Close X
Thursday, January 16, 2025
ADVT 
National

B.C. Real Estate Advisory Group Looking Into Predatory Sales Practices

The Canadian Press, 16 Mar, 2016 01:20 PM
    VANCOUVER — An advisory group looking into the practices of British Columbia real estate agents will examine whether the current rules are protecting consumers and public confidence.
     
    Terms of reference for the group, chaired by Superintendent of Real Estate Carolyn Rogers, were released Tuesday.
     
    The document shows that the group will look into the current rules that have caused concern among potential buyers and sellers, including misleading advertising, coercive or predatory sales practices, and the assignment of contracts.
     
    The eight-person group will also look at how the rules are administered, and what the requirements and professional standards are for licensed realtors throughout the province.
     
    The Real Estate Council of B.C. announced last month that it would create a body to look into allegations of conduct by some B.C. realtors, including the exploitation of a clause that allows a contract to be resold multiple times before a property deal closes, driving up prices and commissions.
     
    The advisory group is scheduled to provide an interim report to the Real Estate Council of B.C. by April 8, and a full report with recommendations is expected by the end of May.

    MORE National ARTICLES

    Toronto Stock Exchange Plummets As Oil Falls Below US $28 A Barrel

    Toronto Stock Exchange Plummets As Oil Falls Below US $28 A Barrel
    The S&P/TSX composite index was down 301.69 points or 2.4 per cent at 12,233.71 in mid-afternoon trading Tuesday.

    Toronto Stock Exchange Plummets As Oil Falls Below US $28 A Barrel

    Bail Hearing Taking Place In Montreal For Alleged Pedophiles

    Bail Hearing Taking Place In Montreal For Alleged Pedophiles
    MONTREAL — A bail hearing is taking place in Montreal today for seven of the 14 men charged in an alleged juvenile pornography ring.

    Bail Hearing Taking Place In Montreal For Alleged Pedophiles

    Trying To Catch A Child Killer: RCMP Conduct Huge DNA Sweep In Northern Manitoba

    Trying To Catch A Child Killer: RCMP Conduct Huge DNA Sweep In Northern Manitoba
    Teresa Robinson's remains were found in May by searchers on the Garden Hill First Nation in northern Manitoba. It was initially thought she had been attacked by a bear, but police soon ruled the death homicide.

    Trying To Catch A Child Killer: RCMP Conduct Huge DNA Sweep In Northern Manitoba

    RCMP Say Most Recommendations From Report On Moncton Shootings Completed

    RCMP Say Most Recommendations From Report On Moncton Shootings Completed
    It's been just over a year since the force accepted all 64 recommendations in a report by retired assistant commissioner Alphonse MacNeil.

    RCMP Say Most Recommendations From Report On Moncton Shootings Completed

    CP Rail Abandons Threat Of Proxy Battle In Adjusting Norfolk Takeover Strategy

    CP Rail Abandons Threat Of Proxy Battle In Adjusting Norfolk Takeover Strategy
    MONTREAL — Canadian Pacific Railway is asking Norfolk Southern shareholders to push the U.S. railway's board to enter into merger negotiations.

    CP Rail Abandons Threat Of Proxy Battle In Adjusting Norfolk Takeover Strategy

    Short Cut Goes Wrong For Family Rescued Out Of Bounds Near Kamloops Ski Resort

    Short Cut Goes Wrong For Family Rescued Out Of Bounds Near Kamloops Ski Resort
    A family of six had to be rescued from avalanche terrain Monday after they skied out of bounds at the Sun Peaks Resort north of Kamloops

    Short Cut Goes Wrong For Family Rescued Out Of Bounds Near Kamloops Ski Resort