real estate british columbia canada General Information

Another common problem both for brokers as well as sellers is delayed or non-receipt of payments. They should value their own time and energy as well as their clients. It is not proper to shun agents and brokers as you may miss the market price in calculating the value of your home. This often is the case with freshers than with seasoned investors. Once the deal is agreed upon, the agent should coordinate to get the deal closed. Statistics too reveal that housing is a risk free investment. Agents should identify and emphasize certain selling points to convince the buyers. So a bit cleaning and tidying will be an added plus. Unlike in stock and shares investment arena, you don’t have enough instruments in real estate to spread your risks and investment. Professional Problems to Anticipate In Real Estate BusinessAlthough the following list isn’t comprehensive, you can take this as a representative one with most frequent and pressing problems finding place in here. In this highly competitive business, there are many other agents, for example, fighting for a property to include in their own listings. Rising interest rates may divert the investors as the memory of the dotcom bust is still fresh. The burden of interest you have to pay if you invested borrowed money might eat into your capital too, if the slump prolongs. Theirs was the investment. All is fine when market booms but tough gets the going when things go awry. An agent and a broker have different roles in real estate business.* Improvement of the locality will in turn

The British Columbia Real Estate Association (BCREA) represents approximately 17,000+ real estate brokers and salespeople who are members of British Columbia's 12 real estate boards. BCREA members are licensed by the Real Estate Council of British Columbia, under the Real Estate Services Act.

Effective January 1, 2007, licensees are required to complete continuing education for licence renewal.



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