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In this episode of Mac Yak, David Langlois and Tore Jacobsen discuss organized real estate, including the role of real estate boards, the British Columbia Real Estate Association (BCREA), the regulator (BCFSA), and the Canadian Real Estate Association (CREA). They emphasize the importance of professionalism in the real estate business and the need for realtors to get involved at various levels of organized real estate. They also touch on topics such as appetizers, real estate arguments, favorite fish, and real estate irritations.

Takeaways

• Professionalism in the real estate business is improving, with efforts being made at the brokerage, board, provincial, and national levels.
• Realtors should consider getting involved in organized real estate, whether it's at the board, provincial, or national level.
• Real estate boards provide support, education, and resources for realtors, as well as important services like the MLS system.
• The BCREA serves as the voice of advocacy for the real estate industry in British Columbia and provides education and economic information.
• The BCFSA is the regulator that issues real estate licenses and sets the rules for the industry.
• CREA is the national organization that advocates for the real estate industry and provides resources and information for realtors and the public.

Chapters

00:00
Introduction and Small Talk

00:52
Professionalism in the Real Estate Business

02:18
Appetizers and Real Estate Arguments

03:10
Favorite Fish and Real Estate Irritations

04:04
Overview of Organized Real Estate

08:07
The Role of Real Estate Boards

10:19
The British Columbia Real Estate Association (BCREA)

15:08
The Regulator: British Columbia Financial Services Authority (BCFSA)

20:13
The Canadian Real Estate Association (CREA)

23:36
Advice for Realtors: Get Involved