Managing Brokers Invited to Webinar on Fall 2020 Standard Forms Release

Woman with headset on watching webinar on laptop

On September 16, BCREA will release seven new standard forms, three new clauses and a significant number of revisions to existing forms. Managing brokers are invited to join the virtual Managing Broker Community of Practice on Wednesday, August 19 at 10:00 am to learn more about the upcoming standard forms release. To register for the

PODCAST: Episode 9 – Does Racism Exist in Real Estate?

Open House by BC Real Estate Association logo

On Episode 9 of Open House by BCREA, we ask the question: does racism exist in real estate in Canada? Joining our discussion and to help explore solutions we welcome three guests: Bethany King, a Black Toronto-area Realtor who is advocating for change; Satnam Sidhu, a BC Realtor with 40 years of experience and time spent

REALTORS® Continue to Be Hit Hard by Economic Slowdown from COVID-19

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BCREA conducted a follow-up survey on the impacts of COVID-19 faced by REALTORS®. The survey was completed by 1,950 Realtors from all boards between July 13 and July 20. A quarter of Realtors (26 per cent) continue to report no income from transactions since the end of May. Respondents’ most common reason for not receiving

Rent Repayment Plans and Other Residential Tenancy Updates

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With an announcement on July 20, the BC Government is giving landlords and tenants information to help them plan for the near future. The ban on residential evictions for non-payment of rent will be lifted before September 1, which means full rent will be due in September. Repayment plans The government has published a repayment

COVID-19 and a Different Type of “Exposure” Risk

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By Ellen Baragon, Guest Contributor Even when REALTORS® adapt strict COVID-19 safety protocols (you can review BCREA’s guidelines here), hosting open houses increases the risk of exposure to COVID-19. Hosting open houses also results in another type of exposure for Realtors: exposure to public scrutiny. With British Columbians anxiously watching the latest transmission numbers, neighbours

BC Housing Markets Bounce Back in June

Chart showing BC MLS Sales by Region from January 2019 to June 2020

For the complete news release, including detailed statistics, click here. Vancouver, BC – July 14, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 8,166 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June 2020, an increase of 16.9 per cent from June 2019. The average MLS® residential