What your clients need to know Whether your clients are buying or selling a home, unpermitted work—any renovation or modification made to a home for which the appropriate municipal building or other permits were not obtained—can prove to be problematic if not dealt with head-on. For sellers: disclose, disclose, disclose As the listing brokerage, you …
If you’re looking to reduce errors and omissions when it comes to completing FINTRAC individual identification and receipt of funds forms, you might want to check out the FINTRACKER™ app created by Forward Form Solutions Inc. The app is meant as a digital FINTRAC reporting solution for real estate professional to help reduce human error, …
When that little squirrel becomes a big problem Invasive species come with a series of problems, especially if you’re not aware of the risks. Whether you’re a REALTOR® conducting business on Vancouver Island, or northern BC, understanding what invasive species are found in your area is the first step in helping your client avoid those …
There are a lot of myths out there about REALTORS®, real estate transactions and money laundering. Unfortunately, the public has nowhere to go get unbiased information about REALTORS®’ roles in identifying criminal activity. That’s why BCREA has created an infographic for REALTORS® to share with their networks and help consumers understand the role of REALTORS® …
In November, the Canadian Real Estate Association (CREA) announced it will be transitioning to a new service provider for CREA WebForms® in 2019. The new CREA WEBForms® will be powered by the leading transaction management platform TransactionDesk® by Lone Wolf Technologies. The Fraser Valley Real Estate Board (FVREB) first developed WEBForms and sold it to CREA in …
Relationships change – whether it’s between friends, family or a REALTOR® and a client. Sometimes, relationships come to a natural conclusion, like when a REALTOR® helps a client buy a home, meaning that terms of the Exclusive Buyer’s Agency Agreement have been met. The British Columbia Real Estate Association (BCREA) provides REALTORS® and their clients …
The new Disclosure of Referral Payment form and corresponding education guide, are now available on WEBForms®. As per Section 3-3(f) of the Real Estate Services ActRules, a licensee is required to disclose to a client “all known material information respecting real estate services” being provided. If a licensee has agreed to pay a referral payment, this is material …
Obtaining an ENERGY STAR certification can be a great way to add value to a listing. They use less energy, cost less to operate, and produce fewer greenhouse gas emissions. On average, homes with the certification are 20 per cent more energy efficient than new homes, and approximately 83 per cent of Canadians recognize the …
Fire safety is important for all homeowners, and it can be a great selling point for REALTORS®. Having a home sprinkler system can greatly minimize damages from home fires, and can even save money on insurance. On February 22, the Fire Chiefs’ Association of British Columbia will host a Home and Family Sprinkler Summit for …
On December 13, the federal Minister of Finance announced a plan to simplify changes to the Income Tax Act. For the 2018 tax year, several categories of business owners will be exempt from the new rules on income sprinkling. Under the new rules, the following exemptions will apply: For business owners aged 65 or older, sprinkling …
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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