Eby slams real estate probe

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The Canadian Press

From the article:

The housing critic for British Columbia’s Opposition New Democrats is questioning plans for an investigation into allegations of unethical and fraudulent practices by some real estate agents in Metro Vancouver.

David Eby says the Real Estate Council of B.C. should not lead the probe into a practice where agents allegedly flip homes multiple times before a closing date, adding hundreds of thousands to the final sale price.

He says the council, which regulates licensed agents in the province, has failed to do its job of investigating Realtors and the public needs assurances the probe will be independent.

The council announced Monday that it would appoint an advisory group to investigate and report back with recommendations within two months.

Earlier Monday, Eby called for an arm’s-length inquiry.

Read the full article here: http://www.castanet.net/news/BC/158107/Eby-slams-real-estate-probe