by Stuart Neal
on Monday, August 24th, 2020 at 8:25am.
1. Earn Your Real Estate License. Working as a REALTOR® in the re-sale market (used homes) and assisting buyers who wish to purchase from builders is regulated in Alberta and you must be licensed.
There is a number of steps to this process.
a. You will need to check that you are eligible to be licensed with RECA (Real Estate Council of Alberta).
b. You will need to complete your studies. At the current time RECA provides all training. As of this moment there is 3 modules you must complete to be eligible to trade in residential real estate. Most folks can get this done in 3 to 6 months if they really work har
c. You must pass an exam to test your knowledge. At the present moment, RECA allows student 18 months to get to this stage.
2. You must complete the criminal record check and be eligible for licensing.
4. You must join all 3 pillars of real estate. Organised real estate, i.e. real estate trading through the MLS® System requires you to join your local real estate board. In our community that is the REALTORS® Association of Edmonton (RAE), the Alberta Real Estate Association (AREA) and the Canadian Real Estate Association (CREA).