To register in the Broker's Business Planning and Financial Management 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 five years as a broker or associate broker outside of British Columbia. (Note: In order to obtain the broker licence, licence applicants must ensure they satisfy section 11 of the Real Estate Services Rules, which requires two-years experience.)
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.
The Real Estate Services Act also requires that every applicant for a licence be of “good reputation”. General business and personal reputation, in addition to criminal convictions and charges under the Criminal Code of Canada, contraventions to Federal or Provincial statutes, or previous discipline by a professional body will be reviewed when considering an applicant’s “good reputation”. If you have concerns about your eligibility for licensing as it relates to good reputation, you may want to review BCFSA’s Good Reputation Guidelines before registering in a licensing course.
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 BC Financial Services Authority at +1 604.660.3555 or toll-free at 1.866.206.3030 prior to registration to confirm their licensing status.