January 2023 Market Update

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Whistler Real Estate Market ROI

January’s Whistler real estate market is on the edge of transitioning from a balanced market to a seller’s market. With so few sales, on average 35/month over the past 6 months, it has been difficult to determine market value in each segment. With the busiest time of the year just over, we now wait to see where the market value is going to land.

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Home Buyer Rescission Period

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What is the Home Buyer Recission Period?

The Home Buyer Rescission Period was developed by the British Columbia Financial Services Authority (BCFSA). The BCFSA is the governing body for BC real estate agents. The HBRP was implemented in response to the multiple offer situations in 2020-2022. During that frenzy, buyers were writing overpriced offers with no subjects, and then upon acceptance of their offer, regret set in as there was no “easy” way out of the transaction. The HBRP is also known as a non-negotiable, “cooling off period”.

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