The Québec Federation of Real Estate Boards (QFREB) protects and defends the interests of Québec’s real estate brokers.
I am very satisfied with the work that has been accomplished within our Federation. Being better organized, more proactive and having a stronger sense of teamwork are all the more important now that we have crossed a crucial stage for the future of our profession: the revision of the Real Estate Brokerage Act (REBA).
In a well-coordinated effort, the Federation and its members stepped up their efforts in recent months to raise awareness among stakeholders and policy makers on the need to clarify the definition of an “act of brokerage” by including the concept of consulting services.
While it is fundamental that the rules and responsibilities associated with an act of brokerage be equally applicable to everyone, whether it be “real estate coaches” or real estate brokers whose profession is regulated by the Organisme d’autoréglementation du courtage immobilier du Québec (OACIQ), the government refused to subject real estate coaches to appropriate regulation.
It is a matter of fairness to real estate brokers, who are subject to strict requirements and must perform certain duties. It’s also about protecting the public. Consumers must clearly understand the risks they face when dealing with a real estate coach.
The Federation has made significant gains and advances over the past year, but we still have much to accomplish to meet the challenges facing our profession.
The fundamental objective is clear: ensure that the QFREB and its boards – in accordance with their respective roles – can better help brokers to grow and gain market share. There is no doubt that we will continue to focus on this objective.
Patrick Juanéda, President