How To Become A Licensed Real Estate Agent.
Below you'll find resources on how to become a Real Estate Trading Services Representative in British Columbia:
Under the direction of the Real Estate Council of British Columbia, the Real Estate Division of the University of British Columbia is responsible for administering the Real Estate Trading Services Licensing Course
The course takes a minimum of ten weeks to complete all of the required assignments, plus extra time to book and take the examination. The course can be taken at a more leisurely pace, depending on your schedule. The examination itself can either be done on one of the pre-determined examination dates, or you may decide to pay an additional fee to take the exam on a computer at UBC. The benefit of the latter is that you normally receive your result within 24 hours as opposed to 2-3 weeks.
Once you passed the UBC Licensing exam, you will be required to apply for the new rigorous 6.5 months long applied course. The Residential Trading Services Applied Practice Course is a requirement of licensing and is designed to provide practical training in real estate to new licensees which, together with the Real Estate Trading Services Licensing Course, will enable them to confidently and effectively serve the public's real estate needs in a professional manner.
This new applied course started in 2015 and consist of a four (4) components to obtain your full license.
- Component One: In this two-week online component, learners acquire the knowledge needed to apply and practice the requirements of agency, disclosure and drafting enforceable contracts. This component builds on the concepts introduced in the Licensing Course and provides learners with opportunities to assess and build on their competencies through the use of activities, quizzes, discussion forums and Gateway Assessments. This component is asynchronous and is facilitated by two experienced instructors.
Once you pass component 2 you will be granted a temoprary license that will last for 4.5 months. During this 4.5 months the temporary licensee will have to complete Component 3 and 4 in this timeframe.
- Component Two: This component of the course is facilitated over two days and is classroom based. Through the use of immersive role-play, learners practice and apply the knowledge acquired in component one. Videos, case studies and industry standard forms are resources used to enhance the learner’s overall knowledge of the core concepts of agency, disclosure and contracts. Learners should come prepared to actively participate in this engaging two-day intensive component. This component is offered over two days and is facilitated by two experienced instructors in the classroom.
- Component Three: This component consists of the completion of six practical field assignments over 4.5 months. Each assignment has clearly stated learning outcomes, instructions for completion, supporting resources and reflection questions. Learners must have received their temporary licence, as they are required to participate in activities requiring a real estate trading services licence in order to complete this component. This component is conducted in a brokerage setting and is supported by online resources. There is no instructor presence in this component of the course as learners are completing the assignments while working in a brokerage and under the supervision of their managing broker.
See more at: BCREA Applied course info
- Component Four: This final component of the course provides learners with a
final in-class day to review agency, disclosure and contracts. Learners will also address future professional development to strengthen their skills. This final one-day classroom-based component is facilitated by an experienced instructor.
Choosing the right Brokerage for you is the key - and we recommend that you take the time to interview several brokerages to determine who will help you meet your work objectives. One of the keys is to find out how a Brokerage will help you through the rigorous Applied Practice Course.
With New Coast Realty, we will train and guide you throught the entire applied course to ensure you understand everything you need to know. All of our Managing Brokers are available for personal consultations should you have any questions not covered in our lessons.