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Real Estate Trading License Introduction

In British Columbia, if you would like to represent buyers to buy or sellers to sell real estate in expectation to receive remuneration, you need to be licensed in real estate trading.

With the real estate license, you can provide the following services:

1.residential real estate trading

2. commercial real estate trading

3. real estate development pre-sale

4. Sale of business

5. other functions (consult with the author)

Real Estate Agent Income

A realtor’s main source of income is from transaction commission.

  • The commission percentage may be: 7% of the first $100,000 , 2.5% ≤ 3.5% of balance.
  • Many Quick Pass graduate students earn more than $100,000 in a year.

How to become a real estate agent in BC

How to become a real estate agent in BC

To apply for licensing in British Columbia you must satisfy one of the following employment criteria proving that you are eligible to work in Canada:

  • be a Canadian citizen

  • be of Permanent Resident status

  • hold a valid work permit/visa

  • be of Landed Immigrant status

Study these alone — The Long, Hard Way:

  • Self-study for over 800 thick pages.

  • Self-study 20 assignment questions

  • Self study 1000 questions with complex math & law questions

  • Pass the UBC exam — takes 1 to 2 years!

  • Much lower passing rate on the first try.

How to submit assignments

About UBC Real Estate Licensing Examination