The Board continues to see listings where agents are not declaring where they got their listing’s measurements from.
As noted in NewsReal, effective March 1, 2020 agents are required under the Rules of Cooperation to cite the source of measurements in the Realtor Remarks of their listings. This rule change was made as a direct result of complaints from consumers and on the explicit recommendation of your Errors & Omissions insurer to help keep you from being sued.
You must cite not only the source of the total square footage of the floor area, but also the source for the individual room sizes. For example, ‘Measurements from BC Assessment,’ may cover the floor area square footage, but not the room sizes. You must include where you got the room sizes from i.e. ‘Room size measurements by Listing Agent’ or ‘Room size measurements by ABC measurement company’ to cover the remainder of the measurements.
Source: FVREB Communications