THE VICTORIA REAL ESTATE BOARD LEADING THE WAY...
Designated Agency will become the industry practice standard in British Columbia as of June 1, 2012. A key part of BCREA's advance work has involved the Victoria Real Estate Board, which enthusiastically volunteered to "pilot" Designated Agency for three months, beginning in January 2012. BCREA is extremely grateful for this cooperation as the experiences and feedback gained will greatly benefit the rollout of designated agency province-wide.
Free Designated Agency workshops were held in Victoria through the end of 2011 and into the first three months of 2012. The workshops were tailored specifically to meet the varying needs of REALTORS® and Brokers and complimented by comprehensive support resources on this website. The website provides detailed information on designated agency—what it is and how it will affect your work—as well as comprehensive usage guides to help industry members understand the changes in a” day to day” context.
Feedback from the Victoria pilot was positive and valuable—many thanks to VREB for its terrific support in this initiative!