Industry Links & Related Organizations
The Canadian Real Estate Association (CREA) is the national voice for REALTORS® in Canada. CREA provides products and services to REALTORS® to ensure they are consumers' first choice when buying and selling real estate. CREA is the owner of trademarks and associated logos that serve to identify and brand the services of CREA Boards, Associations and REALTOR® members.
BC Real Estate Association
BCREA represents the 8 member real estate boards in BC and their approximately 18,000 REALTORS® on all provincial issues, providing communications, standard forms, economic research and analysis, government relations, applied practice courses and continuing professional education.
BC Financial Services Authority (BCFSA)
BC Financial Services Authority regulates and oversees important financial transactions in British Columbia to ensure fairness, legality, and the prosperity of consumers and the province.
BC Financial Services Authority (“BCFSA”) is a Crown regulatory agency of the Government of British Columbia. BCFSA has five pillars of responsibility: pension plans, mortgage brokers, financial institutions (including credit unions, insurance, and trust companies), real estate services, and the Credit Union Deposit Insurance Corporation (“CUDIC”).
The Real Estate Foundation of British Columbia
The Foundation is a philanthropic body that provides financial support for real estate-related projects, such as public and professional education, law reform and research. It is funded through interest from unassigned trust deposits held by real estate brokerages, and uses the funds to provide grants for non-profit and charitable activities related to real estate and land use.
Real Estate Errors and Omissions Insurance Corporation (REEOIC)
REEOIC pools the assessments paid by real estate licensees in a fund that is used to pay the costs of defending and indemnifying licensees against professional liability claims. The Real Estate Services Act requires every real estate licensee to participate in REEOIC's program. REEOIC's assessments are collected by the Real Estate Council of BC when licenses are issued or renewed.