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.

Fallout from new mortgage rules is mostly a thing of the past for BC real estate

Posted on Sep 14, 2018


So much for tougher mortgage rules biting into buyer demand in BC’s housing market. That’s mostly a thing of the past, at least so far as the British Columbia Real Estate Association (BCREA) is concerned. 

“The downturn in housing demand induced by the mortgage stress-test is now largely behind us,” says Cameron Muir, BCREA’s Chief Economist, in a s...

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Cher Lists Tudor home for $2.499m

Posted on Jul 23, 2018



https://www.mansionglobal.com/articles/cher-lists-tudor-revival-home-in-los-angeles-for-2-499-million-103641

The home features a rustic timber facade typical of Tudor-era cottages in the English countryside—though this Southern California home was built in 1957 and was recently remodeled, the listing says.

She bought the home through a private trust...

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March 2018 Market Update Video

Posted on Apr 01, 2018

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REAL ESTATE STATS - December 2017

Posted on Jan 02, 2018

Steady sales and diminished listings characterize 2017 for the Metro Vancouver housing market

After reaching record levels in 2015 and 2016, Metro Vancouver home sales returned to more historically normal levels in 2017. Home listings, on the other hand, came in several thousand units below typical activity. The Real Estate Board of Greater Vancouve...

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Metro Vancouver continues to experience above-average demand and below-average supply

Posted on Dec 05, 2017 in Housing Market Report

Metro Vancouver* saw modest home listing changes and steady demand in November.The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,795 in November 2017, a 26.2 per cent increase from the 2,214 sales recorded in November 2016, and a 7.5 per cent decrease compared to October 2017 when 3,022...

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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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