
"Cooling Off Period" in BC Real Estate
11/24/21 • 35 min
New legislation is being proposed in British Columbia in an effort to protect buyers by allowing them to back out of an offer with little to no legal consequences.
Denny and Monica break down what the “cooling off period” is and discuss openly how they see it impacting buyers and sellers.
This episode will focus on the different processes of buying new construction versus resale properties, the impact of working with a trusted realtor in this industry, the importance of due diligence with subject-free offers, and the possibility of deception and fraud increasing in real estate with this new legislature.
Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel
Email us at [email protected]
Monica Harmse Instagram: https://www.instagram.com/monica_harmse Facebook: https://www.facebook.com/MoodyProperties.ca Website: https://moodyproperties.ca
Denny Dumas Instagram: https://www.instagram.com/denny.dumas Facebook: https://www.facebook.com/denny.dumas.5 Website: https://www.dennydumas.com
Garbutt + Dumas Real Estate Instagram: https://www.instagram.com/garbuttdumas Facebook: https://www.facebook.com/GarbuttDumas Website: http://www.garbuttdumas.ca
New legislation is being proposed in British Columbia in an effort to protect buyers by allowing them to back out of an offer with little to no legal consequences.
Denny and Monica break down what the “cooling off period” is and discuss openly how they see it impacting buyers and sellers.
This episode will focus on the different processes of buying new construction versus resale properties, the impact of working with a trusted realtor in this industry, the importance of due diligence with subject-free offers, and the possibility of deception and fraud increasing in real estate with this new legislature.
Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel
Email us at [email protected]
Monica Harmse Instagram: https://www.instagram.com/monica_harmse Facebook: https://www.facebook.com/MoodyProperties.ca Website: https://moodyproperties.ca
Denny Dumas Instagram: https://www.instagram.com/denny.dumas Facebook: https://www.facebook.com/denny.dumas.5 Website: https://www.dennydumas.com
Garbutt + Dumas Real Estate Instagram: https://www.instagram.com/garbuttdumas Facebook: https://www.facebook.com/GarbuttDumas Website: http://www.garbuttdumas.ca
Previous Episode

Property Redevelopment in the City of Vancouver with Vinny Dumas
Many builders face challenges and setbacks when trying to redevelop residential properties in the city of Vancouver.
Vinny Dumas from Sage Construction joins James and Denny on the podcast to provide an update on where the city stands in regards to permits, zoning, and redevelopment.
This episode will focus on the biggest challenges a homeowner may face when trying to redevelop, the different types of professionals needed for permit approval, the various factors that can affect the project timeline, the increasing acceptance of having multiple units on one lot, and the future of gas and electricity in the home.
Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel
Email us at [email protected]
Vinny Dumas - Sage Construction Instagram: https://www.instagram.com/sageconstruction Facebook: https://www.facebook.com/sagecustomhomes Website: http://www.sageconstruction.ca/
James Garbutt Instagram: https://www.instagram.com/jamesgarbutt Facebook: https://www.facebook.com/jamesgarbutt Website: https://jamesgarbutt.com
Denny Dumas Instagram: https://www.instagram.com/denny.dumas Facebook: https://www.facebook.com/denny.dumas.5 Website: https://www.dennydumas.com
Garbutt + Dumas Real Estate Instagram: https://www.instagram.com/garbuttdumas Facebook: https://www.facebook.com/GarbuttDumas Website: http://www.garbuttdumas.ca
Next Episode

Getting Ready to Make a Move in 2022? Start Now!
Buying or selling a home is an involved process but there are certain things you can do to be better prepared and help things go smoother.
James, Denny, and Monica go over all the things you should give your attention to if you are thinking about selling or buying a home in 2022.
This episode will focus on things to think about when looking to upsize, ways to educate yourself about the market, getting your finances in order, understanding property values, the difficulty of predicting prices, getting your house ready to sell, and the importance of starting early.
Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel
Email us at [email protected]
Monica Harmse Instagram: https://www.instagram.com/monica_harmse Facebook: https://www.facebook.com/MoodyProperties.ca Website: https://moodyproperties.ca
Denny Dumas Instagram: https://www.instagram.com/denny.dumas Facebook: https://www.facebook.com/denny.dumas.5 Website: https://www.dennydumas.com
James Garbutt Instagram: https://www.instagram.com/jamesgarbutt Facebook: https://www.facebook.com/jamesgarbutt Website: https://jamesgarbutt.com
Garbutt + Dumas Real Estate Instagram: https://www.instagram.com/garbuttdumas Facebook: https://www.facebook.com/GarbuttDumas Website: http://www.garbuttdumas.ca
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