RECBC ensures the public is well served by real estate professionals who are ethical and competent. We are committed to the public interest and to ensuring the professionalism and integrity of the real estate industry.
We regulate the real estate profession in BC, enforcing the licensing and conduct requirements of the Real Estate Services Act for individuals and brokerages engaged in real estate sales, rental property and strata management.
To fulfill our responsibility for ensuring that the interests of consumers who use the services of licensed real estate professionals are adequately protected, we take action in four main areas.
We encourage public confidence by impartially setting and enforcing standards of conduct, education, competency and licensing for real estate professionals.
We determine the appropriate education to become a licensed real estate professional. Our licensing courses are delivered by the UBC Sauder School of Business, Real Estate Division.
Real estate professionals must complete continuing education in order to maintain their licences. Our continuing education courses focus on reinforcing practical competencies, ethical decision making, recent legislative or regulatory changes, and legal trends.
We license professionals and brokerages for real estate sales, rental property and strata management in BC.
Licensing is the foundation on which much of RECBC’s work is built. Real estate is a regulated profession in BC, and all professionals must hold a licence and renew it every two years.
Through our licensing processes we work to ensure real estate professionals are able to work competently and professionally, in order to ensure British Columbians can buy, sell, rent or lease real estate with confidence.
RECBC audits brokerages and real estate professionals throughout BC. Each year, our auditors visit hundreds of brokerages, and review annual filings and brokerage activity reports.
Making sure that brokerages are operating in accordance with the Real Estate Services Act, Regulation and Rules is an important part of our mandate to protect real estate consumers.
RECBC auditors are a valued resource to support brokerages to ensure they meet their regulatory requirements and maintain high standards in their business practices. When our auditors uncover issues at a brokerage, RECBC may take disciplinary action.
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RECBC addresses inquiries, concerns and complaints about the conduct of real estate professionals and brokerages and takes appropriate action to protect the public.
Real estate professionals in BC are accountable for their conduct and competence. RECBC’s investigation and discipline process enables members of the public to bring their concerns about a real estate professional to our attention, and ensures that professionals receive a fair and impartial investigation. Our hearings and disciplinary decisions are public.