Busting Fire Sprinkler Myths

Fire safety is important for all homeowners, and it can be a great selling point for REALTORS®. Having a home sprinkler system can greatly minimize damages from home fires, and can even save money on insurance. On February 22, the Fire Chiefs’ Association of British Columbia will host a Home and Family Sprinkler Summit for

Offer vs. Option vs. Contract of Purchase and Sale #499

Some conditions precedent are so imprecise or subjective that they prevent the formation of a contract. Pending the weak subject’s removal, we have only, in law, an offer. Removing the subject in question amounts to accepting the offer. Until the buyer delivers written notice removing the offending subject by the subject removal deadline, there is

BCREA Refresh

Despite the challenges of the last couple of years, the member boards and BCREA have agreed on the first step of a plan to move forward together. Beginning April 1, 2018, the annual provincial dues REALTORS® pay to BCREA will be reduced to $144 from $232. This is a direct result of concerns expressed by

BC Home Sales Above 100,000 for Third Consecutive Year

For the complete news release, including detailed statistics, click here. Vancouver, BC – January 12, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 103,763 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in 2017, a decline of 7.5 per cent from a record 112,211

Income Sprinkling Restrictions Simplified

On December 13, the federal Minister of Finance announced a plan to simplify changes to the Income Tax Act. For the 2018 tax year, several categories of business owners will be exempt from the new rules on income sprinkling. Under the new rules, the following exemptions will apply: For business owners aged 65 or older, sprinkling

Welcome to our new home!

Looking for Professional Development and Standard Forms?
They moved to BCREA Access.

Learn more HERE.