HOW DO I BECOME A REAL ESTATE SALESPERSON?

To register as a salesperson under the Real Estate Council of Ontario and trade in real estate in Ontario, the following qualifications must be met:

  • Permanent Canadian resident
  • Minimum of 18 years old
  • Complete the pre-registration courses
  • Apply for registration with a registered brokerage within 12 months of completing Pre-Registration Segment
  • Complete and submit approved forms from the Registrar, along with the assigned fee

SALESPERSON REGISTRATION EDUCATION PROGRAM

PRE-REGISTRATION SEGMENT

Any salesperson that hopes to enroll in the Salesperson Registration Education Program must first complete the Pre-Registration Segment within 18 months of the start date of their first course.
Courses in the Salesperson Registration Education Program must be completed in the following order:

Real Estate as a Professional Career1

Real Estate as a Professional Career

Land, Structures and Real Estate Trading2

Land, Structures and Real Estate Trading

The Real Estate Transaction - General3

The Real Estate Transaction - General

The Residential Real Estate Transaction4

The Residential Real Estate Transaction

The Commercial Real Estate Transaction5

The Commercial Real Estate Transaction

Real Property Law6

Real Property Law

Students must pass with a minimum final mark of 75 per cent to proceed to the next course. After the Pre-Registration Segment, students must obtain employment with a brokerage and register as a salesperson with the Real Estate Council of Ontario within 12 months.

Course Name Fee
Course 1 $525
Course 2 $545
Course 3 General & Residential $850
Commercial $425
Real Property Law $505

Total fee for pre-registration: $2850

ARTICLING SEGMENT

The Articling Segment, a mandatory 24-month period, is the last part of the program to finish.

Once a new graduate registers with RECO as a salesperson, the two-year Articling Program begins. During this stage, one of the following elective courses must be taken:

Principles of Appraisal 1

Principles of Appraisal

Principles of Mortgage Financing 2

Principles of Mortgage Financing

Principles of Property Management 3

Principles of Property Management

Real Estate Investment Analysis 4

Real Estate Investment Analysis

Course Name Fee Notes
One Elective $505 Mandatory

Total fee for Articling: $505

Licensing Fees*
Type Fee Details
TREB Entrance Fee $460 One Time Fee
TREB Dues & Life Insurance $761.80 Annually
CREA Entrance Fee $200 One Time Fee
CREA Dues $310 Annually
OREA Entrance Fee $200 One Time Fee
OREA Dues $110 Annually
RECO Licence Fee $350 Every 2 Years

*Registrant is to verify all fees. Above figures may not be exact and accurate.

 Ready to Start Your Real Estate Career?