To open your own brokerage, you will be required to either satisfy the requirements for a broker's licence, or hire a managing broker for your company. To become licensed as an associate broker or managing broker in British Columbia, individuals must complete the Broker's Business Planning and Financial Management Licensing Course and satisfy an experience requirement. The BC Financial Services Authority provides descriptions of associate and managing broker duties and a helpful step-by-step guide and budget: Broker Licensing.
The Real Estate Division's goal is to ensure fair and consistent treatment of all students, including students with a disability, in accordance with their distinct needs and in a manner consistent with academic principles. UBC Centre for Accessibility works in partnership with the Real Estate Division and provides support on issues of accessibility for people with disabilities.
Examination accommodations enable you to demonstrate your knowledge of the course materials in cases where a disability may impact your ability to access exams under standard conditions. Examination accommodation must be approved by the Centre for Accessibility, and an accommodation letter must be received by the Real Estate Division prior to examination registration. As well, registration must be received by the Real Estate Division no later than six weeks prior to the examination date.
The following student support services are included in the course tuition fee:. It is important to note that the Real Estate Division has no ties with tutorial classes provided by other members or organizations of the real estate industry and does not monitor or check the services they provide. The Real Estate Division cannot be responsible for any information provided by these individuals or companies. Remember, there are no guarantees and the Real Estate Division works with all students to provide every opportunity for success.
Phone numbers, fax numbers, email addresses, etc. The Real Estate Division is divided into several different groups and has staff who specialize in specific areas. While any Real Estate Division staff member you talk to will do their best to help you, certain staff members deal with specific enquiries.
If you need help in one of the areas below, please ask for the appropriate staff person who can help you. Directions and parking information can be found at the How To Find Us area of the website. To determine which licensing course you should take, read the brief course descriptions on the Licensing Programs webpage. Follow the links for each individual course to find out more. For further information, please view the English Language Proficiency Requirement webpage.
The purpose of the ELPR is to provide information about an individual student's competency in English. Official copies of transcripts from the educational institution can be sent directly to the Real Estate Division office.
Depending on the course, students are required to submit and pass either multiple choice or multiple choice and written assignments in order to be eligible to register for the final exam. These assignments ensure that students are reviewing the course materials and provide feedback on their level of understanding. Limiting the frequency of assignments to two assignments per week is a Real Estate Division Licensing Course regulation which is in place for the best interests of both students and the public.
This regulation was arrived at after a great deal of consideration and after consultation with the BC Financial Services Authority. A number of factors were taken into account, including the increased volume and complexity of information contained in the licensing courses and also our observations of student completion and success rates. This regulation is intended to provide not only for a minimum level of familiarity with the course materials, but also for a reasonable expectation of success on the course examination.
Please see Course Regulation 2. Only 2 multiple choice assignments may be submitted in a particular week, regardless of how many assignments have been submitted in prior weeks.
Written assignments, if applicable, may be submitted at any time before 12 months from the date a student registers for a course regardless of how many multiple choice assignments have been submitted in that week. There is no exemption from Course Regulation 2. As educators our hope is, of course, that given the importance of a good educational basis for a career in real estate services, most students will wish to engage with the materials to a much greater extent than merely the minimum.
Our team is happy to help. Legal Update Anti-Money Laundering in Real Estate. Ethics for the Real Estate Professional. Designed for entry-level students who want to become licensed to sell real estate in British Columbia.
Designed for entry-level students who want to become registered to provide mortgage brokerage services in British Columbia. Designed for entry-level students who want to become licensed to provide rental property management services in British Columbia. Designed for entry-level students who want to become licensed to provide strata management services in British Columbia. Designed for students who are already licensed or have been licensed and want to become licensed as an associate broker or managing broker, want to license a brokerage or sole proprietorship, and for those licensees looking to increase their knowledge on topics such as business planning, financial accounting, human resources management and leadership.
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