B.C. real estate industry stripped of self-regulation in wake of damning report

July 1, 2016 8:14 pm

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Premier Christy Clark stripped self-regulation from the B.C. real estate industry a day after the release of a damning report from an Independent Advisory Group (IAG) that found the Real Estate Council of BC “does not effectively deter misconduct and unethical behavior” by real estate agents.

“After reading the report, our conclusion is that the privilege of self-regulation in the real estate industry must end,” Clark told a Vancouver press conference June 28.

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