September 2023 - British Columbia Real Estate Association

BCREA and Member Board Delegates Advocate for Improved Housing Attainability at 2023 Union of BC Municipalities Convention

Janie Cranfield | September 28, 2023

Last week, BCREA and five BC real estate boards sent delegates to the Union of BC Municipalities (UBCM) Convention in Vancouver to meet with local and provincial political leaders and staff. Throughout the event, BCREA’s delegates strongly advocated for greater housing attainability, and distributed a brief to elected officials containing two recommendations described below. Our …

BCREA’s Standard Forms Toolkits Move to BCREA Access: What You Need to Know

Harveen Dhaliwal | September 27, 2023

An exciting update for the Standard Forms Toolkits! You can now access BCREA’s Standard Forms Toolkits on BCREA Access as of October 16, 2023. This transition marks a departure from the Standard Forms Resource Centre and is set to deliver a more streamlined and user-friendly experience for REALTORS®. Until now, all BCREA Standard Forms Toolkits …

2023 Managing Brokers’ Conference: A Guide to Concurrent Sessions

Harveen Dhaliwal | September 27, 2023

In the dynamic world of real estate, knowledge is power, and managing and associate brokers are key influencers in shaping the industry’s future. To help equip them with the necessary tools and resources they need for success, BCREA has put together a compelling list of concurrent sessions taking place at the 2023 Managing Brokers’ Conference …

BCREA’s Managing Broker Advisory Committee: Providing Insights to Supporting BC’s Real Estate Profession

Harveen Dhaliwal | September 27, 2023

The Role of Managing Brokers In the dynamic world of British Columbia’s real estate market, managing brokers play a pivotal role in overseeing transactions and guiding REALTORS® within the profession. Their responsibilities encompass supervision, mentorship, and maintaining compliance with the Real Estate Services Act (RESA). Recognizing the increasing complexity of the managing broker’s role, BCREA …

Call for Participants to Join our Focus Group to explore Mandatory Written Buyer Service Agreements

Ivonne Garcia | September 27, 2023

Are you interested in shaping the future of real estate transactions in British Columbia? We are excited to announce that we are looking for enthusiastic individuals to participate in a focus group discussion exploring mandatory written buyer service agreements. This initiative resulted from consultation with the sector and was proposed by BCREA in their White …

BCREA’s Legal Defence Fund: Safeguarding the Sector

opacity | September 27, 2023

The real estate marketplace is a dynamic, demanding environment, and sometimes REALTORS®, despite their best intentions, may experience legal challenges that could negatively impact the sector as a whole. That’s why BCREA created the Legal Defence Fund (LDF) to support REALTORS® by contributing to legal costs, where applicable, related to issues of provincial significance. …

Auckland’s Housing Supply Experiment: What Does it Mean for British Columbia’s Homes for People Plan?

Simon | September 26, 2023

Vancouver, BC – September 26, 2023. As British Columbia continues to grapple with an ongoing housing crisis, a new economic report reveals how the province’s Homes for People housing plan can expand housing supply and improve housing affordability by following the blueprint of New Zealand’s Auckland Unitary Plan (AUP). According to the latest Market Intelligence …

Updated Professional Development Course — Economics for REALTORS®: Why You Should Incorporate Economics into Your Practice

Janie Cranfield | September 25, 2023

In today’s competitive market, staying ahead of the curve regarding economic trends is crucial, especially for REALTORS®. As real estate is so intertwined with the broader economy, REALTORS® who understand how to analyze and apply economic trends can incorporate this knowledge into their practice and help their clients make more informed decisions. With this in …

Sales Trend Slightly Lower in August

Simon | September 13, 2023

For the complete news release, including detailed statistics, click here. Vancouver, BC – September 13, 2023. The British Columbia Real Estate Association (BCREA) reports that a total of 6,608 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in August 2023, an increase of 15.7 per cent from August 2022. The average MLS® residential …

Beware of Heritage or Archaeological Issues #564

Ivonne Garcia | September 4, 2023

When looking for a property to develop or redevelop, prudent buyers are well advised to investigate the suitability of the property for their plans prior to committing to purchase it. Depending on the property and the type of development, this may include researching or retaining the appropriate professionals to research and advise on any zoning …

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