How to earn a Real Estate License in Canada

By Tom Millar

A career as a real estate agent is terribly difficult, rewarding, and financially gratifying. In Canada, if you're interested in the fast paced world of real estate, there are a number of steps you've got to take to get your real estate license.

To get your license, you have to be a minimum of eighteen years old. You had to have completed high school and be fluent in English. The standards and rules to be an agent can vary among the provinces so you need to check with your provincial board to get the precise requirements. You've got to take and pass a real estate exam. In most provinces, it's the Provincial Board that's responsible for issuing the exam.

One must take a real estate program before they take the licensing exam. You can take the course in a very traditional classroom setting or online. You'll check with your provincial board to find out where programs are being held. You may take a range of courses. The first course covers such areas as what's involved with having a career as a agent as well as what skills you need and what you've got to do register as a agent. The following course you take may be a more detailed class that includes: the rules and laws governing the Canadian real estate business, National and Provincial laws for the industry, and other aspects that handle the policies concerning the industry. The third course goes into the specifics of being a agent. One will opt for to study either Residential or Industrial Commercial Investment (ICI).

The Industrial Commercial Investment, ICI, course usually consists of eighty hours of classroom study. Areas of study include: vacant land procedures, retail sales, workplace building sales, and multiple unit sales. The Residential Course additionally requires about eighty hours of class time. Such areas covered include: promoting procedures, finding buyers, finding sellers, and how to set up for and gift offers...etc. Both courses provide an in-depth study of the real estate market so that one is prepared to begin their career as a real estate agent.

Once you've got completed the program, you need to then apply to work for a broker. You want to then acquire a certain amount of hours of work expertise before you are taking your licensing exam. The quantity of labor expertise required can vary among provinces. Ask your employer or contact the board concerning the criteria required to require the exam. Some provinces will require that you're taking a pre-licensing course. The time it takes to get a license in Canada can vary among the provinces. It also depends on how well one meets the factors for the licensing requirements. The costs associated with getting a license vary among the provinces. You'll be required to pay for such fees as courses, pre-licensing expenses, and the exam fee.

There are many opportunities accessible to have a successful career as a agent. There's a wide-range of specialties that need specific certification however they're well worth exploring. Real agents are an important part of the real estate industry that provides potential agents a rewarding and stimulating career.

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