Real Estate As A Career
Your decision to undertake a career in real estate, as with the choice of any vocation, merits very careful consideration. Before you register for a real estate course, you should read the Real Estate As A Career information provided by the Real Estate Council of British Columbia (RECBC). This may help you determine whether or not the real estate vocation is for you. Please note that in order to be eligible for real estate licensing in the province of British Columbia, section 10(b)(i) of the Real Estate Services Act requires that an applicant for licensing is at least 19 years of age.
Associate Broker Licensing - A Step By Step Guide and Budget
In order to become licensed as an associate broker in British Columbia, individuals must complete a number of requirements. The Real Estate Council of British Columbia (RECBC) provides a Step By Step Guide and Budget for individuals who would like to become licensed as an associate broker.
Managing Broker Licensing - A Step by Step Guide and Budget
In order to become licensed as a managing broker in British Columbia, individuals must complete a number of requirements. The Real Estate Council of British Columbia (RECBC) provides a Step By Step Guide and Budget for individuals who would like to become licensed as a managing broker.
Course Pre-Requisites and Registration Requirements
Individuals may be licensed at the broker level for a single service licence category or a combination of service categories (e.g., trading and/or rental and/or strata management services). When upgrading to the broker level, an individual will continue to be licensed in the same categories that they were licensed for as a representative. Should an individual wish to add service categories to their licence, the appropriate Supplemental Course(s) must be completed.
Students are strongly advised to contact the Real Estate Council of British Columbia at (604) 683-9664 or toll-free at 1-877-683-9664 prior to registration to confirm their licensing status.
In order to register in the Broker's Licensing Course, course candidates must have completed not less than six months' licensed service in British Columbia at the time of registration, or two years' licensed experience in the past 5 years as a broker or associate broker outside of British Columbia. (Note: licence applicants must ensure they satisfy section 2-10 of the Council Rules, the two-year experience requirement.)
Overview and Course Content
The Broker's Licensing Course is administered on behalf of the Real Estate Council of British Columbia (RECBC). The course is designed to provide the licensing education requirements for those individuals who wish to become licensed as a brokerage, managing broker or associate broker. Managing a successful real estate office demands both a strong background as a representative and an understanding of how to operate a business, including: basic business accounting, administration of salaried staff, leading and motivating licensed representatives, and progressive marketing in a highly energized industry. In short, this course introduces all aspects of the operation of a real estate office. For detailed course content information, please view the Table of Contents.
Course Format and Course Requirements
All Licensing Courses are offered by correspondence in a self-paced format. This format allows students to register and begin the course at any time and to work at their own pace. Although there are no due dates for assignments in the courses, students must complete all of the assignments within one year of registration in their course or face mandatory suspension. Course materials are usually dispatched via courier within three to five business days of registration.
The Hewlett Packard (HP) 10BII calculator will be used in the demonstration of analytical techniques in the program of studies; however, there are a variety of pre-programmed financial calculators on the market, some of which will perform more sophisticated calculations or have greater programming capacity. You may use any financial calculator for the course and examination, providing it is silent, cordless, handheld and not alphanumeric and programmable. Many stationary and department stores sell the HP 10B II and you are encouraged to "comparison" shop because discount or sales prices are often available. If you are unable to locate the HP 10BII calculator in your area, one can be purchased online at the Real Estate Division Bookstore.
All students must have access to a personal computer, a printer, and the Internet (including email) when taking any Real Estate Division course. You will find that a computer is a very helpful tool in submitting your assignments, viewing your assignment answer guides, and for creating effective study notes to help you prepare for your examination. As well, all Real Estate Division courses include online resources and if you do not have internet access or an email address, you will not be able to take advantage of these resources. Please note that a current web browser (equal to or higher than Internet Explorer 7, Firefox 2, or Safari 4) is needed to view the Course Resources webpage.
Tuition
Your tuition fee includes all of the appropriate course materials (e.g. manual, workbook, and handbook) and your first examination registration provided it is on a regularly scheduled examination date. Calculators are sold separately.
Broker's Licensing Course: $875
Please note that tuition fees are subject to change and a minimum withdrawal reduction of $200.00 will apply once your registration has been processed. No refund of course fees will be available unless a withdrawal request is received by our office within one month of your registration date.
Student Support Services
Tutorial assistance with the course material is available from our course specialists, through a toll-free number and through email. As well, the Course Resources section of our website contains learning resources designed specifically for licensing course students, including announcements, updates, schedules and tutorial information. Students also have access to online assignment submission, downloadable answer guides and to other internet tools which enhance their learning experiences.
Examination
At the end of the course, you must write a final examination. To be eligible to register for the final examination, all assignments must be submitted, marked and passed within 12 months of your initial registration in the course.
Regularly scheduled examinations take place at various times throughout the year. The Real Estate Division has a number of established exam centres across British Columbia, however, students who wish to write in a location other than an established exam centre may apply for a Special Examination Centre (please note that Licensing examinations are not offered outside of Canada). The fee to have a Special Examination Centre established within Canada is $200. Due to the complexity of establishing new centres in numerous locations, the Real Estate Division cannot guarantee your choice of location but will endeavour to accommodate you.
Students may choose to write their exam at the Computerized Examination Centre (CEC) located at the University of British Columbia rather than writing on the regularly scheduled examination dates. The CEC allows students the option of writing examinations in a quiet, comfortable environment, and at a time that may be more convenient for them.
In order for you to be permitted to write an examination, you must be able to present, at the examination centre on the day of the examination, an Examination Admission Ticket with your Passport Photo attached (no exceptions). You must also be able to present acceptable secondary photo identification.
Exemptions/Challenges
In certain cases, course exemptions are available based on previous related experience or education. Details are set out in the Real Estate Educational Guidelines provided by the Real Estate Council of British Columbia.
If the Real Estate Council of British Columbia has provided you with permission to challenge the course by writing the examination only, please read the Broker's Challenge Package and Examination Information. Students may wish to purchase the Challenge Package before registering for the examination.
If you would like to register for the next regularly scheduled examination or at the CEC, please download the Challenge Examination Registration Form. If you have registered for the challenge package, please submit your exam registration online through your course resources webpage.
DO NOT download the challenge exam registration form if you are currently registered in the Broker's Licensing Course.
Inter-Provincial Candidates
Visit the Real Estate Council of BC's Jurisdiction webpage for more information.
Rewrite/Deferred Candidates
The following candidates are considered to be rewrite or deferred candidates:
- Rewrite Candidates - Those who have previously written the examination and failed and wish to rewrite.
- Deferred Candidates - Those who have successfully completed all of their assignments and were scheduled to write the examination but postponed and did not write.
If you are a rewrite or deferred candidate, please read the Broker's Challenge Package and Examination Information. Students may wish to purchase the Challenge Package before registering for the examination.
If you would like to register for the next regularly scheduled examination or at the CEC, please download the Special Examination Registration Form. If you have registered for the challenge package, please submit your exam registration online through your course resources webpage.
DO NOT download the special exam registration form if you are currently registered in the Broker's Licensing Course.
Challenge Package
The Challenge Package, which costs $350, assists students who have received permission to challenge the examination or those who have outdated materials from which to study. The Challenge Package includes the course materials (such as the course manual, student handbook, course workbook and answer guides), access to the Course Resources webpage and the central tutor support service.
The following candidates are eligible to purchase the Challenge Package:
- Individuals who have been provided with a written confirmation of a course exemption from the Real Estate Council of British Columbia.
- Students who have successfully completed all of their assignments and were scheduled to write the examination, but postponed and did not write or those who have previously written the examination, failed, and wish to rewrite.
Eligible candidates should read the Broker's Challenge Package and Examination Information.
If you would like to purchase the Challenge Package, please download the Broker's Challenge Package Registration Form.
Please note that if you prefer, you can purchase some course materials individually from the Bookstore, however, the course workbook, answer guides, student handbook and access to the Course Resources webpage are only available with the Challenge Package.
Real Estate Services Act Relicensing Education Program (REP)
The Real Estate Council of British Columbia has determined that to satisfy the Relicensing Education Program elective course requirements, licensees may choose licensing supplemental courses and exams (Trading Services, Rental Property Management or Strata Management) or the Broker’s course and exam. As well, licensees may choose courses in the following UBC Real Estate Division programs. For information regarding these courses and their registration requirements, please follow the appropriate links:
Accommodation for Students with Disabilities
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.
Services are available through UBC Access and Diversity, and candidates who have physical, sensory or specific learning disabilities are encouraged to contact the Real Estate Division to make appropriate arrangements. Students requiring special exam accommodation must contact the UBC Disability Resource Centre at least 2 months prior to their examination date.
Course Regulations
View a copy of the full Course Regulations from the Real Estate Division Student Handbook.
Registration
If you would like to register for this course, either online or by registration form, please go to the Registration webpage.
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