COVID-19: Resources for REALTORS®

Last updated: July 8, 2020

BCREA has created this dedicated page to help real estate boards and REALTORS^® access resources related to real estate practice and the COVID-19 crisis. We will provide new information and resources as they become available. In addition to uploading new content here, we will send out email updates to all Realtors as needed.

Managing Brokers: Click here for the Return to Safe Work Plan Checklist

Click here for guidance on safely resuming open houses during Phase 3.

The content is divided into six sections:

1. Financial Aid: understanding and accessing financial supports.
2. Conducting Transactions: conducting real estate transactions while practicing social distancing.
3. Standard Forms & Liability: understanding contracts, standard forms, FINTRAC compliance and liability.
4. Economic Impacts: guidance from BCREA Economics on market impacts.
5. Supporting Clients: information to support your clients.
6. Professional Development: continuing your professional development online.

Also, don't forget to follow us on Facebook, Twitter and LinkedIn for real-time resources.

Financial Aid

• Can the Regional Relief and Recovery Fund Help You? (Posted June 9/20) - BCREA
• UPDATE: The Canada Commercial Rent Assistance Program Can Help You And Your Clients (Updated June 2/20) - BCREA
• CEBA Changes Make More Real Estate Business Models Eligible (Posted May 27/20) - BCREA
• Applications for BC Emergency Benefit for Workers Now Open (Posted May 1/20) - BCREA
• PRECs, Dividends & CERB (Posted April 24/20) - BCREA
• CRA Launches Calculator for Wage Subsidy Program (Posted April 24/20) - BCREA
• More Than Wage Subsidies: Additional Aid for Managing Brokers (Posted April 17/20) - BCREA
• PRECs and Wage Subsidy Programs (Posted April 17/20) - BCREA
• Broadened CERB Criteria Makes More REALTORS^® Eligible (Posted April 16/20) - BCREA
• CERB or CEWS: Which Federal Aid is Right for You? (Posted April 3/20) - BCREA
• Applying for CERB - Start with a CRA My Account (Posted April 2/20) - BCREA
• COVID-19 Updates: Provincial Tax & Revenue Changes - Government of British Columbia
• Deferral of GST/HST Tax Remittances (COVID-19 Measures) - Canada Revenue Agency
• New Tax Filing and Payment Due Dates - Canada Revenue Agency

Conducting Transactions

• *NEW* BC REALTORS^® Adapt "Open House" Practices to Protect Consumers (Posted July 8/20) - BCREA
• Blanket Ban on Residential Evictions Ends (Posted June 25/20) - BCREA
• Podcast: Episode 7 - Returning to Work & Risks to Realtor Reputation (Posted May 28/20) - BCREA
• UPDATE: Extension of BC's State of Emergency: What it Means for REALTORS^® (Updated May 28/20) - BCREA
• Conducting Live Virtual Tours During COVID-19 and Beyond (Posted April 24/20) - BCREA
• Home Inspection Protocols During COVID-19 (Posted April 22/20) - BCREA
• PODCAST: Episode 5 - Conducting Business During COVID-19 (Posted April 20/20) - BCREA
• CREA Introduces Feature to Highlight Live-Streamed Open Houses on REALTOR.ca (Posted April 9/20) - BCREA
• UPDATE: Conveyancing in the Time of COVID-19 - So Far (Updated April 3/20) - BCREA
• Three Ways to Virtually Show a Property During COVID-19 (Posted March 26/20) - BCREA
• LTSA COVID-19 Resources - Land Title and Survey Authority of BC
• What REALTORS^® Should Know About COVID-19 - The Canadian Real Estate Association
• COVID-19 Guidance for Real Estate Professionals - Real Estate Council of BC
  • COVID-19 Seller's Agent Checklist
  • COVID-19 Buyer's Agent Checklist

Standard Forms & Liability

• Using CREA's Health Waiver (Posted June 3, 2020) - BCREA
• UPDATE: Dealing with Contracts and Disclosure Requirements (COVID-19 FAQ) (Updated May 14/20) - BCREA
• BCREA Creates Notice & Acknowledgement Form for Use During COVID-19 Pandemic (Posted April 22/20) - BCREA
• PODCAST: Episode 4 - COVID-19 Standardized Clauses, and Financial Support (Posted April 9/20) - BCREA
• How Can REALTORS^® Protect Themselves Against Liability During the COVID-19 Pandemic? (Posted April 8/20) - BCREA
• Understanding Your E&O Coverage - Real Estate Errors & Omissions Insurance Corporation
• Identifying Clients in a non-Face-to-Face Situation - The Canadian Real Estate Association
• Support to All Reporting Entities in Light of COVID-19 - Financial Transactions and Reports Analysis Centre of Canada

Economic Impacts

• *NEW* COVID-19 Reopening Dashboard (Posted June 30/20) - BCREA
• UPDATE: COVID-19 Economic Impacts Dashboard (Updated June 26/20) - BCREA
• Webinar Recording: "The End of The Beginning" and BC's Real Estate Sector & Economy (Posted May 28/20) - BCREA
• Is It Different This Time? Recessions and the BC Housing Market (Posted April 20/20) - BCREA

Supporting Clients

• Managing Online Communities While Returning to Operation (Posted June 12/20) - BCREA
• Communicating During Stressful Times (Posted April 19/20) - BCREA
• How to Deal with Stress and Anxiety During COVID-19 - The Canadian Real Estate Association
• Applications Open for Temporary Rental Supplement - BC Housing
• Sheltering in Place Can Lead to Neighbour and Roommate Conflicts - Landlord BC
• Information for Real Estate Consumers on COVID-19 - Real Estate Council of BC
• COVID-19: Understanding Mortgage Payment Deferral - Canada Mortgage and Housing Corporation

Professional Development

• PODCAST: Episode 6 - How to Stay Productive During COVID-19 (Posted April 30) - BCREA
• Helping REALTORS^® Invest in The Future: PDP Discounts During COVID-19 (Posted April 30) - BCREA
• Five Ways for REALTORS^® to Keep Busy During COVID-19 (Posted April 30) - BCREA
• Online Education During the COVID-19 Pandemic (Posted April 30) - BCREA

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