Those of you who live north of the border with a passion for real estate have the opportunity to turn that passion into a career by finding out how to become a real estate agent in Alberta. As with every jurisdiction there are a few hoops to jump through, and a bit of learning to be done before you can qualify for a real estate license, but that is to be expected. Alberta actually has a very efficient and comprehensive system in place for people new to the industry to get qualified, registered and employed.
Before you get started though, there are a few basic requirements that you must meet before you get started on the road to becoming a licensed real estate agent. You will need to have a Canadian High School Diploma (or equivalent), be fluent in English and be at least 18 years of age. If you can tick all those boxes, then you are set to go and start looking at Alberta real estate with view to sales.
How To Become A Real Estate Agent In Alberta: the theory
The next step involves enrolling in and completing the Real Estate Associate’s Program (REAP), which is designed to introduce you to the industry and how it works at a basic level. This part of the course is called Phase 1 and not surprisingly must be completed before you move on to the next part, Phase 2. There is no assignment or exam or anything like that for Phase 1, although it will cost you just over $120 (including taxes and fees) for the online delivery of Phase 1.
Phase 2 involves the fundamentals of real estate practice and discusses the laws, responsibilities and obligations which are part of everyday life as a real estate professional. This part of the course is available either through face to face teaching or by online course delivery. It is at this stage that you must provide a copy of your High School Diploma or equivalent as well as your certificate of proficiency in the English language (if applicable).
The cost for Phase 2 differs depending on your choice of method of delivery and location, but generally hovers around the $1500 mark. The material taught in this phase is examinable, with a pass mark of 70%. This is to ensure that a good standard of professionalism and proficiency is maintained across the board. Once the candidate has successfully passed Phase 2, they can move on to Phase 3.
Which Module of Phase 3 you choose to complete is entirely dependent on what sort of position you are pursuing in real estate. If you specifically want to work in property management, then complete the first two phases and only the property management module of Phase 3. If you do not wish to be a qualified property manager, then there is no need to complete that part of Phase 3. It is that sort of flexibility that I really like about learning how to become a real estate agent in Alberta.
Note that once you have completed the REAP training course, you must also undertake the Understanding Designated Agency and Transaction Brokerage course, which the Real Estate Council of Alberta (RECA) administers. Once you have completed these training requirements you will then be able to complete an application form for a real estate license and begin employment in the real estate industry. Also note that you will be required to complete a criminal record check and supply the results to RECA before you will be able to begin employment as a real estate agent in Alberta.