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BC's soon-to-be-implemented cooling off period is designed to give would-be homebuyers an escape hatch if they make an offer on a home, only to then suffer from buyer's remorse. It's anticipated that this cooling off period will apply to real estate transactions on the Sunshine Coast, BC. This is a well intentioned, if mistimed piece of legislation. The overheated real estate market that inspired the cooling period will likely cool before it's enacted, thus making the legislation unneeded. In this June 2022 market update, Realtor Tony Browton explains whether the Sunshine Coast is a sellers' market, a buyers' market, or a balanced market. Tony also provides advice to local Sunshine Coast homeowners that are considering selling this summer. Tony Browton - Personal Real Estate Corporation 604-418-2695 https://www.TrueBlueRealty.ca RE/MAX City Realty (Gibsons) --- 📧 - Sign up for Tony's email newsletter: https://bit.ly/SunshineCoastMarketUpd... 📘 - Facebook: https://bit.ly/Facebook_TonyBrowton 📸 - Instagram: https://bit.ly/Instagram_TonyBrowton 🏘️ - Tony's latest listings: https://bit.ly/Listings_TonyBrowton 📲 - Contact Tony: https://bit.ly/TonyBrowtonContactInfo --- VIDEO BY: Burnt Boat Media - Gibsons, BC Real estate photos and videos on the Sunshine Coast, BC https://www.burntboat.media/contact MUSIC: Money by Chantry Smith: VUWKFBUCHSD22DQA --- 🔷🔷 VIDEO CHAPTERS 🔷🔷 00:00 - Is BC's cooling period good or bad? 00:47 - Is buyers' remorse real? 02:48 - What rules will Tony suggest implementing? 05:31 - Similarities between BC's and Australia's cooling off periods 06:30 - Recent transplants moving back to Vancouver 08:22 - Sunshine Coast real estate market is cooling 11:13 - Advice for Sunshine Coast sellers 12:28 - Sellers accepting the cooling market 14:05 - Upcoming June listings 15:33 - Sign up for Tony's newsletter