Advocacy

Advocacy

BCREA is the voice of BC’s REALTORS®. In collaboration with the province’s eight real estate boards, we work with all levels of government to advocate for public policy that provides housing opportunities, ensures economic vitality, protects property owners, preserves the environment and builds better communities.

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Key Priority Topics

  • Housing Affordability
  • Real Estate Practice
  • Climate Change Preparedness
  • Consumer Protection

Housing Affordability

The BC housing market has experienced substantial price increases over the past decade. Many British Columbians have expressed concerns over declining listings and price increases. BC REALTORS® support policies that provide more housing opportunities that British Columbians can afford.

We maintain an ongoing dialogue with the BC Government on the following recommendations:

  • Increase housing supply across the housing continuum.
  • Implement policies to ensure that renters, first-time and move-up buyers have appropriate, affordable housing options.
  • Encourage the creation of more “missing middle” housing options.
  • Promote policies that speed-up the development process among local governments.
  • Take actions to address rising strata insurance costs.
  • Ensure fairness and effectiveness in real estate taxes.
  • Develop a provincial framework to remediate buildings used in drug production to ensure they can be safely reintroduced to existing housing stock.

Real Estate Practice

Changes to the practice of real estate should be made with care so consumers and REALTORS® have confidence in real estate transactions.

We maintain an ongoing dialogue with the BC Government on the following recommendations:

  • Ensure that the BC Financial Services Authority is a stable, efficient, world-leading regulator that gives Realtors a voice.
  • Revise the managing broker structure so that it provides adequate supervision for representatives without discouraging managing brokers from their practice.
  • Provide greater clarity about real estate teams conduct and professional activity.
  • Enhance the ability of Realtors to serve consumer needs.
  • Explore a separate license or designation for commercial real estate practice.

Climate Change Preparedness

BC REALTORS® support BC’s targets to achieve Paris emissions reductions targets for 2030 and reach net-zero by 2050. We are deeply concerned about the impacts of climate change on BC’s housing stock and homeownership in the face of increasingly common climate change-induced disasters such as floods and wildfires. REALTORS® do their part by continually familiarizing themselves with developments and trends related to energy efficiency and climate change preparedness.

We maintain an ongoing dialogue with the BC Government and key stakeholder groups on the following recommendations:

  • Improve the energy efficiency of existing homes through voluntary measures and incentives for property owners.
  • Ensure floodplain maps are updated and remain current, while ensuring sufficient funding to implement flood mitigation initiatives.
  • Propose policies that balance private property rights with public policy in the Agricultural Land Reserve.

Consumer Protection

As trusted advisors on the majority of real estate transactions, BC REALTORS® have an intrinsic interest in consumer protection. BCREA strives to continually increase professionalism and consumer confidence as ongoing operational priorities. We are committed to evolving our sector, practices and Realtor professionalism.

We maintain an ongoing dialogue with the BC Government on the following recommendations:

  • Enact changes to the real estate transaction framework that increase transparency and protections for consumers while balancing unintended consequences, such as impacts on housing affordability.
  • Improve the foundation of effective real estate policy through fulsome stakeholder engagement.
  • Address the root cause of many real estate consumer concerns, which is a mismatch between housing supply and demand.
  • Consult with BCREA, real estate boards and managing brokers to build a meaningful education for preparing new licensees.
  • Work with all levels of government and BCREA to ensure that money laundering has no place in real estate.
  • Reduce the harms caused by the ban on limited dual agency.

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    Updated CleanBC Roadmap Promises Energy Rating Tool for Homes
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    BC Financial Services Agency Becomes Sole Regulator for Real Estate
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    New BCREA Research Finds Funding is Key to Adequate Floodplain Mapping in BC
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    BCREA’s Virtual Government Liaison Days
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    Sustainable Homes: Understanding What Homebuyers Want
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    Update: Changes to the Real Estate Services Act and Move to Single Regulator
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    BCREA Advances Anti-Money Laundering Recommendations
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    Administrative Penalties Expanded
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    BCREA Advocacy 2020 Year in Review
    CleanBC Rebates Doubled
    New Cabinet Will Lead BC’s Economic Recovery
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    Regulator Takes a Step to Curb Strata Insurance Costs
    Continuing Strata Insurance Issues
    Climate Priority for BC Government
    Solutions to Address BC Housing Supply
    How REALTORS® Help Prevent Money Laundering in Real Estate: Setting the Landscape
    New Commercial Rent Assistance Program
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    UPDATE: Have Your Say on Changes to Administrative Penalties
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    September Survey Results on Economic Impacts of COVID-19
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    Webinar: BC Real Estate and the Election on Our Doorstep
    Three Election Questions REALTORS® Can Ask Candidates
    Planning for Post-COVID-19 Economic Recovery
    Federal Throne Speech Includes Housing in Economic Recovery Plan
    New COVID-19 Presumption in the Workers Compensation Act
    Transparency Registers Effective October 1
    Strata Insurance Update
    Action Plan for Economic Recovery to Achieve CleanBC Goals
    Monitoring COVID: BCREA Develops New Economic Resources
    Anti-Money Laundering Resources
    Province Revises Strata Property Act in Response to Insurance Crisis
    REALTORS® Continue to Be Hit Hard by Economic Slowdown from COVID-19
    REALTORS® Are Facing Significant Hardship Due to COVID-19
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    Get Flood Ready
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    Organized Real Estate Successfully Lobbies for Modernizing the Home Buyers’ Plan
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    A New Year and New Resources for REALTORS®: What to Expect From BCREA in 2020
    Improving the Role of Managing Brokers
    Getting it Right: Real Estate Regulation and Commercial Licensing
    New Anti-Money Laundering Initiatives in Development
    Reforming the Regulator
    Brokering a new deal for Managing Brokers
    Keeping Clients Out of Hot Water Over Groundwater Licencing
    Revised Council Disclosure Forms Better Meet Consumer Needs
    BCREA Brings REALTOR® Perspective to Inquiry into Money Laundering
    BCREA Prepares Recommendations for Province’s Review of Managing Brokers
    Ministry of Finance Announces Shift to Single Regulator
    BCREA Calls for Safer Homes at the 2019 UBCM Convention
    Money Laundering in Canada 2019
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    First-Time Home Buyer Incentive Launches in September