and not Macdonald Realty or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.