Buying a property is the biggest financial decision most of us will ever make. That’s why BCREA ensures REALTORS® have the tools to help you make the decision with confidence. From advocacy promoting affordability to professional development, from in-depth economic analysis to standardized legal forms, we support REALTORS®.
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Welcome to our new website!
Take a look around ‐ we hope you love it as much as we do.
You’ll find resources and information on advocacy, professional development, market analysis, standard forms and more, with new content published weekly!
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Take a look around ‐ we hope you love it as much as we do.
You’ll find resources and information on advocacy, professional development, market analysis, standard forms and more, with new content published weekly!
Continue
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INDUSTRY INSIGHTS
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Selling Tenant-Occupied Properties During the COVID-19 PandemicSelling a home can be a stressful experience, and it can be even more complicated when selling a tenant-occupied property, especially in the midst of a global pandemic…Posted Dec 09, 2020
by Marianne BrimmellReal Estate Professionals Urged to Stop Open Houses: Regulators and Provincial Association Recommend Virtual ToolsThe regulatory agencies overseeing real estate professionals in BC and the provincial association representing REALTORS® are calling on real estate professionals across the province…Posted Nov 05, 2020
by April van ErtUpdated Guidance for Real Estate Practice During COVID-19BCREA and our partners have issued updated guidance and new recommendations for real estate practice during COVID-19 as a result of Provincial Health Officer orders on December 7, 2020.Tags: COVID-19 Office fo the Superintendent of Real Estate OSRE Real Estate Council of BC Real Estate Practice RECBC Safer ShowingsPosted Jan 14, 2021
by Shaheed DevjiAdministrative Penalties ExpandedThe Office of the Superintendent of Real Estate and the Real Estate Council of British Columbia announced changes to the Real Estate Rules to expand the use of administrative penalties that take effect Feb 1, 2021…Posted Jan 27, 2021
by Norma MillerFour or More? Practice Tips for Transactions Involving Cannabis Properties #534While households can legally have up to four cannabis plants each, with exceptions made for those who have a license to grow medical cannabis, questions remain about the duties of real estate agents in transactions…Posted Jan 27, 2021
by Oana HyattRECBC Approves 10 Per Cent Hike in Licensing FeesEffective April 1, 2021, The Real Estate Council of BC will increase their biennial licensing fees from $1,800 to $2,000…Posted Jan 27, 2021
by Matt MayersUPDATE: COVID-19 Recovery DashboardThe BCREA Economics team has created the COVID-19 Recovery Dashboard to help REALTORS® monitor BC’s economic recovery…Tags: BC Economy COVID-19Posted Jan 26, 2021
by Kellie FongThree Things You Need to Know About BCREA’s Legal Defence Reserve for REALTORS®BCREA’s Legal Defence Reserve was created to aid REALTORS® by supporting litigation or providing legal assistance.Posted Jan 26, 2021
by Mackenzie SmithBCREA 2021 First Quarter Housing Forecast Update: Provincial Housing Market Set Up for Very Strong 2021In its 2021 First Quarter Housing Forecast Update, BCREA reports MLS® residential sales in the province are forecast to rise 15.6 per cent to 108,680 units this year, after recording 94,021 sales in 2020…Posted Jan 25, 2021
by Brendon OgmundsonWhat the Co-Listing Separate Representation Form Means for REALTORS®Learn more about recently created BCREA’s Co-Listing Form – Separate Representation was developed so that multiple sellers who have opposing interests are able to engage different brokerages or agents.Posted Jan 20, 2021
New Tutorial Videos Focus on Common Standard FormsBCREA has added to its suite of video tutorials for REALTORS® on key standard forms with the launch of new video series on the Contract of Purchase & Sale, Listings Contract and Buyers Agency Exclusive Contract.Posted Jan 20, 2021
by April van ErtHousing Market Update – January 2021Watch BCREA Chief Economist Brendon Ogmundson discuss the December 2020 statistics…Posted Jan 15, 2021
by Brendon OgmundsonHow REALTORS® Help Prevent Money Laundering in Real Estate: Identifying and Reporting Suspicious TransactionsBrokerages, managing brokers, compliance officers, brokerage staff and REALTORS® are uniquely positioned to assess certain aspects of a real estate transaction that others may not have access to.Posted Jan 13, 2021
Strong December Home Sales Close Out an Unprecedented YearBCREA reports that a total of 93,953 residential unit sales were recorded by the MLS® in 2020, an increase of 21.5 per cent from the 77,350 units sold in 2019…Tags: Statistical ReleasesPosted Jan 13, 2021
by Brendon OgmundsonNew Videos Highlight Key Areas of Contract of Purchase and SaleThe Contract of Purchase and Sale is an foundational part of every real estate transaction. Learn more or brush up on your knowledge in this new tutorial video series.Tags: Buyers Agency Exclusive Contract Contract of Purchase and Sale Listing Contract Standard Forms Standard Forms Resource Centre Standard Forms Videos Tutorial VideosPosted Jan 12, 2021
Strata Depreciation Reports: What REALTORS® and Clients Need to KnowWith more than 1.5 million British Columbians living in stratas, it’s important that REALTORS® understand a key tool in assessing the condition of strata corporations: the depreciation report.Posted Jan 08, 2021
BCREA Advocacy 2020 Year in ReviewWith 2020 in the rear-view mirror, here’s a look back at some of BCREA’s advocacy highlights…Posted Jan 08, 2021
by Matt MayersBCREA NowcastThe BCREA Nowcast estimate of provincial economic growth (expressed as year-over-year growth in real GDP) for October 2020 is -0.5 per cent…Tags: NowcastPosted Jan 04, 2021
by Brendon OgmundsonCleanBC Rebates DoubledTo help BC’s economy recover from the COVID-19 pandemic, many CleanBC rebates are doubled until December 31, 2020…Posted Dec 22, 2020
by Matt MayersNew Cabinet Will Lead BC’s Economic RecoveryThe BC NDP’s cabinet positions will play a key role in economic recovery and are an important conduit for BCREA to advance our advocacy issues…Posted Dec 17, 2020
by Matt MayersA Whole Lot to Know About the Land Owner Transparency Act #533On November 30, 2020, the Land Ownership Transparency Act came into effect, and with it, the Land Ownership Transparency Register…Posted Dec 17, 2020
by Lisa NiroHow REALTORS® Help Prevent Money Laundering in Real Estate: Reducing the RisksOne important way real estate brokerages can reduce the inherent risks of money laundering is by regularly conducting a risk assessment to identify the risks that could expose them to this kind of crime…Posted Dec 17, 2020
BCREA Podcast
Open House by BCREA
Open House by BCREA is a monthly podcast where REALTORS® in BC will find the latest real estate news, and feature conversations with experts on issues related to real estate practice.
Subscribe on your favourite podcast app, including Apple Podcasts, Google Play, Spotify, Stitcher, and TuneIn.
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