Phase 2: Residential Real Estate as a Professional Career Course Manual

Table of Contents

UBC Real Estate Division. 2019. Phase 2: Residential Real Estate as a Professional Career Course Manual. Vancouver, BC: UBC Real Estate Division.

Chapter 1: Residential Real Estate - The Listing Function

Listing Function
The Listing Process - Prospecting For Listings
Tools for Communicating - The Listing Folder
Finding Buyers or Prospecting for Business

Chapter 2: Residential Homes: Types, Styles, and Size

The Site Plan and House Plan
Classifying Residential Housing
Common House Styles
Engaging with the Client
MLS® Data Input Form
Calculating Area
Area Measurements - Rectangular Shapes
Area Measurements - Non-Rectangular Shapes
The Front Foot (Metre)
Volume Measurement
Living Area Measurements
Measurement Rules
How to Measure Living Area
Appendix 2.1: Building Measurement Guidelines
Appendix 2.2: Appraisal Institute of Canada - Professional Excellence Bulletin

Chapter 3: Basic Residential Construction Components and Materials

Current Building Standards
External Structural Style
Components of a Building
Building Envelope Systems
Domestic Heating Systems
Green Construction
Property Defects
Appendix 3.1: Building Inspection Checklist

Chapter 4: Acreage Water and Waste Water


Water and Water Systems
Use of Water
Water Wells
Septic Systems - Wastewater Management Systems
Electricity, Gas, and Telephone

Chapter 5: Representing the Seller

Seller Agency
Listing Contracts
"Mere Postings"
Re-Sale Condominiums
The Residential Tenancies Act, 2006
Excise Tax Act
Disclosure of Interest in Trade

Chapter 6: Residential Contract of Purchase and Sale

The Residential Contract of Purchase and Sale
Electronic Signatures
Digital Signatures and WEBForm™
Schedule "__"
Presenting the Offer
The Counter Offer to Residential Contract of Purchase and Sale
The Option Clause Form
X Hour Notice
Amendment to Residential Contract of Purchase and Sale
Notice To Remove Condition(s) on Residential Contract of Purchase and Sale
Multiple Offers
Subsequent Offers (commonly called Back-Up Offers)
Revocation of Offers
Processing the Residential Contract of Purchase and Sale

Chapter 7: Representing the Buyer

Qualifying the Buyer
Locating Property, Offer Preparation, and Closing
Buyer Agency
Dual Agency (with Limitations)/Limited Dual Agency
The Exclusive Buyer's Brokerage Contract
Contract Amendment, Withdrawal, and Cancellation Forms
Tips for Minimizing Risk with the Buyer

Index