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BCFSA Launches Applied Practice Courses Survey

BC Financial Services Authority (“BCFSA”) invites managing brokers, strata managers, and rental property managers to take a brief survey that will help provide insight on the practical skills and knowledge most needed to develop new Applied Practice Courses at BCFSA.

Take the Survey

The survey will be open from April 19, 2023 to May 10, 2023 and will take approximately 10 minutes or less to complete.

Responses to the survey questions will remain strictly confidential. BCFSA is not requesting any private or identifying information in this survey. Results will be reported on in aggregate only.

About the Applied Practice Courses

BCFSA’s Applied Practice Courses focus on building learners’ practical skills and on key areas of regulatory requirements. By getting hands-on, practical experience before licensing, new professionals are better prepared to provide competent and knowledgeable real estate services to consumers.

BCFSA currently requires anyone applying for licensing in residential or commercial trading services to complete an Applied Practice Course, to help ensure that new real estate professionals are fully prepared, and to protect consumers. BCFSA plans to introduce an Applied Practice Course for new managing brokers, and an Applied Practice Course for new strata and rental licensees.

Next Steps Following Course Development

To become licensed as a managing broker, rental property manager or strata manager, candidates would be required to register for and complete an APC after they successfully complete the relevant licensing course and examination.