BCREA Welcomes Recommendations to Increase Consumer Protection
Vancouver, BC – June 29, 2016. Recommendations from the Real Estate Council of British Columbia’s Independent Advisory Group (IAG) are a welcome step in increasing consumer protection in real estate transactions.
"We look forward to working with our member boards and the Real Estate Council to discuss how best to implement the recommendations in the IAG’s report where we can play a role,” says British Columbia Real Estate Association (BCREA) President Deanna Horn. “REALTORS® take great pride in their profession and adhere to high standards of practice. We are eager to do all we can to ensure that our clients are represented professionally and ethically during real estate transactions."
The IAG recommendations cover four areas of focus: transparency and ethics; compliance and consequences; governance and structure; and licensee and public education. Most require implementation by the Real Estate Council and some will require working with BCREA and our member boards.
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To read the full Report of the Independent Advisory Group on Conduct and Practices in the Real Estate Industry in BC, click here.
BCREA is the professional association for over 20,000 REALTORS® in BC, focusing on provincial issues that impact real estate. Working with the province's 11 real estate boards, BCREA provides continuing professional education, advocacy, economic research and standard forms to help REALTORS® provide value for their clients.
To demonstrate the profession's commitment to improving Quality of Life in BC communities, BCREA supports policies that help ensure economic vitality, provide housing opportunities, preserve the environment, protect property owners and build better communities with good schools and safe neighbourhoods.
For more information, please contact:
|Damian Stathonikos |
|Director of Communications and Public Affairs |
|Direct: 604.742.2793 |
|Email: [email protected] |
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