Vancouver, BC, March 19, 2020 – As the situation with COVID-19 in BC continues to evolve rapidly, many real estate consumers have questions or concerns. Whether buying, selling, renting, leasing, or living in a strata complex, it is important for consumers to consider how the risks associated with COVID-19 may impact them. They should have meaningful discussions with their real estate professionals in order to understand their options and make informed decisions to reduce the risks of exposure and potential transmission of COVID-19.
RECBC has prepared comprehensive information along with useful guidance and tools for both real estate professionals and consumers that can be found on our website: COVID-19 and Real Estate Services.
We strongly encourage consumers to discuss their concerns about COVID-19 with their real estate professional. These discussions may include considering alternatives to in-person property viewings, open houses and strata council meetings (if allowable) in order to mitigate risks. British Columbians have been directed to maintain social or physical distancing to slow the transmission of COVID-19. Showing or viewing properties at this time, or participating in any in-person strata meetings, may put themselves or others at risk.
We are committed to keeping real estate professionals and consumers informed and up-to-date on how government recommendations regarding COVID-19 may impact real estate transactions and services, including rental property management and strata management services.
Because COVID-19 can pose greater risks to some individuals more than others, conversations with real estate professionals should be ongoing and reflect each individual’s circumstances. This includes buyers, sellers, tenants, landlords, strata owners and any real estate professionals assisting in a transaction or providing management services.
We encourage real estate professionals and consumers to work together to “flatten the curve” and slow the spread of this disease, by maintaining social distancing, engaging in open and transparent communication and making informed decisions about real estate transactions.
RECBC is a regulatory agency established by the provincial government. Its mandate is to protect the public by enforcing the licensing and licensee conduct requirements of the Real Estate Services Act.
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