The move to create a new, amalgamated, BC-wide real estate board failed in a vote December 6, despite the majority of polled members voting in favour of the idea.
The majority of members of the six BC real estate boards involved voted yes to the proposal of unification and creating a new organization called REALTORS® of BC. But because three of the six boards’ total votes did not meet the high thresholds of votes needed to succeed, the motion failed to "achieve the critical mass required," according to a statement from the Okanagan Mainline Real Estate Board.
The individual boards involved and their vote results are as follows:
Real estate board
“Yes” Votes Cast
“Yes” Votes Needed
Carried or failed
Real Estate Board of Greater Vancouver
69%
67%
Carried
Fraser Valley Real Estate Board
63%
75%
Failed
BC Northern Real Estate Board
89%
75%
Carried
Kamloops and District Real Estate Board
70%
75%
Failed
South Okanagan Real Estate Board
79%
75%
Carried
Okanagan Mainline Real Estate Board
57%
67%
Failed
