Chilliwack Board sales fee and billing process changing January 1

The Chilliwack and District Board has advised, the minimum sales fee will be increasing from $35 to $40. As well, listing and selling offices will each receive an invoice for half of the billing costs, calculated as sales price x .075% of the sales price (minimum $40, maximum $120) divided by 2 + GST.

Any active listings on January 2 will have the commission phrase “L ½ BF” removed as it will no longer be in effect.

All sales processed in 2016 will be billed and payable as invoiced. No changes will be made to any invoice generated already.

For more Interboard Listing Information, visit REALTOR Link®.