BC amalgamation decision comes in

by REP07 Dec 2016
The proposal to amalgamate British Columbia’s six real estate boards didn’t garner enough support to move forward.

“The proposal to amalgamate six real estate boards and the BC Real Estate Association (BCREA) into a new single organization, called Realtors of BC, was not supported by members and will not be moving forward,” the British Columbia Real Estate Association said in a bulletin Wednesday.

The vote took place on December 6; in order for amalgamation to move forward, a minimum of four real estate boards consisting of 15,000 members were required to vote in favour.

Only three voted “yes” and none reached the required member threshold, according to the BCREA.

“Despite the result, the proposal elicited incredible member engagement. Members turned out to vote in unprecedented numbers and over 67 per cent of realtors from participating boards voted in favour,” the association said.

The association expressed its disappointment with the decision.

“This was a historic moment for our profession in BC, one that could have set the course to build a different future,” Deanna Horn, president of the BCREA, said. “While members ultimately did not support this proposal, we now have incredible data and insight about our current structure, as well as the challenges and opportunities we face.”

The result may be somewhat unsurprising to some.

Only 43% of BC realtors said they would vote in favour, according to a past REP poll.
 

COMMENTS

  • by VIREB 40+YRS 12/7/2016 3:50:06 PM

    I'm a LONG time Realtor and this idea was deemed to fail, once the Realtors of the Province became aware that for over a year, the so-called insiders, were having behind closed door meetings. Hiding from their members what they were doing. Openness, could have made a difference. They never disclosed to US, what money they sent flitting around the Province, conger ring up these plans. Their first clue should have been, when they could only get 6 Boards to participate. I could go on, but, I'll close with the old adage, IF IT AIN'T BROKE, DON'T TRY TO FIX IT.

  • by voted yes - less than 50 years 12/7/2016 4:32:22 PM

    In the words of Hilary Clinton, this was supported by the popular vote of over 50%. However, it was not fully supported by the 75% needed to fulfill the requirement needed by some boards to amalgamate. There will always be those who cannot visualize the long view that change is important for we are in an ever changing world. But each year they drive the latest model BMWs, Lexus, and Mercedes and not horse and buggies. They use IPADs and Iphones, DocuSign and IdentiSign. They elect representatives but want to micromange their recommended decisions. Like western gun slingers, they have drawn guns, slain some enemies and innocents, have travelled to the saloon, drank fully but no longer are able shoot straight through their bleary eyes. Meanwhile the West changes and future generations will too soon forget the legends.

  • by Fred Gorley Royal LePage Prince George 12/7/2016 4:53:31 PM

    I can only speak to the results in the BC Northern Real Estate Board. I am an active member of this board and have been continously for over 27 years. I am not actively involved in the day to date operations of the board. Those members that are actively involved worked tirelessly and very openly to move this initiative forward for I believe the benefit of all Realtors and the provincial organization.

    It is my understanding that BCNREB did reach a majority vote in favor of Realtor's of BC which attests to the effort put forth by both board staff and those hard working individuals who volunteer their time on behalf of all members opposed or not to improve our profession.

    Given the geographic size of our board and the logistics of coordinating an undertaking like this makes the achievement even more remarkable. They deserve our thanks and appreciation for a job well done.

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