Toolkits

The BCREA Standard Forms Resource Centre is the go-to place for REALTORS® and managing brokers to find standard forms toolkits. The toolkit is an interactive training guide aimed at providing you with information about the form, outlining what the sections of the form mean, guiding you and your clients how to complete the form and much

Standard Forms Resources

BCREA has a variety of standard forms resources available for REALTORS®. If you’re not sure where to go for information, the list of resources for information below is a great start: Frequently Asked Questions (Common questions about BCREA standard forms) Standard Forms Resources Index Clause Catalogue Summary of Form Revisions Standard Forms Terms of Use

InFormBot

Have You Checked Out Our New Standard Forms Tool? Check out InFormBot, an interactive tool that helps BC REALTORS® navigate commonly used standard forms confidently, anywhere, anytime. Whether you’re working with a seller or a buyer, InFormBot offers forms suggestions, practice tips, videos and resources. Access InFormBot

Explore courses

Already registered for a self-paced online course? Click the button below to access your courses and continue your learning. My Courses Being a REALTOR® means committing to a standard of professionalism that goes beyond regulatory requirements. Each licensing cycle, REALTORS® are required to complete a minimum of 18 hours of professional development. Of these 18

Manufactured Homes

Many real estate transactions in BC involve the sale of manufactured homes. So, to protect yourself and your clients, REALTORS® need to be aware of the specific and unique requirements of representing a buyer or seller in transactions involving manufactured homes. Manufactured homes include modular and mobile homes. They are typically built in a factory

Safety and Manufactured Homes – Pilot Project

This is a pilot project for BCREA and the Association of Interior REALTORS® to work with Technical Safety BC (TSBC) to test the feasibility of listing manufactured homes before obtaining electrical certification. Safety is essential, so electrical safety certification must be in place before completing any transaction. This project is limited to the Southern Peace

Radon FAQ

Radon is an invisible and odourless radioactive gas that leaks from the soil and is prevalent throughout Canada. In order to best serve your clients, REALTORS® need to be aware of current government programs, applicable laws, emerging policies and required disclosures on radon relevant to BC real estate transactions. BCREA has created a Radon FAQ

Arbitration

An Arbitration service has been established to resolve any commission dispute arising between a member board and a member of another board, in accordance with written agreements agreed to by the member boards. The full policy and process guidelines can be found below. How to Start a Claim For information about how to start a

Managing Broker Advisory Committee Application Form

Committee Member Requirements To complete a form of declaration at the start of each term. To attend a minimum of three virtual or in-person Committee meetings per year. Reasonable travel costs to attend the Committee meetings are reimbursed by BCREA based on the Association’s expense policy. Please refer to the Managing Broker Advisory Committee Terms

Managing Brokers Advisory Committee

BCREA’s Managing Broker Advisory Committee was created to identify opportunities that enhance REALTOR® professionalism and supports managing brokers. The Committee is made up of Managing Brokers with varying levels of experience and expertise from across the province and it provides insights and practical expertise on timely topics and feedback that helps inform BCREA’s actions in

Multiple Offers

Low interest rates and a lack of housing supply can lead to a hot Canadian housing market where sellers are dealing with multiple offers and buyers may be willing to take risks to secure the purchase of a property. REALTORS® should be comfortable and confident providing clients with information on how to mitigate risks, while

Mobile Plan for REALTORS®

BCREA Mobile has changed its name to Area WIRELESS, but the program and the features remain the same. Area WIRELESS has been the behind-the-scenes program administrator for BCREA Mobile since launch, and has provided savings to REALTORS® and their families and friends since 2017. While the name and logo are different, all of your account details

Home and Lifestyle Insurance Program

It can be challenging to find the right insurance, especially if you have multiple properties and lifestyle possessions. That is why BCREA has partnered with Axis Insurance to provide REALTORS® with preferred pricing through Aviva Group (10% discount), along with access to many other leading insurance providers. Types of policies available: Homeowners Condominium owners Tenants To view

Brokerage Insurance Program

BCREA has partnered with Axis Insurance to create the Brokerage Insurance Program, a new affinity program that provides managing brokers with insurance solutions specifically designed for real estate brokerages. The Brokerage Insurance Program is now available and offers managing brokers competitive rates for various types of coverage including: Excess errors and omissions insurance, Vicarious liability

Legal Defence Reserve

What is the Legal Defence Reserve? BCREA’s Legal Defence Reserve (LDR) is a fund created to aid REALTORS® by supporting litigation or providing legal assistance for issues of provincial significance. Funds from the reserve might be used for legal and other costs related to litigation or disciplinary matters. Learn More Are You Being Treated Fairly?

BCREA Audited Financial Statements

At the end of every fiscal year, BCREA publishes Audited Financial Statements to provide our members, industry stakeholders and consumers a detailed and transparent overview of our Statement of Financial Position and Statement of Operations.

BCREA Backgrounder

REALTORS® in BC. Our mission is to empower the province’s eight real estate boards by sharing our expertise and providing professional development opportunities, advocacy, economic research and standard forms so REALTORS® are trusted, respected and proud of their profession. 2021 Multiple Listing Service® Sales REALTORS® helped their clients sell 124,866 homes on the Multiple Listing

Annual Reports

Every year, BCREA reports on the key activities, highlights and achievements in service of BC’s eight real estate boards and 24,000 REALTORS® from the previous year. The annual report is typically published in March and includes audited financial statements.

BC’s Homebuyer Protection Period: What’s Next for REALTORS®?

After the BC Government’s announcement introducing initial details of the upcoming Homebuyer Protection Period to take effect in real estate transactions in January 2023, you might be wondering, what’s next? REALTORS® are at the front lines of real estate transactions in BC, so a change in the way transactions are conducted will have an impact

Updated Online Anti-Money Laundering Course Now Available for REALTORS®

When the final report and recommendations from the Commission of Inquiry into Money Laundering in BC were released earlier this year, there was a clear theme: more can be done in BC when it comes to anti-money laundering.  So, to help REALTORS® better understand anti-money laundering reporting and compliance requirements from the Financial Transactions and

BC Government to Implement Homebuyer Protection Period in January 2023

The BC Government has created regulations that will enable a mandatory three-day Homebuyer Protection Period (HPP), previously called a “cooling off period,” on January 1, 2023. While BCREA supports enhanced consumer protection measures for real estate consumers, we are extremely disappointed by this announcement. We anticipate that the HPP will not be an effective measure,

High Mortgage Rates Keeping Potential Buyers Sidelined

For the complete news release, including detailed statistics, click here. Vancouver, BC – July 12, 2022. The British Columbia Real Estate Association (BCREA) reports that a total of 7,136 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June 2022, a decrease of 35.7 per cent from June 2021. The average MLS® residential