Regulation of Real Estate Teams

Members of the public and real estate professionals were invited to help shape the future of real estate teams in B.C. by sharing their feedback on proposed regulatory changes.

Teams are groups of licensed real estate professionals who work together to provide real estate services to clients. With over 1000 real estate teams in B.C., they are an increasingly popular way for real estate professionals to market and provide their services.

Stronger regulation of teams will help ensure that consumers are well-protected, provide greater consistency in the operation and conduct of real estate teams, reduce the potential for conflicts of interest, and protect clients’ confidential information.