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Forecasts / Thought Leadership
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.

Know Your Product: House Structures (Online)

In Know Your Product: House Structures, REALTORS® are provided with a comprehensive introduction to the fundamentals of residential construction including footings, foundations, floors, decks, walls, openings, stairs, roofs, and chimneys. This course’s special feature discusses the common wood-boring insects found in British Columbia, signs of an infestation, and the importance of using a professional exterminator.

 

By the end of this course, learners will be able to use essential vocabulary for discussing a house’s structure and features; recognize potential issues within a house that may have created or may possibly lead, over time, to a defect; and use the issues discovered to help establish a more accurate comparative market analysis (CMA). They will also be better able to help their seller clients make the appropriate property disclosures and help their buyer clients understand the pros and cons of any house they may wish to buy and why a home inspection is always necessary.

 

This course improves REALTORS®’ ability to knowledgeably answer their clients’ questions about a single-family home and to know when to refer their clients to the appropriate professional.

 

Know Your Product: House Structures is available as a self-paced online or instructor-led offering. To see dates for instructor-led offerings, please see the current course calendar here. BCREA's full list of self-paced online offerings is available via REALTOR Link® here.



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Testimonials

Very useful, real-world information tailored to our market. This was one of the most practical and applicable courses I’ve taken. It was well laid out and easy to navigate and it covered a lot of ground. I really enjoyed this one!

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This course should be an immediate post-licensing requirement. It offers a wealth of knowledge that all agents must have in order to work in the best interest of their clients, whether representing sellers or buyers.

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I was glad to see this course being offered. It allows agents to better understand house structures, which ultimately helps them guide clients through a property with more clarity. This can give clients peace of mind and leave them with a greater understanding and appreciation of building materials and building codes.

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