The Real Estate Council of British Columbia has named the members of an independent advisory group that will investigate the practice of shadow flipping that became the subject of controversy earlier this month.
Shadow flipping is the practice of selling a property several times by reassigning the sales contracts before their closing date. The price of the home goes up each time. Details of the practice were revealed in a Globe and Mail investigation earlier this month.
CBC News – February 22, 2016.
Want More Investigative Content?
