In September, BCREA released the BCREA Individual Identification Information Record, a new one-page form created to help REALTORS® and brokerages record the identification of clients and unrepresented parties in low-risk face-to-face transactions. This form supports Realtors and brokerages in meeting anti-money laundering requirements and keeping the proceeds of crime out of BC real estate markets. …
On September 29, BCREA hosted a webinar to answer questions REALTORS® had after two weeks of using the new and revised standard forms and clauses that were included in our Fall 2020 Standard Forms Release. The webinar – which featured a panel including BCREA Chief Operating Officer Corinne Caldwell, Professional Services Manager Jennifer Lynch, and …
Last week, BCREA released seven new standard forms, three new clauses, and a significant number of revisions to existing forms as a part of our Fall 2020 Standard Forms Release. As a part of our ongoing efforts to ensure Realtors and managing brokers are provided with relevant information to support you in understanding these changes …
The new and revised standard forms and clauses included in BCREA’s Fall 2020 Standard Forms Release are now available on WEBForms®. Seven new standard forms, three new clauses, and a significant number of revised forms have been released, as BCREA continues to help Realtors enhance their professionalism and adapt to trends and changing best practices. …
With less than a month to go before BCREA’s Fall 2020 Standard Forms Release on September 16, REALTORS® now have the opportunity to view advance copies of the new and revised forms, clauses and accompanying resource guides. BCREA has developed a pre-launch package that includes previews of the new and revised forms and clauses (watermarked …
By Ellen Baragon, Guest Contributor As part of BCREA’s Fall 2020 Standard Forms Release, seven new standard forms and three new clauses will be released on September 16, 2020. Find out more about BCREA’s Fall 2020 Standard Forms Release at bcrea.bc.ca/forms2020. The following is a summary of the upcoming new standard forms and clauses with …
By Ellen Baragon, Guest Contributor As part of BCREA’s Fall 2020 Standard Forms Release, ten revised standard forms will be released on September 16, 2020 Find out more about BCREA’s Fall 2020 Standard Forms Release at bcrea.bc.ca/forms2020. The following is a summary of the revised standard forms with brief descriptions outlining why they were created …
By Ellen Baragon, Guest Contributor As part of BCREA’s Fall 2020 Standard Forms Release, the signature blocks on more than 20 standard forms have been updated and will be released on September 16, 2020. Find out more about BCREA’s Fall 2020 Standard Forms Release at bcrea.bc.ca/forms2020. After a recent review of the brokerage signature blocks …
On September 16, BCREA will release seven new standard forms, three new clauses and a number of revised forms on WEBForms®. The new forms will be accompanied by guides that will also be posted on WEBForms®, while additional resources on the revised forms will be made available on the Standard Forms Resource Centre. What forms …
Background Resources Quick Links Last updated: October 2, 2020 This page contains background information on the Fall 2020 Standard Forms Release, information and resources to help Realtors prepare for use of the forms, and quick links to other relevant resources. BCREA will update this page as new information and resources are available. Background On September …
BCREA’s new Standard Forms Resource Centre is now available for REALTORS® and managing brokers! The comprehensive platform is the new go-to for standard forms training materials and resources and was created to help REALTORS® and managing brokers make the most of BCREA standard forms and raise the bar professionally. To access the Standard Forms Resource …
On September 16, BCREA will release seven new standard forms, three new clauses and a significant number of revisions to existing forms. Managing brokers are invited to join the virtual Managing Broker Community of Practice on Wednesday, August 19 at 10:00 am to learn more about the upcoming standard forms release. To register for the …
As REALTORS®, you know that forms and clauses are at the heart of your day-to-day real estate practice. And we know that, too. BCREA is committed to providing you with high quality, relevant, and updated standard forms and clauses, so you and your clients can complete transactions with confidence. Over the coming weeks, we …
The City of Vancouver’s Empty Homes Tax levies a tax against certain residential properties within the City of Vancouver based on how they are used. If an owner fails to make proper declarations or pay the proper tax, a lien can be issued against the property. When it comes to a real estate transaction, buyers …
When working with buyers in a real estate transaction in BC, REALTORS® may choose to use the Buyer’s Agency Exclusive Contract. BCREA has created a new video for you to share with your clients to help them better understand the purpose and content of this common standard form. The Buyer’s Agency Exclusive Contract outlines the …
You’ve listed a great property on behalf of your seller client. With your marketing efforts and the attractive offering, you have received multiple offers. Sounds like an ideal scenario, right? On the seller’s side, it certainly can be. But when it comes to potential buyers, there might be some concerns. How does a buyer know …
The COVID-19 FAQ was last updated on June 26, 2020 to include updates on: LTSA Remote Witnessing Not allowing consumers access where they have symptoms or have been exposed to COVID-19 As appropriate continuing offering virtual services FINTRAC ID Tenant occupied properties – vacant possession Liability order Questions have been renumbered, as questions that are …
BCREA has created a video for REALTORS® to share with clients to help them better understand the Multiple Listing Contract (MLC), which is used in many real estate transactions in BC. One of two common listing contracts in BC, the MLC is used when a seller engages a Realtor to list their property on the …
This is the first post in “Standard Forms Spotlight,” a regular series of blog posts that will help REALTORS® enhance their understanding and build their knowledge of the many intricacies around provincial standard forms and clauses used in real estate transactions in BC. Learn more about what you can expect in the monthly series here. …
In June, we will be publishing the first post in “Standard Forms Spotlight,” a regular series of blog posts that will help REALTORS® enhance their understanding and build their knowledge of the many intricacies around provincial standard forms and clauses used in real estate transactions in BC. Published monthly, the blog posts will address common …