Fraser Valley – The British Columbia Real Estate Association (BCREA) has invited BC Realtors to tell the government how the ban on limited dual agency (LDA) has impacted them through an online survey. The survey closes on Tuesday, November 27 at 5 pm.
Since the ban on LDA came into effect as part of the Rule changes on June 15, BCREA has heard many stories from commercial realtors and realtors working in smaller communities about how the ban has hurt both them and their clients.
Working with BC’s 11 regional real estate boards, BCREA has brought these concerns to the government and now the government wants to learn more. Following BCREA’s recent lobbying conference in Victoria, Government Liaison Days, the government has asked the industry to provide them with more information and specific examples of how the ban on LDA is hurting consumers and realtors.
According to the BCREA’s release, the feedback will be used to inform the government about the unintended consequences of the ban. While it’s unlikely that the ban on LDA will be lifted, there is a willingness to revisit aspects of the ban.