Real Estate Brokers Program
Effective March 1, 2012, the Real Estate Council of Alberta (RECA) made changes to the Real Estate Brokers Program which is the educational requirement for a broker and associate broker licence.
Program Description
The purpose of the Real Estate Brokers Program is to promote the development of competent and ethical real estate brokers and associate brokers. A real estate broker is responsible for the following:
-
Actions of anyone employed by the brokerage he or she is licensed to operate whether in residential, commercial, property management or rural (farm, ranch, and acreage) real estate
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Planning and coordination of the real estate brokerage
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Operation of the real estate brokerage within the legislative framework
The Real Estate Brokers Program contains some material that is no longer up to date. In the past, AREA has developed and delivered this program on behalf of the Real Estate Council of Alberta (RECA) although RECA has always approved the content.
Currently the Real Estate Brokers Program is in transition and the development and delivery is moving from AREA to RECA. As the transition proceeds, RECA will revise and enrich the current content.
Prerequisites
Any real estate industry member applying to the Real Estate Council of Alberta (RECA) for a broker or associate broker licence must have documented two years of licensed experience as a real estate associate within five years preceding the application for the licence.
The following chart outlines the education requirements for a real estate broker or associate broker license.
|
REAP Course Completed |
Activities For Which The Individual Is Authorized |
Education Requirements To Be Completed For An Associate Broker or Broker Authorization |
Pre June 2007
Real Estate Agents Program - Res
RE 1000 |
Authorized for All Real Estate Activities |
- Complete REAP Phase 3 Introduction to a Career in Property Management (through RECA)
- Complete Commercial and Rural REAP Phase 3 sections (through AREA)
- Complete Real Estate Brokers Program (through AREA)
|
Pre June 2007
Real Estate Agents Program - Comm |
Authorized for All Real Estate Activities |
- Complete REAP Phase 3 Introduction to a Career in Property Management (through RECA)
- Complete Residential and Rural REAP Phase 3 sections (through AREA)
- Complete Real Estate Brokers Program (through AREA) |
Post June 2007
RE Associates Program (Phased) |
Authorized for All Real Estate Activities |
Complete Real Estate Brokers Program (through AREA) |
|
Authorized for Residential, Commercial and Rural Real Estate Only (not authorized for Property Management activities) |
- Complete REAP Phase 3 Introduction to a Career in Property Management (through RECA)
- Complete Real Estate Brokers Program (through AREA) |
|
Authorized for Property Management Activites Only |
- Complete Residential, Commercial and Rural REAP Phase 3 sections (through AREA)
- Complete Real Estate Brokers Program (through AREA) |
Program Requirements
Applicants must complete the program and achieve a minimum of 70% on the Provincial Qualifying Exam (PQE) to apply for the licence. You have two years to complete the program. Click on the following courses to find out more information
You can choose to take this program either by distance delivery or in the classroom.
Core Courses (Required)
*A minimum of 70% is required on assignments to pass.
**A minimum of 70% is required on exams to pass.
Provincial Qualifying Examination (PQE): A minimum of 70% is required to pass.
You must complete and achieve a minimum of 70% on all assignments and exams before writing the PQE. For each course taken in the classroom, you are required to have 75% attendance. |
Cost
Online course cost: $230.25 per course (including transaction fees and taxes)
Classroom course cost: Please click the following delivery institutions for the cost and the classroom schedules.
Calgary
Calgary Real Estate Board
Edmonton
Real Estate Training Institute
If the course is not offered at a location or time convenient for you, you can either register for the online course or wait for the next available classroom session. You may register for all courses together or separately.
Need more information? Contact
education@areahub.ca or 403.228.6845 (toll free 1.800.661.0231).
Upon completion of your course, contact an
exam centre to schedule your exam.
For AREA's refund policy
click here.