How To Become A Real Estate Agent In Ontario
By Andrew John Cocks | Real Estate In Ontario
How To Become A Real Estate Agent In Ontario
There is a variety of career paths in real estate to become a licensed real estate agent in Ontario. These include property management, Residential Property, Fix and Flip, Commercial & Industrial, Condominium, Student Rental, MLS Listings and investment real estate, farm or acreage real estate and business brokering. Enough motivation and effort is necessary but candidates who meet all the basic requirements for a license can easily become real estate agent in Ontario.
Instructions
Basic Requirements
1.You must be at least 18 years of age.
2.You must have Canadian high school diploma or equivalent.
3.You must check the course requirements of your resident province; to become a licensed real estate agent in Ontario, required courses depend on the province in which you live.
Become Licensed
1.First of all, complete the Real Estate Associates Program (REAP) and the courses offered online by the Real Estate Council of Alberta (RECA) to be eligible for a license in Alberta.
2.Start searching for work with a broker, who is responsible for applying for the candidate’s license and registration from RECA.
3.Undergo an investigation into your background, per British Columbia’s Real Estate Services Act. Individuals with summary convictions will not be granted licenses until two years after paying retribution.
4.Now it is time to choose and pursue your own real estate career path in British Columbia and pursue the appropriate licensing course of study from the University of British Columbia (UBC) Real Estate Division.
5.You have to complete a 15-day licensing course in Nova Scotia and you must have to get the 70 percent of the exam to pass. If you don’t get this percentage in three tries, do it again.
6.Now you have to complete the Application for a Salesperson form and a Schedule “A” and have your broker sign the forms. Submit the forms, along with all required documents. These include your exam letter, a copy of your birth certificate, your drivers license and the appropriate fees to the Nova Scotia Real Estate Commission.
7.Now it is the stage to complete the Real Estate Council of Ontario’s pre-registration courses, administered by the Ontario Real Estate Association.
Tips & Warnings
1.Take the Real Estate Sales ability Test in British Columbia. While it’s not mandatory, it helps to determine that you are suited to real estate work before you spend money to become licensed.
2.Visit the Real Estate Institute of Canada website to find out the contact information for the various regional leading bodies in Canada.
3.You can’t have a criminal record in the five years before applying for a real estate license in Quebec.
4.Applicants must not have committed any offense against the Real Estate Brokerage Act, or an act governing real estate brokerage outside Qubec, in the five years earlier to applying.
Name: Rhys Trenhaile
Company: Manor Windsor Realty Ltd.
Address: 3276 Walker Road, Windsor, ON
Zip Code: N8W 3R8
Phone #: 519-250-8800 x148
Fax #: 519-966-0536
propertysold.ca How To Become Real Estate Agent in Ontario, Canada? How much does it cost to become a real estate agent in Toronto? To become a real estate agent in Ontario you must first complete 3 real estate courses offered by the Ontario Real Estate Association. After passing those 3 courses (cost 30), you need to apply to Real Estate Council Of Ontario (RECO) and get insurance (0) and registration (0). You can then choose to join the Toronto Real Estate Board (TREB) at an annual cost of 0 plus 0 for CREA and OREA. You also need to join a brokerage before you apply to RECO and TREB. Some brokerages charge desk fees from 0 to 00 per month.