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Simulators / RealtyQuest
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RealtyQuest

Real Estate Transaction Simulator

Learn the transaction process behind buying and selling a home. Draft a standard BC Contract of Purchase and Sale, add protective subject clauses for financing and home inspections, negotiate subject removals, navigate security deposit trusts, and compile closing statements including BC Property Transfer Tax adjustments.

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Draft Contract
Write purchase terms
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Subject Removal
Fulfill contingencies
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Trust Account
Manage buyer deposits
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Closing Costs
Exemptions & legal fees

Built for

First-time home buyers, business/finance learners, and students interested in real estate careers.

Key features

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Contract Builder

Write standard purchase contracts. Set transaction price, deposit timelines, completion dates, and list items included (appliances, blinds).

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Subject Clauses Lab

Configure standard subjects (financing approval, satisfactory home inspection, title check, and strata documentation) to protect buyer interests.

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Subject Removal Board

Inspect inspector reports and bank appraisals. Renegotiate purchase price or demand fixes before signing the Subject Removal Form.

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BC Closing Statement

Balance buyer/seller statements. Apply BC Property Transfer Tax exemptions, legal notary fees, and register title transfers via LTSA.

Built for the classroom

Completely self-contained sandbox — no internet required when run locally in the classroom.

Educational simulation only — no real real estate transactions, binding contracts, or property ownership involved.

Ready to teach real estate transactions and contracts?

RealtyQuest is part of our hands-on Life Skills workshops.

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