Representing Buyers in the Sale of New Homes and Condominiums
REALTOR® Education » Professional Development Program (PDP) » PDP Courses » Representing Buyers in the Sale of New Homes and Condominiums
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Representing Buyers in the Sale of New Homes and Condominiums

6 PDP Credits – 3/4 day

Representing Buyers in the Sale of New Homes and Condominiums will assist the REALTOR® in the drafting of enforceable new home sales contracts. The advice provided to a buyer is crucial to ensure that they understand what procedures to follow. Content about the Homeowner Protection Act, owner-built homes, and new home sales will also assist the REALTOR® in properly representing their buyers' interests in this technical and risk-filled area.

By the end of this course, the learner will be able to:

  • discuss the problems and solutions related to the leaky condo crisis;
  • explain the purpose of the Homeowner Protection Act, and BC Housing;
  • learn how builder licensing and the mandatory 2-5-10 year home warranty insurance are applied, operated and fulfilled;
  • explain owner-built new home sales, the liabilities to the owner-builder, and how this may affect future owners;
  • apply various new home sales processes, and know how to secure fees;
  • describe how to establish oneself in the project marking field; and
  • write appropriate new home contracts, explain the developer's predrafted sales agreements, and understand how to handle assignment contracts and the associated issues of assignments.

Instructors:

Contact your local member board for course availability and registration.