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Current Housing Trends

HOUSING FORECAST

Multiple Listing Service® residential sales in BC are forecast to fall 2.1 per cent to 68,700 units this year.

Strata Fundamentals - Part Two

In Strata Fundamentals - Part Two, REALTORS® will look at the possible risks in the strata transaction; learn how to read and write accurate listings; identify and document the red flags in strata documents; identify strata issues and assess how they may impact clients; and apply the MASTA approach (mitigate, accept, share, transfer, avoid) to reduce risk in strata transactions.

By the end of this course, learners will be able to more accurately read and interpret strata documents, better measure strata products against their client's specifications, improve their understanding of the role and limitations of a REALTOR® in a strata transaction, and better explain strata complexities and risks to their clients.

Strata Fundamentals - Part Two, is an instructor-led offering. To see dates of when this course is being hosted throughout the province please refer to the BCREA course calendar, here.



Testimonials

This course provides an excellent opportunity to refresh, and more importantly to expand, the licensee’s understanding of a critical area of practice.

Most REALTORS® will honestly admit that they don’t really dive deeply into the strata documents associated with transactions. This course teaches you what important data you should consider to protect your clients from harm. Reading strata financial statements is much easier after attending this course. Strongly recommended!

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