With another minority government headed to Ottawa after this month’s federal election, collaboration between parties will be key to a functional Canadian government. This is especially true when it comes to making homeownership more achievable in Canada according to the British Columbia Real Estate Association (BCREA). The Liberals, Conservatives and NDP all made increasing supply …
On October 1, BCREA will begin accepting applications from REATLORS® and members of the public interested in becoming a part of the BCREA Board of Directors for the upcoming term. On this episode of Open House by BCREA we talk about volunteering in the real estate sector and becoming a member of the BCREA Board of …
Update – September 24: This blog post previously referenced a third award win for BCREA’s Open House by BCREA podcast. This has been removed as ARELLO mistakenly issued this award. BCREA has won two ARELLO awards recognizing outstanding communication systems and educational programs related to real estate regulation and practice in North America. BCREA was recognized for the Managing Broker Community of Practice, and Mastering …
In BCREA’s latest release of tutorial videos for BC REALTORS®, we explore three important standard forms: the Fee Agreement Buyer Pays (Buyer and Seller Not Represented) form, the Fee Agreement Seller Pays (Buyer and Seller Not Represented) form, and the Fee Agreement Seller Pays (Buyer Represented Seller Not Represented) These tutorial videos are intended to …
When parliament next meets it will look very similar to what it looked like prior to the election, although there may be big changes coming to the real estate sector based on the Liberal Party’s campaign platform. This blog post provides a look at the Liberal party’s policy platforms that, if implemented, could impact BC’s …
Anyone who has been involved in a transaction for a property under construction is likely familiar with the potential for delays of completion. While developers don’t often fail to deliver, it can happen. What happens when significant delays do occur? Can a developer be in default under the contract? What about the innocent party in …
BCREA’s popular self-paced education program, Mastering Compliance: Anti-Money Laundering Training for Brokers, is back! This year’s program is touted as “Mastering Compliance 2.0,” with enhancements incorporating feedback from last year. Mastering Compliance: Anti-Money Laundering Training for Brokers helps managing brokers, compliance officers and administrative staff who contribute to FINTRAC compliance at their brokerage meet FINTRAC’s …
On October 7, BCREA is hosting a free 30-minute lunchtime information session for REALTORS® and members of the public interested in learning about what it means to be a BCREA Director and the application process for the upcoming term. Why attend? If you are interested in having a meaningful impact on the future of the …
For Immediate Release Vancouver, BC – September 15, 2021. As Canadians get ready to elect a new federal government next week, two issues are top of mind according to several public opinion polls: housing affordability and climate change. And it’s no surprise these two areas are prominent; housing and the changing climate are inextricably linked …
For the complete news release, including detailed statistics, click here. Vancouver, BC – September 14, 2021. The British Columbia Real Estate Association (BCREA) reports that a total 9,507 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in August 2021, a decrease of 7.1 per cent over August 2020. The average MLS® residential price …
As a new REALTOR®, knowing which forms to use for a transaction may seem daunting at first. To ensure Realtor success and confidence, BCREA collaborated with the province’s ten real estate boards, lawyers, and other industry experts to draft and update standard forms for Realtors in BC. These forms are the backbone of real estate …
September 30 is National Day for Truth and Reconciliation, a new federal statutory holiday. The day recognizes the colonial legacy of residential schools, honour Indigenous survivors, and is vital to the ongoing reconciliation process. This statutory holiday means federally regulated sectors such as banks will be closed in observance of the national day. The Bank …
For Immediate Release Vancouver, BC – September 1, 2021. The British Columbia Real Estate Association (BCREA) is encouraged by the focus on housing affordability as a key priority in each of the major party’s platforms in the lead-up to September’s federal election. However, while parties pledge to build more homes and make purchasing easier, without detailed plans to quickly turn those promises into action that will increase supply, campaign promises will lead to municipal bottlenecks, failed policy and disappointed homebuyers. “We …
The British Columbia Real Estate Association acknowledges that our head office is located on the unceded traditional territories of the Coast Salish Nations of Sḵwx̱wú7mesh (Squamish), səl̓ilwətaɁɬ (Tsleil-Waututh), and xwməθkwəy̓əm (Musqueam). We also acknowledge the other 195 First Nations in British Columbia, as these are the lands we each call home.
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