WHAT IS A REALTOR®?

To obtain the REALTOR® designation, you must be a licensed real estate professional and a member of the Canadian Real Estate Association. In British Columbia, a REALTOR® must also belong to the BC Real Estate Association and one of 10 provincial real estate boards.

As a REALTOR®, you can help people buy, sell, or rent residential, commercial, industrial, or agricultural homes or property. There are also opportunities to be involved in property management, land development, mortgage banking, urban planning, and real estate appraisal.

What sets REALTORS® apart from other real estate agents is their high standard of professionalism and commitment to value for their clients. REALTORS® must comply with the REALTOR® Code of Ethics, which outlines accepted standards of conduct. Continuing education is also required in British Columbia so that real estate professionals stay apprised of industry and technology changes. Lastly, REALTORS® have access to the Multiple Listing Service® (MLS®) System, a cooperative listing service operated by real estate boards across Canada.

If you would like to become a REALTOR® in British Columbia, the BC Financial Services Authority (BCFSA) handles all licensing requirements. Visit their website here. Over and above BCFSA’s role, BCREA provides a helpful outline of the steps involved in becoming a REALTOR® here.

WHEN BUYING

There are so many reasons to use a REALTOR® when buying that it’s hard to pinpoint the most important ones. From finding your dream home to explaining financing options to helping navigate paperwork, a REALTOR® is an invaluable ally in your property search. They have specialized knowledge of their communities and are equipped with sales tools, such as custom analytics, to help buyers formulate winning offers and smooth the way to a successful real estate transaction.

WHEN SELLING

REALTORS® are trained professionals who offer clients a wealth of experience and resources. By using a REALTOR®, your home will receive widespread market exposure via the MLS® System, a service developed by and exclusive to REALTORS®. Your REALTOR® will develop a comprehensive marketing plan and offer advice on highlighting your home’s best features to make it more appealing to buyers. From listing your property to negotiating an offer to navigating paperwork, your REALTOR® will be by your side all the way.