Tag: FICOM
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B.C. real estate leader warns Christy Clark to use care in crackdown on ‘shadow flipping’
The head of Vancouver’s real estate board has contacted Premier Christy Clark to express “concern” at her recent promise to crack down on the...
B.C. government moves to end shadow flipping
The B.C. government is moving to outlaw what the Premier calls the “greedy’ and “shady” practice of so-called shadow flipping in residential real estate.
The...
Broker association writes letter to FICOM
Mortgage Professionals Canada penned a letter to FICOM and in it exposed problems with the regulator’s proposed compensation requirement.
The national association argues there are...
Real-estate panel chair says David Eby’s FINTRAC allegations will be part of the review
Earlier this month, a new term entered B.C.’s real-estate lexicon.
Shadow flipping, in which a contract to purchase a home is sold multiple times, unbeknownst...
B.C. real estate council names panel to investigate ‘shadow flipping’
The Real Estate Council of British Columbia has named the members of an independent advisory group that will investigate the practice of shadow flipping...
