Succession Planning Resources
A well-crafted succession plan establishes how a brokerage will remain operational, compliant, and client-focused in the event of a managing broker’s departure – whether planned or unexpected.
Guidance About Transitioning
Maintaining a current, detailed succession plan allows managing brokers to protect their licensees, clients, and reputation while fulfilling their legal obligations under the Real Estate Services Act.
Designed to encompass the key elements of an effective succession plan, this six-piece series provides information on what a succession plan entails, regulatory requirements, considerations for selecting a successor, selling a brokerage, and more.
1
What is a Succession Plan?
Find out more about what makes up a succession plan.
2
Succession Plan Checklist
Use this checklist to keep your succession planning on track.
3
Maintaining Continuity: Transaction, Regulatory, and Succession Considerations
Discover more about the impacts of a managing broker’s departure.
4
Key Components of a Succession Plan
Examine what elements go into creating a succession plan.
5
Common Exit Strategies
Learn about selling a brokerage, along with tax and financing considerations.
6
Tax Considerations
Explore the sale of assets, shares, or units and their tax implications.