BCREA’s new Standard Forms Resource Centre is now available for REALTORS® and managing brokers! The comprehensive platform is the new go-to for standard forms training materials and resources and was created to help REALTORS® and managing brokers make the most of BCREA standard forms and raise the bar professionally. To access the Standard Forms Resource
On September 16, BCREA will release seven new standard forms, three new clauses and a significant number of revisions to existing forms. Managing brokers are invited to join the virtual Managing Broker Community of Practice on Wednesday, August 19 at 10:00 am to learn more about the upcoming standard forms release. To register for the
On Episode 9 of Open House by BCREA, we ask the question: does racism exist in real estate in Canada? Joining our discussion and to help explore solutions we welcome three guests: Bethany King, a black Toronto-area Realtor who is advocating for change; Satnam Sidhu, a BC Realtor with 40 years of experience and time
BCREA conducted a follow-up survey on the impacts of COVID-19 faced by REALTORS®. The survey was completed by 1,950 Realtors from all boards between July 13 and July 20. A quarter of Realtors (26 per cent) continue to report no income from transactions since the end of May. Respondents’ most common reason for not receiving
As REALTORS®, you know that forms and clauses are at the heart of your day-to-day real estate practice. And we know that, too. BCREA is committed to providing you with high quality, relevant, and updated standard forms and clauses, so you and your clients can complete transactions with confidence. Over the coming weeks, we will
Posted byOana HyattB.Sc.(Pharm), LL.B. In BC, real estate contracts are only available in English. However, clients may prefer to communicate in a language other than English and may choose to work with a REALTOR® who can communicate in this language. When this happens, and especially when such clients have not purchased property in BC before,
By Ellen Baragon, Guest Contributor How many Canadians realize that unsafe radon gas exposure commonly found in some homes is the second leading cause of lung cancer in Canada, or that 3,360 Canadians died last year as a result? The spectre of radon gas exposure in homes has been a longstanding but little known health
The City of Vancouver’s Empty Homes Tax levies a tax against certain residential properties within the City of Vancouver based on how they are used. If an owner fails to make proper declarations or pay the proper tax, a lien can be issued against the property. When it comes to a real estate transaction, buyers
With an announcement on July 20, the BC Government is giving landlords and tenants information to help them plan for the near future. The ban on residential evictions for non-payment of rent will be lifted before September 1, which means full rent will be due in September. Repayment plans The government has published a repayment
The latest round of changes to the Canada Emergency Wage Subsidy (CEWS) program broaden its reach by allowing entities that use the cash method of accounting to use accrual-based accounting to calculate their revenues. This is one of the changes that the Canadian Real Estate Association (CREA) had advocated for to make the program accessible to