BC privacy laws require that anyone collecting another person's personal information must have a reasonable purpose for doing so. This purpose must be disclosed and explicit consent must be obtained before collecting, using and sharing another person's personal information. Personal information means any identifiable information about a person, and may include his/her name, address, phone number or financial information. When it comes to real estate, personal information may also include information about someone's property (such as listing and selling price, lease rate, listing term, etc.).
BCREA developed the Privacy Notice and Consent form as a tool to make it easier for REALTORS® to disclose why and how they will gather personal information from a consumer. Since privacy laws dictate that consumers must be told - and consent to - how their personal information will be used before this information is collected, REALTORS® should provide the Privacy Notice and Consent form in advance of receiving/collecting personal information through other forms like a Multiple Listing Contract or Contract of Purchase and Sale.
Is it only the consumers that need to date it when they sign it or is the Realtor expected to date it as well when they complete it?
The Privacy Notice and Consent form is meant to provide disclosure to and gain consent from a consumer regarding the collection, use and disclosure of the consumer's personal information. The consumer is required to sign and date the form as evidence that the disclosure has been made and the consumer has consented to the Realtor using the consumer's personal information. The name of the designated agent and the brokerage should be included in the form as the person receiving the consent, but the Realtor does not need to sign or date the form.
Real estate is a broad category that covers buying, selling, developing, leasing and financing across a wide range of sectors
- from mining, forestry, and oil and gas to light-to-heavy industrial, commercial, residential, recreational, retail, office, condominiums, subdivisions, urban development, brownfields and mixed...
Mortgage Helpers. There's quite a bit of demand these days for additional income to help reduce the costs of mortgage expenses so a lot of buyers are looking for properties with rental or Secondary suites.
Secondary suites provide affordable, ground-oriented rental housing and contribute to the amount and diversity of housing available in the city...
"In March, residents bought and listed homes across our region at levels not seen before. This surge in activity is increasing upward pressure on prices. We’re beginning to see double-digit price gains for single-family homes and townhomes over the last 12 months." Taylor Biggar, REBGV Chair
Last month’s sales were 72.2 per cent above the 10-year Mar...