Managing Broker Applied Practice Course

Before becoming licensed to provide managing broker services, you must complete the Broker’s Business Planning and Financial Management Licensing course.

For a step-by-step guide to gaining a real estate licence, please visit our Careers in Real Estate page.

About the Applied Practice Course

BCFSA’s Managing Broker Applied Practice Course equips learners with essential practical skills and a deep understanding of key regulatory requirements, empowering them to succeed as managing brokers.

Developed in collaboration with managing brokers, the Real Estate Division of the Sauder School of Business, and industry, this online course is delivered by instructors who are experienced managing brokers.

This course includes a blended format consisting of e-learning, virtual classroom time as well as cohort and individual field assignments that learners complete while working in their brokerages. The four components of the course include the following:

Component One

In this two-week online module, learners gain practical knowledge to navigate the daily responsibilities of a managing broker—from launching a brokerage and developing business plans to creating policy manuals and managing staff, all while meeting regulatory requirements. Through a story-driven approach, participants follow a new managing broker at Hartley’s Real Estate Services as they embark on a year filled with real-world challenges and opportunities.

Component Two

Learners will participate in a virtual Orientation Day, where they’ll meet their cohort groups and review expectations to prepare for the upcoming six-month practical field assignments.

Component Three

The third and central component of the course features field assignments that build on the Broker’s Business Planning and Financial Management Licensing course. These assignments, centered on Business Management, Financial Management and Business Culture, help learners build practical skills, increase confidence, and create customized tools to support their brokerage’s success.

Component Four

The final component—Graduation Day—is held in person at BCFSA’s offices. It’s a chance for learners to connect with their cohort and BCFSA staff, present a capstone project, and celebrate their achievements as they complete the course.

Registering for the Managing Broker Applied Practice Course

To register for the Managing Broker Applied Practice Course, you must have successfully completed the Broker’s Business Planning and Financial Management Licensing course exam.

For more information about the course components, the schedule or to register, please click the button below or visit https://register.bcfsa.ca.

Course Timeline

Component	Date of Component	Virtual Classroom Date and Time	Time Commitment	Method of Delivery
Component 1 —  e-learning	January 26-February 9, 2026	N/A	eLearning: 10-15 hours	Online
Component 2 — Orientation Day	February 13, 2026- February 17, 2026	February 17, 2026	Classroom: 5 hours	Online and virtual classroom
Component 3: Unit 1 — Business Management	February 23, 2026- April 23, 2026	April 23, 2026	Assignments: 2-3 hours per week Classroom: 5 hours	Online assignments and virtual classroom
Component 3: Unit 2 — Financial Management	April 30, 2026- June 19, 2026	June 19, 2026	Assignments: 2-3 hours per week Classroom: 5 hours	Online assignments and virtual classroom
Component 3: Unit 3 — Business Culture	June 29, 2026- August 17, 2026	August 17, 2026	Assignments: 2-3 hours per week Classroom: 5 hours	Online assignments and virtual classroom
Component 4 — Graduation Day	August 24, 2026	August 24, 2026	Classroom: 5 hours	In-person at BCFSA offices

Register Here (will open in a new tab)

Cost: $875.00

For details on how to apply for your licence, see our Step by Step Licensing Guide.

• BCFSA reserves the right to amend course schedules, course availability, fees, content, policies, manuals and other reference materials without notice at its sole and absolute discretion.

Information for Managing Brokers

Current managing brokers are encouraged to mentor licensees who aspire to become managing brokers themselves. As a managing broker, you are legally responsible for supervising the conduct of licensees affiliated with your brokerage, as outlined in Section 6(2) of the Real Estate Services Act (RESA) and Section 28 of the Real Estate Services Rules.

To support new licensees in gaining the skills and competencies required to become managing brokers in compliance with the Real Estate Services Act (RESA), the Regulation, and the Rules, brokerages provide guidance and support as learners complete practical field assignments required for successful completion of the course. These assignments are designed to help licensees build the knowledge and capabilities necessary for competent, ethical, and legally compliant real estate practice.

While RESA mandates supervision, it does not prescribe a specific method for how managing brokers should supervise new licensees. The approach to supervision is left to the discretion of each managing broker and may vary depending on the brokerage’s structure, the experience of the licensee, and the nature of the transactions involved.

For more information on topics included in this course, see the Managing Broker Applied Practice Course Resource.

Learning Outcomes

Upon completing this course, learners will be equipped with the essential skills to manage a real estate brokerage specializing in trading services, rental property management, and strata management. They will gain a clear understanding of how to develop a business plan, create comprehensive procedure and policy manuals, and maintain a risk register. Additionally, the course will provide guidance on fostering a positive, inclusive, and sustainable business culture, with an emphasis on ethical decision-making and professionalism.

• Questions?

  If you have any questions about the Applied Practice Courses, please visit our course FAQ page.

• Email Us

  Contact BCFSA’s education department about the Applied Practice Course.

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