The end of dual agency in BC - December Market Minute


BC is set to become the first province in Canada to ban the practice of dual agency in all but a very specific set of circumstances. As of June 15, 2018, a single Realtor will no longer be able to represent both the buyer AND the seller during a single real estate transaction.

I believe the elimination of dual agency is overdue. When I’m selling a client’s home, it’s long been my policy to refer potential buyers to a separate buyers’ agent. This lets my sellers know that my top priority is to get them the most money possible for their home.

Even before this new rule comes into effect, you’re able to insist that the Realtor you’re choosing to represent you not engage in dual agency. Reputable agents will happily comply with your request.

If you’re still unsure about dual agency, call or text me with any questions. I’m always happy to share my experience, no strings attached.

Tony Browton - TrueBlueRealty.ca
Re/Max Top Performers
Phone: 604-886-3760
Mobile: 604-418-2695
Fax: 604-886-3760
Toll Free: 1-800-986-2670

SOURCES

https://www2.gov.bc.ca/gov/content/governments/organizational-structure/ministries-organizations/central-government-agencies/office-of-the-superintendent-of-real-estate/news