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Frequently Asked Questions – Trading Services Applied Practice Courses

 

After successfully completing the Real Estate Trading Services Licensing Course and Examination, learners may register for the Applied Practice Course – the next step to becoming a licensed real estate professional. 

To help you get the information you need about the Applied Practice Courses, we’ve collected some of the most commonly-asked questions about the courses.

To view an answer, simply click on the arrow beside each question.

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About the Course

Show/Hide Answer How do I register for an Applied Practice Course?

The British Columbia Real Estate Association (BCREA) delivers the Residential Trading Services Applied Practice Course and the Commercial Trading Services Applied Practice Course. 

You are eligible to register for the course once you have successfully completed the licensing examination.

Visit the BCREA website for more information on the schedule of course offerings and for details on registering.

Show/Hide Answer Why is the Applied Practice Course required?

The Council requires students to complete the Applied Practice Course to help ensure that new trading services licensees are fully prepared, and in order to protect consumers. The Applied Practice Courses accomplish this in two ways:

  1. by focusing on licensee practice within the framework of regulatory requirements, informing new trading services licensees about how to comply with the regulations to reduce the likelihood of complaints, and
  2. by providing hands-on, practical experience before licensing, so new trading services licensees are prepared to provide competent, professional real estate services to consumers.

Show/Hide Answer How long does it take to complete the Applied Practice Course?

The Applied Practice course includes online components, face-to-face classroom time, and field assignments that learners complete while working in their brokerage. 

Learners have up to six months to complete the course. Learners must complete the initial components of the new course before they can receive their licence. Once learners have received their licence, they may begin conducting real estate services and can proceed to complete the remaining portions of the course.

This diagram illustrates the flow of the Residential Trading Services Applied Practice Course:

Course structure diagram

Licensees who are completing components 3 and 4 of the Applied Practice Course are able to provide all the real estate services for which they are licensed. To learn more about the services real estate licensees provide, see Representative/Associate Broker Responsibilities.

Show/Hide Answer What does the Applied Practice Course cost?

The cost for either the Residential or the Commercial Applied Practice Course is $875.00 plus GST.

Show/Hide Answer When do students in the Residential Applied Practice Course receive a licence?

Learners who have successfully completed the Real Estate Trading Services Licensing Course and examination must complete the first two components of the new Residential Trading Services Applied Practice Course before they can receive their licence.

After successfully completing Components 1 and 2 of the course you are eligible to apply for licensing.  

Once you have received your licence, you will proceed to Component 3  of the course. As part of this component, you will complete field assignments under the supervision of your managing broker. 

If you do not successfully complete all components of the Applied Practice Course within the required timeframe, your licence will be revoked.

Pre-Licensing Requirements

  • Component 1: Online learning completed over 14 days. Learners should expect to complete assignments, participate in discussion groups, and use industry reference materials and forms.
  • Component 2:  Two days of in-class sessions. Focus is on role play to practice working with a buyer and seller using appropriate forms and licensee resources.

Post-Licensing Requirements

  • Component 3:  Learners complete practical field assignments which are submitted online over 4.5 months. Each assignment has clearly stated learning outcomes related to real estate services. Learners must have received their temporary licence, as they are required to be actively practising real estate in order to complete the assignments. There is no instructor presence in this component as learners complete the assignments while working in a brokerage and under the supervision of their managing broker.
  • Component 4: Final in-class day to review Agency, Disclosure and Contracts. Learners will address future professional development to strengthen their skills. 

Show/Hide Answer When do students in the Commercial Applied Practice Course receive a licence?

Learners who have successfully completed the Real Estate Trading Services Licensing Course and examination begin the new Commercial Trading Services Applied Practice Course before becoming licensed.

After successfully completing Component 1 of the course you are eligible to apply for licensing.

Once you have received your licence, you will proceed to Components 2, 3 and 4 of the course. During Component 3, you will complete field assignments under the supervision of your managing broker. 

If you do not successfully complete all components of the Applied Practice Course within the required timeframe, your licence will be revoked.

Pre-Licensing Requirements

  • Component 1: Online learning completed over 14 days. Learners should expect to complete assignments, participate in discussion groups, and use industry reference materials and forms. This pre-licensing component consists of online modules on agency, disclosures and contracts from a commercial perspective.  

Post-Licensing Requirements

  • Component 2:  Two days of in-class sessions focusing on case studies and writing contracts.
  • Component 3:  Learners complete six practical field assignments which are submitted online over 4.5 months. Each assignment has clearly stated learning outcomes related to real estate services. Learners must have received their temporary licence, as they are required to be actively practising real estate in order to complete the assignments. There is no instructor presence in this component as learners complete the assignments while working in a brokerage and under the supervision of their managing broker.
  • Component 4: During this final in-class day learners attend the Real Estate Errors and Omissions Insurance Commercial Legal Update Course.

 

 

For Learners

Show/Hide Answer I’ve registered for the Residential Applied Practice Course. When should I apply for my licence?

In order to be eligible for licensing to provide trading services you must have:

  • passed the Real Estate Trading Services Licensing Examination in the past twelve months, and 
  • successfully completed Components 1 and 2 of the Residential Trading Services Applied Practice Course.

As soon as you have started the Applied Practice Course, you may mail or courier your completed licence application, along with all required documents and the appropriate fee, to the Council. Your licence application will be considered once you have completed the pre-licensing components of the Applied Practice Course.

There is a two- to three-week break in the Applied Practice course before the post-licensing components begin, to allow sufficient time for prospective licensees to receive their licences. In order to complete the assignments in the post-licensing components, you must be licensed to conduct real estate services.

To avoid unnecessary delays in licensing you are encouraged to obtain a criminal record check and make arrangements with a brokerage for employment before beginning the Applied Practice Course. Please review the Step by Step Licensing Guide for full details on applying for licensing.

Show/Hide Answer I’ve registered for the Commercial Applied Practice Course. When should I apply for my licence?

In order to be eligible for licensing to provide trading services you must have:

  • passed the Real Estate Trading Services Licensing Examination in the past twelve months, and 
  • successfully completed Component 1  of the Commercial Trading Services Applied Practice Course.

As soon as you have started the Applied Practice Course, you may mail or courier your completed licence application, along with all required documents and the appropriate fee, to the Council. Your licence application will be considered once you have completed the pre-licensing components of the Applied Practice Course.

There is a two- to three-week break in the Applied Practice course before the post-licensing components begin, to allow sufficient time for prospective licensees to receive their licences. In order to complete the assignments in the post-licensing components, you must be licensed to conduct real estate services.

To avoid unnecessary delays in licensing you are encouraged to obtain a criminal record check and make arrangements with a brokerage for employment before beginning the Applied Practice Course. Please review the Step by Step Licensing Guide for full details on applying for licensing.

Show/Hide Answer Where can I find more information about the course?

Contact the Real Estate Council of BC’s Education department at education@recbc.ca or the British Columbia Real Estate Association at apc@bcrea.bc.ca

 

For Managing Brokers

Show/Hide Answer What are my responsibilities to support new licensees in my brokerage during Component 3?

As a managing broker, you are responsible for the supervision and conduct of related licensees as required under  Section 6(2) of the Real Estate Services Act and section 3-1 of the Rules. How a managing broker chooses to supervise a new licensee is not defined by the Act and is left to the discretion of each individual managing broker.

New licensees must complete the self-paced practical field assignments required in the Residential and Commercial Trading Services Applied Practice Courses within the first six months of licensing. Managing brokers are responsible for ensuring that new licensees with their brokerage complete the assignments competently and in accordance with the Act, Regulations and Rules.

The practical field assignments are designed to assist new licensees in developing the appropriate competencies to complete a real estate transaction in accordance with the Real Estate Services Act, regulations and Rules:

Residential Applied Practice Course – Practical Field Assignments

  • Assignment 1: Listing a Property for Sale – Representing a Seller
  • Assignment 2: Establishing Agency and Providing Trading Services to or on behalf of a Buyer
  • Assignment 3: Holding an Open House – Your Agency Responsibilities
  • Assignment 4: Researching Properties
  • Assignment 5: Presenting an Offer and Negotiating a Counter-Offer
  • Assignment 6: Drafting an Enforceable Contract of Purchase and Sale

Commercial Applied Practice Course – Practical Field Assignments

  • Assignment 1: Listing a Property for Sale – Representing a Seller
  • Assignment 2: Establishing Agency and Providing Trading Services to or on behalf of a Buyer
  • Assignment 3: Showing a Property – Your Agency Responsibilities
  • Assignment 4: Researching Properties
  • Assignment 5: Drafting an Enforceable Commercial Contract of Purchase and Sale or an Offer to lease – either for a client or customer
  • Assignment 6: Presenting an Offer and Negotiating a Counter-Offer

By completing the practical field assignments, licensees will review and develop skills related to the core concepts of agency, disclosure and contracts. They’ll become familiar with using appropriate forms, conducting research and using industry resources including the Professional Standards Manual.

To assist the managing broker in fulfilling their responsibilities, Component 3 of the new Applied Course provides detailed instructions and resources relating to the practical field assignments. For more information, specifically designed for managing brokers, see the Managing Broker Toolkit developed by BCREA.

Show/Hide Answer Are there restrictions on what a new licensee is able to do while completing the Applied Practice Course ?

After completing the initial components of the Applied Practice Course, students in the course receive a temporary licence which enables them to conduct real estate services while they are completing the post-licensing components of the course.

Licensees may conduct the full range of trading services activities with a temporary licence. However, licensees must complete the post-licensing components of the course within 6 months of receiving their licence, or the licence may be revoked.  To learn more about the services real estate licensees provide, see Representative/Associate Broker Responsibilities.

 

Show/Hide Answer Is there more information for managing brokers on the Applied Practice Courses?

Yes. The BCREA has developed two  Managing Broker Toolkits and pre-recorded training webinars for managing brokers to assist them in understanding the new format of the courses, their content, and the ways that new licensees can be supported as they progress through the Applied Practice courses. These resources are available from BCREA’s website.

Show/Hide Answer When I’m recruiting, how should I explain the licensing process?

In order to qualify for licensing, new licensees at your brokerage must:

  • successfully complete the Real Estate Trading Services Licensing Course and Exam, AND
  • register for and complete the pre-licensing components of either the Residential or Commercial Trading Services Applied Practice Course.

As soon as your prospective licensee has started the Applied Practice Course, they may mail or courier their completed licence application, along with all required documents and the appropriate fee, to the Council. The licence application will be considered once the prospective licensee has completed the pre-licensing components of the Applied Practice Course.

There is a two- to three-week break in the course before the post-licensing components begin, to allow sufficient time for prospective licensees to receive their licence.  In order to avoid any unnecessary delays in licensing, you can encourage your prospective licensees to obtain a criminal record check before beginning the Applied Practice Course. 

Prospective licensees can review the Step by Step Licensing Guide for full details on applying for licensing.

 

Show/Hide Answer Who teaches the Applied Practice Course?

Instructors in the Applied Practice Course are experienced and knowledgeable industry professionals. The British Columbia Real Estate Association requires all instructors to prepare for teaching the Applied Practice Course by completing the following:

  • a one-month online facilitation course: Instructional Skills Workshop Online through Royal Roads University,
  • an Instructor Dry Run,
  • hands-on training sessions with BCREA, and
  • an audit of the Applied Practice Course.

 

Show/Hide Answer Where can I find more information about the course?

Contact the Real Estate Council of BC Education department at education@recbc.ca or the British Columbia Real Estate Association at apc@bcrea.bc.ca.