Course Recognition
Success in any line of work rests upon a combination of education and experience. The real estate courses at Langara College provide a foundation of professional education that will complement your work experience, build your professional expertise, and advance your career.
Course equivalencies and options for pursuing a variety of professional designations and educational credentials are outlined below.
BC Housing has recognized several courses as professional development for their Contractors Licensing:
- PROP 1022 Residential Construction
- GBSC 1004 Business Communication
- PROP 1085 Estimating Construction Costs
- PROP 1086 Controlling Construction Costs
- PROP 1033 Real Estate Development
- PROP 1049 House Construction
- ENTR 1009 How to Start Your Own Business
- PROP 1091 Reading Technical Drawings 1
- PROP 1092 Reading Technical Drawings 2
- PROP 1066 Development Application Process
- PROP 1073 Building Design & Construction
- PROP 1096 BC Building Code Energy Efficiency Standards
- PROP 1087 Invisible Hazard - Asbestos in Buildings
The following courses have equivalencies in the Real Estate Division of the Sauder School of Business at UBC:
- PROP 1001 Property Management - Residential BUSI 441
- PROP 1002 Property Management - Commercial BUSI 451
- PROP 1004 Real Estate Law BUSI 111
- PROP 1005 Real Estate Appraisal BUSI 330
- PROP 1020 Real Estate Investment Analysis BUSI 331
- PROP 1022 Residential Construction BUSI 400
- PROP 1024 Real Estate Mathematics BUSI 121
- PROP 1023 Real Estate Finance BUSI 221
Students may transfer all of the above courses toward the UBC Diploma in Urban Land Economics and the UBC Bachelor of Business in Real Estate. Students with a business degree may apply two courses (i.e. Real Estate Appraisal and Real Estate Investment Analysis) toward the UBC Post-Graduate Certificate in Real Property Valuation, an accelerated pathway to the AACI designation from the Appraisal Institute of Canada. This option may appeal to Langara College Bachelor of Business Administration (BBA) graduates.
For information on UBC programs in real estate, visit UBC Real Estate. Students who intend to transfer course credit from Langara to UBC should discuss their education plan with UBC.
BC Financial Services Authority (BCFSA)
BC Financial Services Authority (BCFSA) is responsible for the licensing process in BC for various professions. Students have the option of completing specific Langara College courses to become eligible to request a waiver from the applicable UBC licensing course. Students would be responsible for meeting all other BCFSA requirements (English Proficiency, licensing examination, applied practice course) with BCFSA directly.
Trading Services Licensing
Students can complete the following 4 courses to be exempt from the UBC Real Estate Trading Services Licencing Course:
- PROP 1004 Real Estate Law
- PROP 1005 Real Estate Appraisal
- PROP 1023 Real Estate Finance
- PROP 1024 Real Estate Mathematics
Rental Management Services Licensing
Students who complete the Property Management Certificate program and the following courses may be exempt from the UBC Rental Property Management Licencing Course:
- PROP 1001 Property Management - Residential
- PROP 1004 Real Estate Law
- PROP 1005 Real Estate Appraisal
- PROP 1020 Real Estate Investment Analysis
For full information on licensing course requirements visit the BC Financial Services Authority website at www.bcfsa.ca
Appraisal Institute of Canada
The Appraisal Institute of Canada awards two professional designations: the Canadian Residential Appraiser (CRA) and the Accredited Appraiser Canadian Institute, Professional Appraiser (AACI, P.App.).
The following three courses may be applied toward the CRA designation:
- PROP 1004 Real Estate Law
- PROP 1005 Real Estate Appraisal
- PROP 1022 Residential Construction
The above courses, plus the following two courses, may be applied toward the AACI designation:
- PROP 1020 Real Estate Investment Analysis
- PROP 1024 Real Estate Mathematics
Note: UBC administers the entire Appraisal Institute of Canada Education Program across all of Canada on a distance education basis. Langara College offers the above courses on a classroom basis to serve local students. For complete information on the Appraisal Institute of Canada Education Program, visit www.realestate.ubc.ca. Students who intend to transfer course credit from Langara to UBC should discuss their education plan with UBC.
Real Estate Institute of British Columbia
The Contining Studies Diploma in Real Estate meets the education requirement for the RI designation of the Real Estate Institute of British Columbia.
For information on the Real Estate Institute of BC and the RI designation, see their website or call 604-685-3702
Professional Association of Managing Agents
All courses within the Property Management Certificate program, the Professional Building Manager Certificate program, and the Real Property Analyst Certificate program are eligible for credit toward the Certified Professional Residential Property Manager (CPRPM) designation awarded by the Professional Association of Managing Agents (PAMA). Visit www.pama.ca for information on PAMA and the CPRPM designation.
Strata Property Agents of British Columbia
The Strata Property Agents of British Columbia (SPABC) is a professional association comprised of approximately forty strata management companies in British Columbia. SPABC strongly encourages recently licensed strata managers to complete the “PROP1043 Advanced Strata Management” course offered by Langara College. This is an applied course designed for strata managers in their first year of employment with a strata management company. Experienced strata managers can also take the course as a refresher and a review of critical topics.
Institute of Real Estate Management
Two courses within the Real Property Analyst Certificate program (Real Estate Law and Real Estate Mathematics) may be applied toward the CPM designation, awarded by the Institute of Real Estate Management through the Real Estate Institute of Canada.
Visit www.irembc.ca for information on the CPM and the ARM designations.
Institute of Municipal Assessors
Real Estate Appraisal and Real Estate Mathematics fulfill two of five course requirements for the UBC Certificate in Real Property Assessment. This certificate meets the core educational requirement leading to the Institute of Municipal Assessors’ Associate Member (AIMA) and Accredited Member (MIMA) designations. Visit www.realestate.ubc.ca for more information.
British Columbia Non-Profit Housing Association
The Social Housing Management Certificate was developed through a partnership between Langara College and the BC Non-Profit Housing Association (BCNPHA). BCNPHA represents almost 400 housing societies located around the province. The certificate program is designed for staff, managers, and volunteers engaged in social housing operations or development.
The Social Housing Management Certificate program at Langara College gives students a broad base of academic and practical knowledge, and cultivates important management skills directly related to social housing. To support ongoing professional development among social housing practitioners, BCNPHA offers numerous seminars and workshops each year, in addition to organizing a major annual conference each November. Visit www.bcnpha.ca for information on the BCNPHA.
British Columbia Real Estate Association (BCREA)
The following Langara courses are approved for accreditation in the Professional Development Program of the B.C. Real Estate Association:
- PROP 1001 Property Management - Residential
- PROP 1004 Real Estate Law
- PROP 1005 Real Estate Appraisal
- PROP 1020 Real Estate Investment Analysis
- PROP 1022 Residential Construction
- PROP 1023 Real Estate Finance
- PROP 1024 Real Estate Mathematics
Visit BCREA for more information.
Langara College Regular Studies
Graduates of Regular Studies’ Diploma in Accounting, Diploma in Business Management, Diploma in Financial Management, or BBA degree program may apply selected courses in economics and accounting toward the Continuing Studies’ Real Property Analyst Certificate.