New Tutorial Videos Focus on Common Standard Forms

Jan 20, 2021

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Posted by
April van Ert
Communications Manager

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BCREA has added to its suite of video tutorials for REALTORS® on key standard forms with the launch of three new video series:

  • Contract of Purchase and Sale
  • Listing Contracts
  • Buyer’s Agency Exclusive Contract
  • The Contract of Purchase and Sale series explains some of the most important aspects of this standard contract that is a central component of real estate transactions. Topics explored in this series include deposits, completion, possession and adjustment dates, included and excluded items as well as risk and assignments.
     
    The Listing Contracts series covers the two types of listing contracts in BC: the Multiple Listing Contract and the Exclusive Listing Contract. In the videos, we explore the similarities and differences between the two. The videos also look at how to explain each of these types of contracts to a client as well as some of the standard contract terms.
     
    The Buyer’s Agency Exclusive Contract series helps Realtors better support buyers, meet regulatory requirements and reduce risk. The videos explore key aspects of the Buyer’s Agency Exclusive Contract, including the responsibilities of each party, remuneration and conflicts of interest. It also covers when it might be appropriate to use the Buyer Agency Acknowledgement form, appointment of a designated agent, and the collection, use and disclosure of personal information.
     
    Access More Standard Forms Resources
     
    As part of BCREA’s commitment to Realtor professionalism, we regularly create new resources to ensure Realtors can work with standard forms with confidence. On the bcrea.bc.ca website, go to our standard forms page or search “standard forms” to see our most recent blog posts, like this one covering the Top Three Questions About the Privacy Notice and Consent Form.
     
     For more in-depth resources, including training toolkits that offer a comprehensive look into a variety of common standard forms, visit the Standard Forms Resource Centre on RealtorLink®.
     
    If you’re new to the Standard Forms Resource Centre, you can take a quick video tour here. If you’re a new Realtor or new to BCREA’s standard forms, then check out this short video.

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