Real Estate Organizations in BC
BC Real Estate Association
BCREA is the professional association for more than 22,000 REALTORS® in BC, focusing on provincial issues that impact real estate. Working with the province’s 11 real estate boards, BCREA provides continuing professional education, advocacy, economic research and standard forms to help REALTORS® provide value for their clients. To demonstrate the profession’s commitment to improving Quality of Life in BC communities, BCREA supports policies that help ensure economic vitality, provide housing opportunities, preserve the environment, protect property owners and build better communities with good schools and safe neighbourhoods.
|BCREA is not responsible for the material and information located on linked sites. |
Real Estate Boards
There are 11 regional real estate boards throughout BC, which serve REALTORS® by managing property listings, distributing news, supplying standard forms and ensuring high industry standards. Click here for a list of boards.
Real Estate Council of British Columbia (RECBC)
RECBC is a regulatory agency established by the provincial government. Its mandate is to protect the public interest by enforcing the licensing and licensee conduct requirements of the Real Estate Services Act. RECBC is responsible for licensing individuals and brokerages engaged in real estate sales, rental and strata property management. RECBC also enforces entry qualifications, investigates complaints against licensees and imposes disciplinary sanctions under the Act.
Superintendent of Real Estate (OSRE)
OSRE is an agency of the provincial government, which sets conduct standards for the real estate industry, oversees the delivery of RECBC’s consumer protection mandate, and leads the ongoing reform of real estate industry regulation in British Columbia. OSRE also exercises statutory jurisdiction under the Real Estate Services Act, regulates the marketing of multi-unit real estate developments under the Real Estate Development Marketing Act, and approves strata plan schedules under the Strata Property Act.
The Real Estate Foundation of British Columbia
The Foundation is a philanthropic body that provides financial support for real estate-related projects, such as public and professional education, law reform and research. It is funded through interest from unassigned trust deposits held by real estate brokerages, and uses the funds to provide grants for non-profit and charitable activities related to real estate and land use.
Real Estate Errors and Omissions Insurance Corporation (REEOIC)
REEOIC pools the assessments paid by real estate licensees in a fund that is used to pay the costs of defending and indemnifying licensees against professional liability claims. The Real Estate Services Act requires every real estate licensee to participate in REEOIC’s program. REEOIC’s assessments are collected by the Real Estate Council of British Columbia when licenses are issued or renewed.
Real Estate Division (RED), Sauder School of Business, UBC
RED offers a comprehensive range of industry-driven programs that serve the needs of the real estate community locally, nationally and internationally. Ongoing collaboration between industry professionals and faculty experts results in a state-of-the-art curriculum that blends theory and practice.
Real Estate Institute of British Columbia (REIBC)
REIBC is an organization that works with a variety of organizations and serves a diverse membership of real estate professionals to advance and recognize excellence in education, knowledge, professional development and business practices uniting all sectors of the real estate industry.