The Real Estate Trading Services Licensing Course is administered on behalf of the Real Estate Council of British Columbia (RECBC). The course provides part of the licensing education requirements for those who wish to become licensed as a trading services representative. For detailed course content and administration information, please view the Table of Contents and Course Regulations.
This blended learning course allows you to register at any time. While the course is flexible in order to meet the needs of busy adult learners, it provides just enough structure to ensure high quality learning (for example, in order to provide for a minimum level of familiarity with the curriculum and for a reasonable expectation of success on the final examination, assignments may be submitted on a pace that is no greater than 2 assignments per week beginning on the Course Registration Date). You must complete all course assignments within one year of registration in the course and also pass a final examination. Regularly scheduled exams take place at various times throughout the year throughout the province (exams must be written in Canada) and your first written examination registration is included with the course tuition fee. You may also choose to take your exam at the computerized exam centre (CEC) at UBC for an additional fee.
Pre-requisites & Language Proficiency Requirement (LPR)
English is the language of contracts in British Columbia and the language of instruction in the Real Estate Division's licensing courses. In order to ensure that licensees are competent to communicate in English, with other licensees and consumers, the Council has required a language proficiency requirement since 1994. While there are no pre-requisites to register in the licensing course, the LPR must be satisfied before you can register for an exam. For more information on LPR exemptions or the LPI examination, view How to Satisfy the Language Proficiency Requirement. As well, 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. Students should also note that all of the Real Estate Division’s courses have some level of mathematical calculations required. This course has material that contains detailed financial calculations which require a financial calculator.
Trading Services Applied Practice Course (APC) Information
Completing the Real Estate Trading Services Licensing Course satisfies part of the licensing education requirements in British Columbia for a representative's licence restricted to provide real estate trading services. After you pass the Real Estate Trading Services Licensing exam, you will need to complete the Residential or Commercial Trading Services Applied Practice Course offered by the British Columbia Real Estate Association (BCREA). This course, which must be taken by all trading service representatives, is intended to build upon the technical knowledge provided in the Real Estate Trading Services Licensing course. For more information on the Applied Practice Course, including tuition and course schedules, please review the information at BCREA APC or contact the British Columbia Real Estate Association at (604) 683.7702.
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 Real Estate Council of British Columbia provides descriptions of associate and managing broker duties and a helpful step-by-step guide and budget: Broker Licensing. If you have questions regarding Broker’s licensing, please contact the Real Estate Council of British Columbia at (604) 683-9664 or toll-free at 1-877-683-9664.
The following student support services are included
in the course tuition fee:
- Tutorial assistance from our course specialists, through a toll-free number and email.
- Face-to-face classroom and online lectures/workshops, designed to assist you in learning the concepts covered in the course manual. Attend optional classroom lectures, or access the video and audio recordings at any time. Classroom lecture series start in January, April and September, and lead up to regularly scheduled exams.
- Online course resources, containing course updates, study materials, schedules, discussion forums, and tutorial information.
You are encouraged to take advantage of the Tutorial Assistance and Classroom Lectures provided with your course rather than spending additional money on external services. Online video and audio tutorials are also included with your course for a number of topics, including the HP 10BII/10BII+ calculator.
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. External tutorial companies regularly make false claims, such as "only 30% of students pass the exam" or "we'll guarantee that you will pass the exam", so that you will spend your money with them. Remember, there are no guarantees and the Real Estate Division works with all students to provide every opportunity for success.
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. UBC Access and Diversity (A&D) works in partnership with the Real Estate Division and provides support on issues of accessibility for people with disabilities. A&D 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.
Students who may have an on-going disability or medical condition that requires accommodation must contact UBC Access and Diversity by telephone: 604.822.5844 or email: email@example.com at least two months prior to the anticipated examination date. Processing times for examination accommodation will vary so we encourage students to discuss their needs with A&D as soon as possible.
- General Issues
- How do I contact the Real Estate Division?
Phone numbers, fax numbers, email addresses, etc. can
be found at the Contact Us
area of the website.
- When I phone the Real Estate Division about the
licensing courses, should I talk to a specific person?
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.
- help with course planning, exemptions, etc - ask to speak to
the Admissions Officer or a Course Representative.
- help with administrative issues, such as course registration,
assignment processing, exam registration - ask to speak to a
Course Representative or Exams Coordinator (specify which course
you are interested in)
- help with course content - ask to speak to a Tutor (either "law" or "non-law")
- If I am coming to the Real Estate Division, how
do I get there and where do I park?
Directions and parking information can be found at the
How To Find Us area of the
- Which licensing course should I take?
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.
- Language Proficiency Requirements
- Is there a language requirement for licensing courses?
Yes, completion of the Language Proficiency Index
(LPI), or a recognized equivalent, is one of the requirements for
licensing courses. For further information on the recognized
equivalents, please view the Language Proficiency Requirement webpage.
- Does everyone have to satisfy
the language proficiency requirement?
Real Estate Trading Services, Mortgages, Rental Property Management, and Strata Management licensing
course students must satisfy the language proficiency requirement.
- What is the purpose of the
Language Proficiency Index (LPI)?
The purpose of the LPI is to provide information
about an individual student's competency in English.
- If I need to write the Language
Proficiency Index (LPI) examination, where can I get information?
Information on the LPI examination can be found on the Language Proficiency Requirement webpage, in your
course registration package, at LPI's website
or by contacting the LPI office directly at (604) 822-4146.
- If I am seeking exemption
from the language proficiency requirement, where can I get information?
Information on exemptions from the language proficiency
requirement can be found on the Language Proficiency Requirement webpage.
- If I am seeking exemption
from the language proficiency requirement, where do I send my official
Official copies of transcripts from the educational
institution can be sent directly to the Real Estate Division office.
- Course Assignment Issues
- Do I need
to complete assignments for the licensing courses?
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.
- Why can I only submit 2 assignments per week in this course?
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 Real Estate Council of British Columbia. 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 2.02 (4) and (5) for more information.
- If I don't submit an assignment for a few weeks, what happens?
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.
- Can I get an exemption from the 2 assignment per week regulation based on my experience, education and commitment to full time studies?
There is no exemption from Course Regulation 2.02 (4). 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. 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.
- Examination Issues
- What is the format of the final examination?
The Real Estate Trading Services Licensing Examination will be three hours in length and contain 100 questions in a multiple choice format, each worth one mark. All supplemental examinations will be two hours in length and contain 60 questions in a multiple choice format. Inter-provincial examinations will be two hours in length with 50 questions in multiple choice format.
- What is the passing grade on the examination?
Seventy (70) percent is a passing grade. A passing grade sets the minimum level of performance needed to practice in a profession, as determined by the regulatory body. The passing grade needed must be high enough to protect the public but not so high as to unreasonably limit the number of those who wish to practice.
- I read that only about 26% of candidates who write the exam will pass it and the exam is used to limit the number of licensees/registrants in the business? Is this true?
No, this is not true, although extremely low passing grades are sometimes made up and reported by tutorial outfits who are looking for your business. The pass rate for each sitting of the exam varies, however, the majority of students who write the exam will pass. The UBC Real Estate Division, the Real Estate Council of British Columbia and the Financial Institutions Commission of British Columbia do not try to limit the number of students who pass the exam - they are only concerned with the fact that those who do pass the exam have the prerequisite knowledge to be likely to not harm the public.
- Applied Course Information
- After I pass the licensing
exam, do I need to take another course
Real estate trading services representatives will need to complete either the Residential or Commercial Trading Services Applied Practice Course (formerly the Applied Real Estate Course - post-licensing) offered by the BC Real Estate Association.
This course, which must be taken by all real estate representatives,
is intended to build upon the technical knowledge provided in the
- Will I be sent information
about the post-licensing course, and if so, when?
All post-licensing course information can be found on BCREA's website.
- I would like more information
from the BC Real Estate Association about the applied course, how
do I contact them?
Visit BCREA's website
or call them at (604) 683-7702.
If you do not see your question listed here, please contact us.
- Licence Renewal
- I would like to renew my representative's
licence. What do I do?
All candidates who are seeking to renew their licence should contact the Real Estate Council of British Columbia.
The Real Estate Trading Services Supplemental Course is available to those licensees who are currently licensed, eligible to be licensed, or who have written a full licensing exam within the last year and wish to become licensed to provide additional real estate services. The Course Schedule gives you an indication of the topics and lessons included.
Students should confirm their eligibility for a supplemental course before registration. As well, depending on eligibility, some students may be required to write the full three hour exam. Please note, upon successful completion of the examination and prior to making application for licensing, all Real Estate Trading Services licensing applicants must register for either the Residential or Commercial Applied Practice Course, delivered by the British Columbia Real Estate Association.
Tuition for the Supplemental Course is $775.
In certain cases, course exemptions are available based on previous related experience or education. If you are currently licensed and wish to add a service to your licence, you are required to complete the Supplemental Course and Examination. Details about course exemptions are set out in the Educational & Licensing Guidelines provided by the Real Estate Council of British Columbia.
The Challenge Package assists students who have received permission to challenge the examination. The Challenge Package includes the course materials (such as the course manual, student handbook, course workbook, answer guides and the exam study guide), access to the Course Resources webpage and the central tutor support service.
Tuition for the Challenge Package is $350.
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.
Eligible candidates should:
- Read the Challenge Package and Examination Information
- Download and submit the Challenge Package Registration Form
Please note that as an alternative to purchasing the Challenge Package, 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.
If the Real Estate Council of British Columbia has provided you with permission to challenge the course by writing the examination only, and you wish to register for the next regularly scheduled examination or a CEC examination without purchasing a Challenge Package, you should:
- Read the Challenge Package and Examination Information
- Download the Challenge Examination Registration Form
DO NOT download the challenge exam registration form if you are currently registered in the Real Estate Trading Services Licensing Course.
NOTE: You must write the licensing examination within one year of the date your request was granted. Under the Council Rules, you are allowed two attempts at passing the examination. If you fail the exam on your first attempt, you must wait 90 days before writing the exam a second time. If you write the exam a second time, you must do so within two (2) years of the date your request was granted. If you do not write the examination within the time limit, or if you do not pass the examination after two attempts, you must complete the full licensing course and examination in order to qualify for licensing.
Inter-provincial candidates (those wishing to transfer their licence from another province/territory to British Columbia) should visit the Real Estate Council of BC's Jurisdiction webpage for information.
Tuition and Registration
Real Estate Trading Services Licensing Course: $1,150 Register Now
Real Estate Trading Services Supplemental Course: $775 Register Now
Visa, Mastercard, Certified Cheque, and Money Order only. Cash and personal cheques are not accepted.
WHAT'S INCLUDED: Your tuition fee includes all of the appropriate course materials (e.g., manual, workbook, and handbook - usually dispatched via courier within three to five business days of registration), access to student support services (e.g., classroom lectures, online video and audio presentations), and your first examination registration provided it is on a regularly scheduled examination date. Calculators are sold separately.
Please note that tuition fees are subject to change and a minimum withdrawal reduction of $200 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.
Calculator and Computer
In addition to the materials and resources provided with your course tuition, you'll need a financial calculator (the Hewlett Packard (HP) 10BII/10BII+ calculator is used in the course materials), a computer, internet access and an email address. You may use any financial calculator for the course and exam, providing it is silent, cordless, handheld and not alphanumeric and programmable. You can purchase the HP10BII+ calculator online at the Real Estate Division Bookstore or have one included in your course package when you register online.