Sell Your Presale Assignment — Can't Complete? Your BC Options (2026)
As of 2026, if you can't or don't want to complete a Fraser Valley presale, your main options are: assign the contract (if the developer allows it — usually with a 1–3% assignment fee), negotiate a mutual release with the developer (rare), or forfeit deposits. Most assignments cannot be publicly listed on MLS or Realtor.ca; they're marketed privately. Your profit is subject to approximately 5% GST, BC's flipping tax within 730 days, and CRA business-income treatment. We quietly market assignments to our verified buyer network.
PresaleProperties.com is focused on British Columbia presale, assignment, and new construction opportunities. Each crawlable page is written to help buyers compare locations, project types, price ranges, deposit schedules, completion timelines, developer details, and local market context before requesting private pricing or floor plans.
For 2026 BC presale rules, buyers should expect typical staged deposits averaging 5–15% depending on the developer and project, no buyer interest paid on deposits, and no REDMA rescission penalties represented as buyer costs. Our pages emphasize verified project information, practical neighborhood context, and direct routes to speak with a local presale specialist at (672) 258-1100.
Use the internal links on this page to move between presale projects, resale properties, assignment sales, calculators, buying guides, and local city pages. This helps buyers narrow from broad Metro Vancouver research into specific homes, floor plans, incentives, and next steps without relying on generic search result pages.
What are my options if I can't complete?
Three real options: assign the contract to a new buyer (most common), negotiate a mutual release with the developer (rare), or forfeit deposits and walk (expect to lose deposits and possibly be sued for further losses on developer resale).
Does the developer allow assignments?
Check your contract's assignment clause. Most Fraser Valley developers allow assignments with written consent and a 1–3% fee. Some restrict marketing (no MLS), some prohibit until a sales threshold is met, some allow only one assignment per unit.
Why can't I list my assignment on MLS or Realtor.ca?
Many Fraser Valley developers prohibit MLS listings for assignments to protect their sales program. Surrey, Langley and Abbotsford are more permissive than Vancouver. When MLS is off-limits, we market privately through our verified buyer network and other buyer-side agents.
What taxes apply to my profit?
Three layers: approximately 5% GST on the assignment amount (usually onto the buyer); BC's Home Flipping Tax at 20% inside 365 days, sliding to 0 by 730 days; and CRA business-income treatment on the full profit unless you demonstrate genuine occupancy intent. A CPA review is essential.
How do we quietly market assignments?
Our buyer network is 450+ active families across Metro Vancouver and the Fraser Valley plus verified buyer-side agents. We check your contract's assignment terms, confirm developer consent conditions, pull comps, and circulate discreetly — no MLS, no signage, just qualified buyers.
Start your free assignment valuation
Tell us about your presale and Uzair will reply within 24 hours with a free valuation and options — no obligation, no cost to sell (buyer side pays commission). Book a free 15-min call or use the form on this page.
Frequently Asked Questions
Can I sell my Fraser Valley presale before it completes?
Usually yes — if your contract's assignment clause allows it and the developer consents. Some developers restrict until a sales threshold is met.
How much is a typical developer assignment fee?
Approximately 1–3% of the original contract price, though it varies. Some charge a flat administrative fee instead.
Can I list my assignment on MLS?
Depends on the developer. Many Fraser Valley developers allow it; most Vancouver developers do not. We confirm before marketing.
How long does it take to sell an assignment?
Approximately 2–4 months to accepted offer, then 30–60 days to closing. Depends on price, developer restrictions, and market.
Do I owe tax on my assignment profit?
Yes — approximately 5% GST on the assignment amount, BC flipping tax if under 730 days, and CRA business-income treatment in most cases.