referral fee means remuneration paid to any person who refers another person to a licensee or a licensee to another person for the purposes of
a licensee providing real estate services.
(a) when a referral fee is received by a brokerage in relation to trading services, and the only trading service provided by the brokerage is the referral of a person to a licensee or a licensee to a person for the purposes of
a licensee providing real estate services; or
In all other situations, a licensee must either satisfy an exemption or comply with RESA, the Regulations, and the Rules if
the licensee provides real estate services.
The Office of the Superintendent of Real Estate is requesting feedback on proposed rules governing the conduct of
licensees providing real estate services in British Columbia.
A transaction
licensee provides real estate services without having any agency relationship with a consumer.
When
licensees provide real estate services to developers, they must do so through the brokerage with which they are licensed rather than directly with the developers.
Not exact matches
(D) A REALTOR ® may file annually with the REALTOR ®'s primary board on a form approved by the National Association a list of the
licensees affiliated with that entity that are authorized to
provide mortgage loan origination
services based upon their
real estate license and shall certify that those
licensees included on the list are solely engaged in mortgage loan origination and are not engaged in listing, selling, leasing, managing, counseling or appraising
real property.
I appreciate the arguement you make with having
licensees being required to measure a home in person as a means of eliminating the long distance back alley
service but, alas, the nature of this type of licensed
real estate agent will likely attempt to pass the responsibility onto the seller to
provide documentation of square footage or have the seller pay for a measurement
service.
Plaintiff, a professional photographer,
provides real estate photography
services to
real estate licensees and brokers.
There are other associations that can do more for their careers and marketing contacts... experienced
licensees... lament that board membership does: little to advance their careers, little to
provide access to the research that will keep them savvy about emerging needs of their clients, (does) not support higher standards for new entrants to the industry given the increased complexity of property issues, (does) the dance of ambivalence about authentic professionalism as a goal for a
real estate brokerage career path, and has only a motherhood position on the importance of
real estate brokerage as a
service that helps shape better communities by informed approaches to land and property issues.»
When managing rental
real estate outside of RESA for a family member, partnership or corporation, in addition to complying with the provisions noted above, the
licensee must
provide the rental property management
services without remuneration.
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 servi
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 ser
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 s
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 servi
real estate ser
estate servicesservices.
A special act corporation formed pursuant to the
Real Estate Services Act solely to provide errors and omissions insurance to British Columbia real estate licens
Real Estate Services Act solely to provide errors and omissions insurance to British Columbia real estate lice
Estate Services Act solely to
provide errors and omissions insurance to British Columbia
real estate licens
real estate lice
estate licensees.
discloses in writing to the strata corporation before
providing the
services that, even though the individual is a licensee, they are not acting as a licensee in this case, the licensee is not regulated under the Real Estate Services Act in relation to the strata management services, and the strata corporation is not entitled to the same protections applicable under the Real Estate Services Act to persons who deal with licensees who are not acting under this ex
services that, even though the individual is a
licensee, they are not acting as a
licensee in this case, the
licensee is not regulated under the
Real Estate Services Act in relation to the strata management services, and the strata corporation is not entitled to the same protections applicable under the Real Estate Services Act to persons who deal with licensees who are not acting under this ex
Services Act in relation to the strata management
services, and the strata corporation is not entitled to the same protections applicable under the Real Estate Services Act to persons who deal with licensees who are not acting under this ex
services, and the strata corporation is not entitled to the same protections applicable under the
Real Estate Services Act to persons who deal with licensees who are not acting under this ex
Services Act to persons who deal with
licensees who are not acting under this exemption;
Section 2 of RESA stipulates that, once an individual is licensed under RESA, RESA, the
Real Estate Services Regulation, and the Rules apply to all real estate services that the licensee may provide, even if the real estate services are provided on the licensee's own behalf, are provided for free, or would other wise be exe
Real Estate Services Regulation, and the Rules apply to all real estate services that the licensee may provide, even if the real estate services are provided on the licensee's own behalf, are provided for free, or would other wise be e
Estate Services Regulation, and the Rules apply to all real estate services that the licensee may provide, even if the real estate services are provided on the licensee's own behalf, are provided for free, or would other wise be
Services Regulation, and the Rules apply to all
real estate services that the licensee may provide, even if the real estate services are provided on the licensee's own behalf, are provided for free, or would other wise be exe
real estate services that the licensee may provide, even if the real estate services are provided on the licensee's own behalf, are provided for free, or would other wise be e
estate services that the licensee may provide, even if the real estate services are provided on the licensee's own behalf, are provided for free, or would other wise be
services that the
licensee may
provide, even if the
real estate services are provided on the licensee's own behalf, are provided for free, or would other wise be exe
real estate services are provided on the licensee's own behalf, are provided for free, or would other wise be e
estate services are provided on the licensee's own behalf, are provided for free, or would other wise be
services are
provided on the
licensee's own behalf, are
provided for free, or would other wise be exempt.
discloses in writing to the managing broker of the related brokerage that the
licensee will be
providing rental property management
services on their own behalf in relation to their own
real estate.
The law requires
real estate licensees to perform the following basic duties when dealing with any
real estate buyer or seller as customers: present all offers in a timely manner, account for money or other property received on your behalf,
provide an explanation of the scope of
services to be
provided, be fair and honest and
provide accurate information,
provide limited confidentiality, and disclose «material adverse facts» about the property or the transaction which are within the
licensee's knowledge.
This obligation applies to brokerages and related
licensees when
providing real estate services.
Section 5 - 10 of the Rules requires that a
licensee must disclose the nature of the representation that the
licensee will
provide and whether, if applicable, the
licensee or a related
licensee is or expects to
provide trading
services to or on behalf of another person in relation to the same trade in
real estate, or whether the
licensee or related
licensee expects to receive remuneration from another person in relation to the same trade in
real estate.
discloses in writing to the managing broker of the related brokerage that the
licensee will be
providing rental property management
services on his or her own behalf in relation to his or her own
real estate.
However, a
licensee must remember that he or she may only
provide real estate services on behalf of the brokerage with which they are engaged.
If you have been involved in a trade in
real estate in which you believe a real estate licensee may have acted improperly, or you have engaged a brokerage to provide you with rental property management or strata management services, and believe that licensee has not acted properly, you may contact the Real Estate Council to file a compla
real estate in which you believe a real estate licensee may have acted improperly, or you have engaged a brokerage to provide you with rental property management or strata management services, and believe that licensee has not acted properly, you may contact the Real Estate Council to file a comp
estate in which you believe a
real estate licensee may have acted improperly, or you have engaged a brokerage to provide you with rental property management or strata management services, and believe that licensee has not acted properly, you may contact the Real Estate Council to file a compla
real estate licensee may have acted improperly, or you have engaged a brokerage to provide you with rental property management or strata management services, and believe that licensee has not acted properly, you may contact the Real Estate Council to file a comp
estate licensee may have acted improperly, or you have engaged a brokerage to
provide you with rental property management or strata management
services, and believe that
licensee has not acted properly, you may contact the
Real Estate Council to file a compla
Real Estate Council to file a comp
Estate Council to file a complaint.
discloses in writing to each person who owns the
real estate, before providing the services, that even though the individual is a licensee, they are not acting as a licensee in this case and the licensee is not regulated under the Real Estate Services Act in relation to the rental real est
real estate, before providing the services, that even though the individual is a licensee, they are not acting as a licensee in this case and the licensee is not regulated under the Real Estate Services Act in relation to the rental real e
estate, before
providing the
services, that even though the individual is a licensee, they are not acting as a licensee in this case and the licensee is not regulated under the Real Estate Services Act in relation to the rental real
services, that even though the individual is a
licensee, they are not acting as a
licensee in this case and the
licensee is not regulated under the
Real Estate Services Act in relation to the rental real est
Real Estate Services Act in relation to the rental real e
Estate Services Act in relation to the rental real
Services Act in relation to the rental
real est
real estateestate;
Section 2 of RESA stipulates that, once an individual is licensed under RESA, RESA, the Regulations, and Rules apply to all
real estate services that the
licensee may
provide, even if the
real estate services are
provided on the
licensee's own behalf, are
provided for free, or would otherwise be exempt.
Therefore a
licensee has an obligation to disclose to a client any referral fee they will receive in the course of
providing real estate services to that client.
Section 9 - 2 of the Rules allows an individual
licensee to
provide rental property management
services on his or her own behalf in relation to their own
real estate.
For
licensees providing trading
services, if they are acting either as a buyer's agent or as a limited dual agent, they will likely be receiving remuneration from someone other than their buyer client as a result of
providing the
real estate services.
Unless the project manager or accountant hired by the strata corporation is a
real estate licensee, they will not be able to
provide the
services required by NW9999.
disclose in writing to the managing broker of the related brokerage that the
licensee will be
providing rental property management
services on their own behalf in relation to their own
real estate or on behalf of a corporation in which they are the sole shareholder; and
JJJ is a
real estate licensee licensed only to
provide trading
services and rental property management.
Section 4 - 5 of the Rules states that a
licensee must ensure that their
licensee name is clearly indicated in the course of
providing real estate services.
The licensing and other requirements of RESA must be met by «every
licensee who
provides real estate services» (Section 2 (2) of RESA).
Under section 9 - 3 of the Rules, a
licensee may
provide strata management
services to a maximum of two strata corporations in which the licensee owns a strata lot without the need to comply with RESA, the Real Estate Services Regulation, and the Rules, if the l
services to a maximum of two strata corporations in which the
licensee owns a strata lot without the need to comply with RESA, the
Real Estate Services Regulation, and the Rules, if the l
Services Regulation, and the Rules, if the
licensee:
A client is defined in the Rules as the principal who has engaged the
licensee to
provide real estate services to or on behalf of the principal.
Additionally, a Disclosure of Interest in Trade form must also be completed if an associate of the
licensee is either acquiring or disposing of
real estate and the
licensee is
providing real estate services to the associate.
If the
licensee is managing rental
real estate owned by a corporation, and the
licensee is the only shareholder of the corporation, the
licensee must
provide written notice to the
licensee's managing broker that the
licensee will be
providing rental property management
services to or on behalf of that corporation.
A personal
real estate corporation must ensure that its
licensee name is clearly indicated in the course of
providing real estate services, including all forms of advertising.
Under section 9 - 1 of the Rules,
licensees who
provide rental property management
services on their own behalf in relation to their own
real estate, are exempted from RESA, the Regulations, and the Rules if the
licensee:
Students will learn how to
provide the
real estate services - at any stage in the
service member's military career - that meet the needs of this niche market and win future referrals.This course is designed to assist the
licensee in gaining critical knowledge to develop their expertise when working with veterans and active duty military.
If he were not a
licensee, JJJ could be paid for
providing strata management
services to VIS9999 under the exemption found in Section 2.17 of the Real Estate Services Regulation (see Exemption # 1 (a)
services to VIS9999 under the exemption found in Section 2.17 of the
Real Estate Services Regulation (see Exemption # 1 (a)
Services Regulation (see Exemption # 1 (a) above).
Since licensing is required of those
providing real estate services «to or on behalf of another, for or in expectation of remuneration», licensing and the other requirements of RESA do not apply to strata council members who are not
licensees and who volunteer their time.
The Strata Management 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.
For example, a
licensee may not be licensed to
provide real estate services with ABC Realty Inc. and at the same time act as the employee of a developer, marketing development units on behalf of that developer.
(2)... subject to the Rules, this Act applies to every
licensee who
provides real estate services, even if the
licensee
2.11 A person who is
providing trading
services only by referring a party to a trade in
real estate to a
licensee, or by referring a
licensee to a party, for the purpose of the
licensee providing trading
services, is exempt from the requirement to be licensed under Part 2 of the Act in relation to the person's provision of those referral
services if
If a
licensee is the sole shareholder of a corporation that owns rental
real estate and the
licensee provides rental property management
services to the corporation, the
licensee must also
provide written disclosure to the
licensee's managing broker that the
licensee will be
providing rental property management
services to or on behalf of the corporation.
A managing broker must always be aware of the nature of the relationship the brokerage and its related
licensees have with the consumers to whom
real estate services are being
provided because these relationships carry with them varying responsibilities for the brokerage and its related
licensees.
(a) brokerage, being a
licensee on behalf of which other
licensees must
provide real estate services;
20 A
licensee must not
provide real estate services at any time that the
licensee's licence is inoperative or suspended.
by
providing hands - on, practical experience before licensing, so new trading
services licensees are prepared to
provide competent, professional
real estate services to consumers.