The BC Real Estate Association (BCREA) Board of Directors is seeking an appointee for the Real Estate Compensation Fund Corporation (RECFC) Board of Directors. The appointment term would commence on January 1, 2023. The RECFC was established in 2005 to protect the public in the event of fraud on the part of a real estate …
In fluctuating markets, remorse claims become all too common. Consumers regret and want to escape deals. Ensuring you’re well prepared upfront with the proper documentation, the best information and best practices, REALTORS® can help prevent client remorse. Yet, client remorse and uncertainty can still occur despite your best efforts. Why do clients get remorse? Remorse …
BCREA has now launched BCREA Access, a new, secure platform designed to house resources for REALTORS® and managing brokers where and when they need it the most. BCREA Access is replacing BCREA’s presence on REALTOR Link®, which is being discontinued by the Canadian Real Estate Association (CREA) on September 15, 2022. BCREA will continue to …
As part of BC Real Estate Association’s (BCREA) Strategic Plan, we are conducting research to identify the needs of Managing Brokers and opportunities within the profession to support Managing Brokers. If you are a Managing Broker, Associate Broker or Broker Owner, please take a moment to complete the survey by clicking the link below. Complete …
These BCREA Operational Committees & Other Volunteer Committees help guide our association’s work and ensure our REALTOR® members’ diverse viewpoints and valuable expertise remain at the heart of our decision-making. Click any Operational Committee names or task forces below to view its Terms of Reference and learn more about its purpose, responsibilities and criteria. BCREA …
Board of Directors Interested in helping to set BCREA’s strategic focus and have a meaningful impact on the future of the real estate profession? The Board of Director’s role covers a wide range of responsibilities including setting BCREA’s strategic goals and objectives, financial oversight, ensuring qualified management, overseeing BCREA’s business activities, reviewing its materials risk …
On August 23, BCREA is launching BCREA Access, a new platform for REALTORS® to securely access resources from BCREA. Designed exclusively for BC REALTORS®, managing brokers and real estate board staff, BCREA Access contains resources to help support real estate professionals, where and when you need it the most. With BCREA Access, REALTORS® will be able …
For the complete news release, including detailed statistics, click here. Vancouver, BC – August 11, 2022. The British Columbia Real Estate Association (BCREA) reports that a total of 5,572 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in July 2022, a decrease of 42.4 per cent from July 2021. The average MLS® residential …
Ensuring REALTORS® have the resources to meet anti-money laundering requirements is an important step towards keeping money from criminal activity out of BC’s housing market. Money laundering is an issue of significant concern for all British Columbians. At BCREA, we take the issue very seriously. In 2022, the BC Government publicly released the final report …
Bylaws: This document contains BCREA’s Bylaws as filed with the Registrar of Companies of the Province of British Columbia and was last updated in 2020. Click here to view BCREA’s Bylaws. Rules: This document contains the rules and regulations that govern BCREA. Click here to view BCREA’s Rules. Constitution: Created in 1995, BCREA’s Constitution provides …
Lobbyist Registry: All real estate boards are required to report their provincial advocacy through BC’s Lobbyists Registry. BCREA has prepared the following resources to help: Real Estate Legislation: External links:
BCREA and REALTORS® have an intrinsic interest in consumer protection – what’s good for home buyers and sellers is also good for the real estate sector. BCREA is committed to working with the BC Government and BC’s real estate regulator, the BC Financial Services Authority (BCFSA), to develop robust evidence-based policy that will enhance consumer …
Flood Protection Flood risk has the strong potential to increase in coming years due to climate predictions calling for increased levels of precipitation in more frequent and more intense weather events. Flooding poses catastrophic risks to BC’s economic vitality, safety and environment. BCREA’s flood plays a strong role in floodplain mapping to assist REALTORS®, their …
Regulatory Reform In 2021, the BC Financial Services Authority became the sole regulator of real estate in the province. To learn more about how this change affected REALTORS®, please click on the following resources: Anti-Money Laundering In 2022, the BC Government publicly released the final report and recommendations from the Cullen Commission of Inquiry into …
Supply BCREA advocates for improved housing affordability through addressing the mismatch between supply and demand. The government has made some progress towards increasing housing supply, including removing the default requirement for local governments to hold public hearings for rezoning that are consistent with Official Community Plans. We are encouraging the government to enact proposals laid …
Government Liaison Days (GL Days) is an annual event hosted by BCREA where REALTORS® from across BC learn about pertinent government relations issues and meet with local MLAs. GL Days is an important tool to drive forward smart policy and build strong relationships with politicians. During GL Days, delegates get exposure to key federal and …
BCREA is a non-partisan organization, focusing on the issues rather than the politics. We try to work collaboratively with whatever party is forming government, while also fostering relationships with the opposition. BCREA and member boards participate in elections by promoting important issues, sponsoring housing debates, as well as providing resources to help engage with their …
REALTORS® are an integral part of the community. Not only do you facilitate what is often one of the biggest transactions in people’s lives, but you also support your communities through a dedication to your profession. That means taking Professional Development opportunities, upholding the highest standards of professionalism, and for some, it could also mean …
British Columbia’s private sector privacy legislation came into effect on January 1, 2004. The Personal Information Protection Act (PIPA), governs the collection, use and disclosure of personal information held by organizations. The legislation recognizes the rights of the individuals, to protect their information and the need of the organization to collect, use, or disclose personal information for …
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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