Understanding the Privacy Notice Form BC

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.
Why doesn't the Realtor need to sign the form? 
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.

GUIDE TO DOING BUSINESS IN CANADA: REAL ESTATE & URBAN DEVELOPMENT

Posted on May 02, 2021

Real estate & urban development


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...

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The Multiple Listing Contract, Real Estate in British Columbia 

Posted on Apr 10, 2021 in SELLERS

The Listing Contract legally defines your arrangement with the brokerage and, in accordance with the Real Estate Rules, it must contain:
The Multiple Listing Contract, Real Estate in British Columbia
  •    your name and the name of the brokerage that you have chosen to work with;
  •    the address of the property you are selling;
  •    the effective date of the agreement;
  •    the date the agreement expires;
  • a general description of ser...

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Unauthorized Accommodations/Secondary Suites ... Read before you Buy.  

Posted on Apr 09, 2021 in BUYERS

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. 
Unauthorized Accommodations/Secondary Suites ... Read before you Buy. www.lolaoduwole.com

Secondary suites provide affordable, ground-oriented rental housing and contribute to the amount and diversity of housing available in the city...

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March 2021 Housing Report 

Posted on Apr 06, 2021 in Housing Market Report

"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...

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Get In Touch

Lola Oduwole

AHOM Realty Group

2300-2850 Shaughnessy St  Port Coquitlam,  BC  V3C 6K5 

Phone: BC: 604.809.6317 / ONT: 289 .439.5472

lolaoduwole@yahoo.ca

Office Info

AHOM Realty Group

2300-2850 Shaughnessy St  Port Coquitlam,  BC  V3C 6K5 

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