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Real Estate Courses in Vancouver BC Canada

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How to Prepare to Write the UBC Real Estate Exam

How to Prepare to Write the UBC Real Estate Exam

It’s here…the day you have been waiting for! You are finally ready and have scheduled your UBC Real Estate Exam date.

But that now raises the question of how should you prepare yourself to write the UBC Real Estate Exam? What should you bring? Are there certain things you should and shouldn’t do?

Having written the UBC Real Estate Exam multiple times ourselves, all of our instructors at Real Smart have some fantastic tips to pass along to you! Follow these and you are sure to be ready to write your exam (and pass with flying colours!)

What you should do before the UBC Real Estate Exam even begins

  • Bring Ear Plugs, but wear them at home so you get used to them or discover at home you are allergic!
  • Dress in layers.  The examination rooms can be cold or hot, so be prepared
  • Bring a Watch! Yes, even if you are going to the Computer Exam. What if the computer breaks down and UBC puts you in a room to do the paper exam? Having a watch will make sure you can stay on track and within the 3-hour time limit. 

What you should do once the exam is in session

  • Write out all the math formulas that you have been taught. This way you can quickly flip back to and use them as needed throughout the exam. It might take a little bit of extra time but it’s well worth it. Write them in pen and then when you get a math question, you can use a pencil and erase.
  • Make a sheet of paper with a Q (for question)  on one side of the sheet and an A (for answer) on the other. Now, when you get to a question on the exam that you don’t know, don’t panic, just write down what question # it was under Q then under A write down if you choose answer #1,2, 3 or 4. Then when the exam is complete, go back to those questions on your Q and A sheet. Remember, do not go back and switch out answers once you have them down…even if it is a large math question and you know how to do it if it takes up valuable time and prevents you from answering 5+ other questions, guess and move on! 

Following our pre-exam and during-the-exam tips can help to ensure that you are both comfortable and confident when you begin writing. So when your exam date does roll around, take a deep breath, make a checklist, and dive in–we know you will succeed!

Be Confident. Be Prepared. Pass The Exam. Get Started Now!

Got questions give us a call at 604.313.4878 ..

Rental Property Management Licensing Course

Your decision to undertake a career in real estate merits very careful consideration. Before you register for this course, you are required to read the BC Financial Services Authority's Becoming Licensed , Starting a Career in Real Estate , Step by Step Licensing Guide information, and How to Satisfy the English Language Proficiency Requirement . 

Course Overview

The Rental Property Management Licensing Course provides part of the licensing education requirements for those who wish to become licensed property managers in British Columbia. This course combines the general components of the Real Estate Trading Services Licensing Course with curriculum focused on property management. For detailed course content information, please view the  Table of Contents  and  Course Regulations .

This blended learning course allows you to register at any time. While the course is flexible in order to meet the needs of busy adult learners, it provides just enough structure to ensure high quality learning (for example, in order to provide for a minimum level of familiarity with the curriculum and for a reasonable expectation of success on the final examination, assignments may be submitted on a pace that is no greater than 2 assignments per week beginning on the Course Registration Date). You must complete all course assignments within one year of registration in the course and also pass a final examination. Regularly scheduled exams take place at various times throughout the year throughout the province (exams must be written in Canada) or you may choose to take your exam at the computerized exam centre (CEC) at UBC (additional exam fees apply).

Quick Course Info

  • Blended learning course with support
  • One year to complete assignments
  • Final exam required
  • Tutor service included
  • Tuition: $1,450

What's Included

  • Course manual eBook and all of the appropriate course materials in electronic format (e.g. assignments and Practice Questions)
  • Course Resources website
  • Tutor service by phone and email

Pre-requisites, English Language Proficiency Requirement (ELPR), Age Requirement, & Good Reputation

Language proficiency is an essential skill for real estate practitioners. A real estate licensee’s ability to communicate verbally and in writing with consumers and other licensees is critical for the delivery of competent services. Many British Columbians speak languages other than English as their first language, and may choose to work with a real estate licensee with whom they can communicate in the language of their choice. However, real estate contracts and standard forms in British Columbia are in English.  While there are no pre-requisites to register in the licensing course, the ELPR must be satisfied before you can register for an exam and if licensing is your intention we strongly recommend that you consider satisfying the ELPR prior to course registration. 

As a requirement of the Rules made under the  Real Estate Services Rules , the ELPR may be satisfied by achieving a level 7 or higher on each of the four components (reading, writing, speaking and listening) of the  Canadian English Language Proficiency Index Program - General (CELPIP-G)  test on the same test score report (scores from multiple test attempts cannot be combined)  or in one of the following ways:

  • Graduation from a recognized university Bachelor's degree or higher degree program at an accredited university, college or technical institute at which English is the primary language of instruction.
  • Licensed for real estate services in another Canadian jurisdiction with English language standards and have satisfied that jurisdiction's English language requirements.

For more information on the ELPR, view  How to Satisfy the English Language Proficiency Requirement .

As well, in order to be eligible for real estate licensing in the province of British Columbia, section 10(b)(i) of the  Real Estate Services Act  requires that an applicant for licensing is at least 19 years of age. 

The Real Estate Services Act also requires that every applicant for a licence be of “good reputation”. General business and personal reputation, in addition to criminal convictions and charges under the Criminal Code of Canada, contraventions to Federal or Provincial statutes, or previous discipline by a professional body will be reviewed when considering an applicant’s “good reputation”. If you have concerns about your eligibility for licensing as it relates to good reputation, you may want to review BCFSA’s Good Reputation Guidelines before registering in a licensing course.

After the Course

Completing the Rental Property Management Licensing Course satisfies the licensing educational qualification in British Columbia for a licence to provide rental property management services. In order to open your own property management company, you will be required to either satisfy the requirements for a brokerage licence, or hire a managing broker for your company. For information on these requirements, please contact the contact the  BC Financial Services Authority  at +1 604.660.3555 or toll-free at 1.866.206.3030.

Accessibility

Accommodation for students with disabilities.

The Real Estate Division's goal is to ensure fair and consistent treatment of all students, including students with a disability, in accordance with their distinct needs and in a manner consistent with academic principles. UBC Centre for Accessibility works in partnership with the Real Estate Division and provides support on issues of accessibility for people with disabilities. Examination accommodations enable you to demonstrate your knowledge of the course materials in cases where a disability may impact your ability to access exams under standard conditions. 

Students who may have an on-going disability or medical condition that requires accommodation must contact  UBC Centre for Accessibility  by telephone: +1 604.822.5844 or email:  [email protected]

Examination accommodation must be approved by the Centre for Accessibility, and an accommodation letter must be received by the Real Estate Division prior to examination registration. As well, registration must be received by the Real Estate Division no later than six weeks prior to the examination date.

Student Support

The following student support services  are included  in the course tuition fee:

  • Tutorial assistance  from our course specialists, through a toll-free number and email.
  • Online course resources , containing course updates, study materials, schedules, and tutorial information.

External Tutors

You are encouraged to take advantage of the Tutorial Assistance provided with your course rather than spending additional money on external services.  It is important to note that the Real Estate Division has no ties with tutorial classes provided by other members or organizations of the real estate industry and does not monitor or check the services they provide. The Real Estate Division cannot be responsible for any information provided by these individuals or companies. External tutorial companies regularly make false claims, such as "only 30% of students pass the exam" or "we'll guarantee that you will pass the exam", so that you will spend your money with them. Remember, there are no guarantees and the Real Estate Division works with all students to provide every opportunity for success.

Frequently Asked Questions

General issues, how do i contact the real estate division.

Phone numbers, fax numbers, email addresses, etc. can be found at the  Contact Us  area of the website.

When I phone the Real Estate Division about the licensing courses, should I talk to a specific person?

The Real Estate Division is divided into several different groups and has staff who specialize in specific areas. While any Real Estate Division staff member you talk to will do their best to help you, certain staff members deal with specific enquiries. If you need help in one of the areas below, please ask for the appropriate staff person who can help you.

  • help with course planning, exemptions, etc - ask to speak to the Admissions Officer or a Course Representative.
  • help with administrative issues, such as course registration, assignment processing, exam registration - ask to speak to a Course Representative or Exams Coordinator (specify which course you are interested in)
  • help with course content - ask to speak to a Tutor (either "law" or "non-law")

If I am coming to the Real Estate Division, how do I get there and where do I park?

Directions and parking information can be found at the  How To Find Us  area of the website.

Which licensing course should I take?

To determine which licensing course you should take, read the brief course descriptions on the  Licensing Programs  webpage. Follow the links for each individual course to find out more.

English Language Proficiency Requirements

Is there an english language proficiency requirement for licensing courses.

Yes, completion of the  Canadian English Language Proficiency Index Program - General (CELPIP-G)  test, or a recognized equivalent, is one of the requirements for licensing courses. For further information, please view the  English Language Proficiency Requirement webpage .

Does everyone have to satisfy the language proficiency requirement?

Real Estate Trading Services, Rental Property Management, and Strata Management licensing course students must satisfy the  English Language Proficiency Requirement (ELPR) .

What is the purpose of the English Language Proficiency Requirement (ELPR)?

The purpose of the ELPR is to provide information about an individual student's competency in English.

If I need to write the CELPIP-G test, where can I get information?

Information on the CELPIP-G test can be found on CELPIP's  website .

If I am seeking exemption from the English Language Proficiency Requirement, where can I get information?

Information on exemptions from the English Language Proficiency Requirement can be found on the  English Language Proficiency Requirement webpage .

If I am seeking exemption from the English Language Proficiency Requirement, where do I send my official transcripts?

Official copies of transcripts from the educational institution can be sent directly to the  Real Estate Division office .

Course Assignment Issues

Do i need to complete assignments for the licensing courses.

Depending on the course, students are required to submit and pass either multiple choice or multiple choice and written assignments in order to be eligible to register for the final exam. These assignments ensure that students are reviewing the course materials and provide feedback on their level of understanding.

Why can I only submit 2 assignments per week in this course?

Limiting the frequency of assignments to two assignments per week is a Real Estate Division Licensing Course regulation which is in place for the best interests of both students and the public. This regulation was arrived at after a great deal of consideration and after consultation with the BC Financial Services Authority. A number of factors were taken into account, including the increased volume and complexity of information contained in the licensing courses and also our observations of student completion and success rates. This regulation is intended to provide not only for a minimum level of familiarity with the course materials, but also for a reasonable expectation of success on the course examination. Please see Course Regulation 2.02 (4) and (5) for more information.

If I don't submit an assignment for a few weeks, what happens?

Only 2 multiple choice assignments may be submitted in a particular week, regardless of how many assignments have been submitted in prior weeks. Written assignments, if applicable, may be submitted at any time before 12 months from the date a student registers for a course regardless of how many multiple choice assignments have been submitted in that week.

Can I get an exemption from the 2 assignment per week regulation based on my experience, education and commitment to full time studies?

There is no exemption from Course Regulation 2.02 (4). This regulation is intended to provide not only for a minimum level of familiarity with the course materials, but also for a reasonable expectation of success on the course examination. As educators our hope is, of course, that given the importance of a good educational basis for a career in real estate services, most students will wish to engage with the materials to a much greater extent than merely the minimum.

Examination Issues

What is the format of the final examination.

The Rental Property Management Licensing Examination will be three hours in length and contain 100 questions in a multiple choice format, each worth one mark. All supplemental examinations will be two hours in length and contain 60 questions in a multiple choice format, each worth one mark.

What is the passing grade on the examination?

Seventy (70) percent is a passing grade. A passing grade sets the minimum level of performance needed to practice in a profession, as determined by the regulatory body. The passing grade needed must be high enough to protect the public but not so high as to unreasonably limit the number of those who wish to practice.

I read that only about 26% of candidates who write the exam will pass it and the exam is used to limit the number of licensees/registrants in the business? Is this true?

No, this is not true, although extremely low passing grades are sometimes made up and reported by tutorial outfits who are looking for your business. The pass rate for each sitting of the exam varies, however, the majority of students who write the exam will pass. The UBC Real Estate Division and the BC Financial Services Authority do not try to limit the number of students who pass the exam - they are only concerned with the fact that those who do pass the exam have the prerequisite knowledge to be likely to not harm the public.

Licence Renewal

I would like to renew my representative's licence. what do i do.

All candidates who are seeking to renew their licence should contact the  BC Financial Services Authority .

Supplemental

Supplemental course.

The Rental Property Management Supplemental Course is available to those licensees who are currently licensed, eligible to be licensed, or who have passed a full licensing exam within the last year and wish to become licensed to provide additional real estate services. The  Course Schedule  gives you an indication of the topics and lessons included.

Students should confirm their eligibility for a supplemental course before registration. As well, depending on eligibility, some students may be required to satisfy the  English Language Proficiency Requirement  and/or write the full three hour exam.

Tuition for the Supplemental Course is $975.

Exemptions & Challenge

In certain cases, course exemptions are available based on previous related experience or education. If you are currently licensed and wish to add a service to your licence, you are required to complete the Supplemental Course and Examination. Details about course exemptions are set out in the  Educational & Licensing Guidelines  provided by the BC Financial Services Authority.

Challenge Package

The Challenge Package assists students who have received permission to challenge the examination. The Challenge Package includes the course materials in electronic format only (such as the course manual eBook, online assignments and answers, online Practice Questions), access to the Course Resources webpage and the central tutor support service.

Tuition for the Challenge Package is $450. 

The following candidates are eligible to purchase the Challenge Package:

  • Individuals who have been provided with a written confirmation of a course exemption from the BC Financial Services Authority.

Eligible candidates should:

    -  Read the  Challenge Package and Examination Information       -  Download and submit the  Challenge Package Registration Form

Please note that as an alternative to purchasing the Challenge Package, you can purchase some course materials individually from the  Bookstore ; however, the online assignments and answers, online Practice Questions, student handbook and access to the Course Resources webpage are only available with the Challenge Package.

If the BC Financial Services Authority has provided you with permission to challenge the course by writing the examination only , and you wish to register for the next regularly scheduled examination or a CEC examination without purchasing a Challenge Package, you should:

    -  Read the  Challenge Package and Examination Information       -  Download the  Challenge Examination Registration Form DO NOT  download the challenge exam registration form if you are currently registered in the Rental Property Management Licensing Course.

Inter-Provincial

Inter-provincial candidates (those wishing to transfer their licence from another province/territory to British Columbia) should visit the  BC Financial Services Authority webpage  for information.

Tuition and Registration

Rental Property Management Licensing Course: $1,450     Register Now Register Now

Rental Property Management Supplemental Course:  $975      Register Now Register Now

Credit Card Logos

Visa, Mastercard, AMEX, certified cheque, and money order only. Cash and personal cheques are not accepted. 

What's Included

Your tuition fee includes all of the appropriate course materials in electronic format only (e.g., course manual eBook, access to the Course Resources website, and tutorial services. Hardcover manuals are sold separately.

Please note that tuition fees are subject to change and a minimum withdrawal reduction of $200 will apply once your registration has been processed. No refund of course fees will be available unless a withdrawal request is received by our office within one month of your registration date

Hardcover Manual

The Sauder School of Business and the Real Estate Division are committed to sustainability. By using the eBook or PDF version of the course manual that are included with your registration, you will help us with our initiative and save approximately 800 printed pages.

However, we understand that everyone learns differently. If necessary, you can purchase a hardcover manual for an additional $200.00. If you are undecided, you can purchase a hardcover manual from the RED Bookstore at a later date. No Refunds are available after purchase.

Computer Requirement

All students must have access to a personal computer, a printer, and the internet (including email) when taking any Real Estate Division course. You will find that a computer is an essential tool in submitting your assignments, viewing your assignment answers, and for creating effective study notes to help you prepare for your examination. As well, all Real Estate Division courses include online resources and if you do not have internet access or an email address, you will not be able to take advantage of these resources.

Image of woman with a headset talking

Have a question?

Our team is happy to help., get in touch.

bcinfo​​​​​​​@realestate.sauder.ubc.ca

Visit our contact us page .

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  1. Course Assignment & Project Schedules

    Micro Foundations of Real Estate Economics : BUSI 101. Capital Markets and Real Estate : BUSI 111. British Columbia Real Property Law and Real Estate Ethics: BUSI 112. Canadian Real Property Law and Real Estate Ethics: BUSI 121. Foundations of Real Estate Mathematics: BUSI 221. Real Estate Finance in a Canadian Context: BUSI 300. Urban and Real ...

  2. Real Estate Division

    Assignment Submission All multiple choice assignments can be submitted via the online Assignment Submission page. Assignment Answer Guides Online assignment answer guides are available for most of the Real Estate Division's courses. When an assignment has been received, a corresponding online answer guide will become accessible.

  3. How to Submit UBC's Real Estate Assignments

    This video shows you how to submit the assignments required by UBC - Sauder School of Business - Real Estate, Mortgage, or Rental Property Management Licensi...

  4. Real Estate Division

    As Canada's leading real estate educator, the Sauder School of Business Real Estate Division builds on the strength of the Faculty's Real Estate expertise, offering a comprehensive range of top-calibre, industry-driven programs that serve the needs of the real estate community locally, nationally, and internationally. Ongoing collaboration ...

  5. Student Handbook

    The following is an excerpt from the Department of Educational Studies, UBC Faculty of Education, which outlines their grading policies. It is an excellent overview of the criteria applied in the assessment of assignments, projects, and exams in UBC Real Estate Division courses. A Level (80% to 100%) A+ is from 90% to 100%.

  6. Real Estate Trading Services Licensing Course

    Limiting the frequency of assignments to two assignments per week is a Real Estate Division Licensing Course regulation which is in place for the best interests of both students and the public. This regulation was arrived at after a great deal of consideration and after consultation with the BC Financial Services Authority.

  7. Student Handbook

    Course Expectations. Our overall goal is to create an effective learning environment. Students can expect the following from the Real Estate Division: a course that is interesting, relevant, and intellectually challenging; well-planned, organized, and comprehensive course materials; clear expectations and unbiased assessment of student work; and staff who are responsive to student needs.

  8. How to submit your Real Estate assignments to UBC

    You'll need to submit a maximum of 2 assignment questions & answers in order to be eligible for examination in 90 days. This video outlines where to find an...

  9. Answer guide 1

    BUSI 112 Answer Guide No. 1 CHAPTER 1: Introduction to Legal System and Real Estate Industry This assignment is a Multiple Choice Assignment. Marks: 1 mark per question. 1. Answer: 4 A lawyer is only exempt from the basic rule in s. 2 if the transaction in question occurs in the course of his or her legal practice.

  10. How to Prepare to Write the UBC Real Estate Exam

    Make a sheet of paper with a Q (for question) on one side of the sheet and an A (for answer) on the other. Now, when you get to a question on the exam that you don't know, don't panic, just write down what question # it was under Q then under A write down if you choose answer #1,2, 3 or 4. Then when the exam is complete, go back to those ...

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    Course workbook busi 330 answer guide no. real property and the nature of value this assignment is multiple choice assignment marks: mark per question. answer: Skip to document. University; High School. Books; Discovery. ... British Columbia Real Estate Law And Real Estate Ethics 100% (3) 3. BUSI 330 Assignment 2. Foundations Of Real Estate ...

  12. PDF Grading Policies: Assignment, Projects, and Exams

    The following is an excerpt from the Department of Educational Studies, UBC Faculty of Education, which outlines their grading policies. It is an excellent overview of the criteria applied in the assessment of assignments, projects, and exams in UBC Real Estate Division courses. A Level (80% to 100%) A+ is from 90% to 100%.

  13. Online Exam Information

    Online Exam Information. The Real Estate Division currently offers online examinations for BUSI credit courses using the Proctorio online exam program. Proctorio offers a practical and secure means for students to write their exams at home using their own computers. For more information on Proctorio specifically, please visit www.proctorio.com.

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    This assignment is a Multiple Choice Assignment Marks: 1 mark per question. Answer: 2 The principle of substitution holds that the value of property tends to be set by the price that would be paid to acquire a substitute property of similar utility and desirability within a reasonable amount of time.

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    BUSI 331. Answer Guide 6. LESSON 6: Taxation of Real Estate Investments. Answer: 4 Option (4) is true. The rent is paid for the purpose of earning income and is neither a capital expenditure nor a personal expense; as long as it is reasonable and documented, the rent expense can be deducted annually from revenues to lower taxable income and tax payable.

  17. Broker's Licensing Course

    Limiting the frequency of assignments to two assignments per week is a Real Estate Division Licensing Course regulation which is in place for the best interests of both students and the public. This regulation was arrived at after a great deal of consideration and after consultation with the BC Financial Services Authority.

  18. PDF Real Estate Trading Services Challenge Package and Examination

    assignments and answers, and online Practice Questions), access to the Course Resources webpage and the central tutor support service. Please note that if you prefer, you can purchase some course materials individually from the online UBC Real Estate Division bookstore (www.realestate.ubc.ca), however, the student handbook, online

  19. Assignview 7

    © UBC Real Estate Division 2019. BUSI 330. Answer Guide No. 7 Land Valuation. This assignment is a Multiple Choice Assignment. Marks: 1 mark per question.

  20. Frequently Asked Questions

    UBC Real Estate Division programs are accredited university programs sufficient in rigour to receive undergraduate degree credit. As such, they are intended to be challenging, based on the belief that being challenged leads students to more meaningful learning, which in the end leads to quality graduates. ... Written assignments and projects ...

  21. answer key for assignment

    DISCLAIMER: This publication is intended for EDUCATIONAL purposes only.The information contained herein is subject to change with no notice, and while a great deal of care has been taken to provide accurate and current information, UBC, their affiliates, authors, editors and staff (collectively, the "UBC Group") makes no claims, representations, or warranties as to accuracy, completeness ...

  22. Rental Property Management Licensing Course

    Limiting the frequency of assignments to two assignments per week is a Real Estate Division Licensing Course regulation which is in place for the best interests of both students and the public. This regulation was arrived at after a great deal of consideration and after consultation with the BC Financial Services Authority.

  23. PDF Academic Concession Assignment Submission Deadline Extension

    A signed Affidavit form provided by the UBC Real Estate Division. Compassionate Grounds: At times, students may encounter unforeseen circumstances beyond their control in their personal or family life. For example, a student may be going through a divorce or someone close to the student is ill and the student is the primary caregiver.