With over 56, licensed real estate Brokers and Salespersons in the Greater Toronto Area alone, the real estate industry has grown considerably in recent years. But what are the first steps and how do you get started as a licensed real estate salesperson? Read on to find out…. Before registering, however, you must complete mandatory pre-registration education courses and examinations. The course is very flexible and can fit around your current commitments.
Learning materials are also accessible online, so remote learning is an option. To qualify for entry to the program, you must hold a Canadian secondary school diploma or GED certificate or an equivalent credential that the college accepts.
According to the Humber College website, the program will offer a variety of benefits for participants. Participants will also benefit from online data banks of searchable information, as well as vital information to help you get started in real estate sales and find your first sales position. Examinations will be held at the end of each course and these must be passed in order to move onto the next course.
In addition to the courses, there are two separate in-person simulation sessions that last a week each. In these sessions, participants will get a chance to apply their new knowledge in real-life scenarios. The course needed to be taken in order and there are flexible schedules available, including online learning options for those who live far away. Because of the flexibility, completion time varies amongst candidates but, in general it takes nine months to a year to complete all the required parts of the program.
Once you pass all your examinations and complete your simulation sessions, you will have successfully completed the program and can then move on to the next step. These come in all shapes and sizes in the GTA — from small independent brokerages to huge multinational corporations with franchises across the globe.
Each brokerage works differently, with different support services and marketing approaches, for example. However, most share common features in the way they hire and employ licensed real estate sales people. The most common feature is a regular fee paid by the salesperson to the brokerage. This can take the form of franchise fees, desk fees, brokerages or often a combination of those.
One brokerage that operates with a different model is Living Realty. Celebrating its 40 th anniversary in , it is a family-operated brokerage operating out of a large head office in Markham and with five office locations across the GTA and approximately active real estate sales agents. Unusually for a North American real estate brokerage, Living Realty does not charge any fees to its agents. No desk fees, no franchise fees, no office fees; nothing.
At the same time, Living Realty provides industry-leading back office support and ongoing training — investing in its agents and helping them to grow into better and more successful sales people. Many of the most successful sales people in the Greater Toronto Area started their careers with Living Realty and remain as part of the Living Realty family to this day.
Once you have completed the pre-registration education courses and associated yourself with a brokerage, you can apply to register with RECO. During this time, you must complete several more mandatory continuing education courses within the 2-year articling period after which you will become a full-fledged sales representative.
Thereafter, every registrant must continue to take Continuing Education courses offered by RECO every two years to renew their licence. A criminal record check is required when applying to become a real estate salesperson but a criminal record may not disqualify someone, depending on the crime.
RECO would be able to provide more clarity on this. In order to work in Ontario, you need to have the correct permissions. That could be permanent residency, citizenship, or a work permit. We are not experts in employment law, however, so please double check the information for yourself. Currently, Humber College is the only place to take the required courses to become a registered real estate salesperson.
Hello, I actually enrolled in law clerk 2 year course in Seneca College. It is my last semester and in my 2nd semester and 3rd semester, I completed my real estate course in the program. After you are done with the pre-registration stage, and you associate yourself with a brokerage, you will be eligible to register with RECO. You have 12 months starting from the completion date of the pre-registration phase to register yourself with RECO.
Criminal background check. You are officially a licensed real estate salesperson and a new addition to the real estate industry. As a real estate agent in Ontario, you must renew your license every 2 years. So to be eligible to renew your license, you have to complete the post-registration phase. You can choose two of five electives and a compliance course in the post-registration phase. This is the last step in your Real Estate Salesperson Program learning path. For detailed information, visit here.
If you would like to become a real estate broker, click here and if you would like to take up the role of a licensed real estate agent, click here. If you have any questions, check out the FAQs here. Stay tuned to Icy Canada for more informative articles. Do let us know your thoughts on this article. Also, if you have any experience in this field, do share a few details in the comment section. Your email address will not be published.
Let us look at what you need to do to get your real estate license Ontario. Table of Contents. You can also look to real estate boards across Ontario to find brokerages, specifically those near you. In fact, course 5 of the Pre-Registration Phase of the program guides learners on how to launch their careers, with a focus on topics like obtaining and maintaining registration and insurance, and strategies for how to select a brokerage for employment.
Login Learner Portal Facilitator Portal. Becoming a Real Estate Professional in Ontario.
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