BC's cooling off period doesn't matter: June 2022 market update

Описание: BC's soon-to-be-implemented cooling off period is designed to give would-be homebuyers an escape hatch if they make an offer on a home, only to then suffer from buyer's remorse. It's anticipated that this cooling off period will apply to real estate transactions on the Sunshine Coast, BC. This is a well intentioned, if mistimed piece of legislation. The overheated real estate market that inspired the cooling period will likely cool before it's enacted, thus making the legislation unneeded.

In this June 2022 market update, Realtor Tony Browton explains whether the Sunshine Coast is a sellers' market, a buyers' market, or a balanced market. Tony also provides advice to local Sunshine Coast homeowners that are considering selling this summer.

Tony Browton - Personal Real Estate Corporation⁠
604-418-2695
https://www.TrueBlueRealty.ca⁠
RE/MAX City Realty (Gibsons)⁠

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VIDEO BY:
Burnt Boat Media - Gibsons, BC
Real estate photos and videos on the Sunshine Coast, BC
https://www.burntboat.media/contact

MUSIC:
Money by Chantry Smith: VUWKFBUCHSD22DQA

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🔷🔷 VIDEO CHAPTERS 🔷🔷
00:00 - Is BC's cooling period good or bad?
00:47 - Is buyers' remorse real?
02:48 - What rules will Tony suggest implementing?
05:31 - Similarities between BC's and Australia's cooling off periods
06:30 - Recent transplants moving back to Vancouver
08:22 - Sunshine Coast real estate market is cooling
11:13 - Advice for Sunshine Coast sellers
12:28 - Sellers accepting the cooling market
14:05 - Upcoming June listings
15:33 - Sign up for Tony's newsletter