Knowing the Rules May Not Be Enough #529

A recent discipline decision from the Real Estate Council of BC (Council) illustrates how important it is for licensees to be aware of and follow Council guidelines and their interpretations, which can be found in newsletters, notices, articles, and answers to Frequently Asked Questions, all readily available on Council’s website. In this decision,1 a couple

Get to Know the New and Revised Standard Forms Coming in September

With less than a month to go before BCREA’s Fall 2020 Standard Forms Release on September 16, REALTORS® now have the opportunity to view advance copies of the new and revised forms, clauses and accompanying resource guides. BCREA has developed a pre-launch package that includes previews of the new and revised forms and clauses (watermarked

Forms 2020: New Standard Forms and Clauses

By Ellen Baragon, Guest Contributor As part of BCREA’s Fall 2020 Standard Forms Release, seven new standard forms and three new clauses will be released on September 16, 2020. Find out more about BCREA’s Fall 2020 Standard Forms Release at bcrea.bc.ca/forms2020. The following is a summary of the upcoming new standard forms and clauses with

Forms 2020: Revised Standard Forms

By Ellen Baragon, Guest Contributor As part of BCREA’s Fall 2020 Standard Forms Release, ten revised standard forms will be released on September 16, 2020 Find out more about BCREA’s Fall 2020 Standard Forms Release at bcrea.bc.ca/forms2020. The following is a summary of the revised standard forms with brief descriptions outlining why they were created

Forms 2020: Updated Signature Blocks

By Ellen Baragon, Guest Contributor As part of BCREA’s Fall 2020 Standard Forms Release, the signature blocks on more than 20 standard forms have been updated and will be released on September 16, 2020. Find out more about BCREA’s Fall 2020 Standard Forms Release at bcrea.bc.ca/forms2020. After a recent review of the brokerage signature blocks

PODCAST: Episode 10 – Fall 2020 Standard Forms Release Preview

Open House by BCREA logo

On Episode 10 of Open House by BCREA, we preview the Fall 2020 Standard Forms Release with BCREA Professional Services Manager Jennifer Lynch. In our conversation, we outline what new and revised forms and clauses are coming, and how you can begin to familiarize yourself with the forms now. [div id=”buzzsprout-player-5176396″][/div] [script src=”https://www.buzzsprout.com/831562/5176396-fall-2020-standard-forms-release-preview.js?container_id=buzzsprout-player-5176396&player=small” type=”text/javascript” charset=”utf-8″][/script] This

Register Now for Mastering Compliance: Anti-Money Laundering Training for Brokers

Registration is now open for Mastering Compliance: Anti-Money Laundering Training for Brokers, a comprehensive online program designed to provide brokers and compliance officers with the tools to master FINTRAC compliance. This nine-week training program combines self-paced, online learning with virtual classes to help you build a strong culture of compliance at your brokerage and network

Province Revises Strata Property Act in Response to Insurance Crisis

The Province of BC has changed the Strata Property Act and the Financial Institutions Act in response to the recent escalation of insurance premiums and deductibles. In a communication to Strata Managers, the Real Estate Council of BC (RECBC) highlighted that now: Strata corporations are required to inform owners as soon as it is feasible

Banff Western Connection Cancelled

Due to COVID-19 the 2021 Banff Western Connection Conference, which was to be held in January 2021 at the Fairmont Banff Springs Hotel in Banff, Alberta, has been cancelled. Banff Western Connection means so much to all of us at BCREA and we’re disappointed to share this news. However, it’s important that we all remain

Get Ready for BCREA’s Fall 2020 Standard Forms Release

On September 16, BCREA will release seven new standard forms, three new clauses and a number of revised forms on WEBForms®. The new forms will be accompanied by guides that will also be posted on WEBForms®, while additional resources on the revised forms will be made available on the Standard Forms Resource Centre. What forms

Get Ready for Mastering Compliance: Anti-Money Laundering Training for Brokers

This fall, BCREA is launching Mastering Compliance: Anti-Money Laundering Training for Brokers, a nine-week program created to support managing brokers and compliance officers in meeting anti-money laundering and FINTRAC requirements. This comprehensive program will provide learners with the knowledge, skills and resources to: navigate an audit or examination with confidence, implement effective brokerage compliance training,

Fall 2020 Standard Forms Release

Background Resources Quick Links Last updated: October 2, 2020 This page contains background information on the Fall 2020 Standard Forms Release, information and resources to help Realtors prepare for use of the forms, and quick links to other relevant resources. BCREA will update this page as new information and resources are available. Background On September

Strong Recovery Continues for BC Housing Markets

For the complete news release, including detailed statistics, click here. Vancouver, BC – August 13, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 10,090 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in July 2020, an increase of 26.6 per cent from July 2019. The average MLS® residential

Canada Emergency Commercial Rent Assistance for Commercial Owners Extended

By Ellen Baragon, Guest Contributor The federal government has extended the Canada Emergency Commercial Rent Assistance (CECRA) for another month to help small businesses cover rental costs through August 2020. This follows a previous CECRA extension for the month of July. CECRA provides forgivable loans to qualifying commercial property owners to cover 50% of three

Standard Forms Resource Centre Now Available: Here’s What You Need to Know

BCREA Standard Forms Resource Centre

BCREA’s new Standard Forms Resource Centre is now available for REALTORS® and managing brokers! The comprehensive platform is the new go-to for standard forms training materials and resources and was created to help REALTORS® and managing brokers make the most of BCREA standard forms and raise the bar professionally. To access the Standard Forms Resource