June 22, 2017 – Broker Licensing Application Update

From July 1 to September 30, 2017, RECA reduces the 2016-2017 fee for new and re-instatement licence applications to $275, and the REIX fee drops to $100.

Because of the fee change, RECA will delete any unfinished new or re-instatement licence applications in the myRECA system at midnight on June 30. Brokers must re-initiate those applications on July 1 if they and the associate wish to continue the process.

You should:

  • advise new associates to wait until July 1 to begin their licence and registration application with your brokerage
  • complete active licensing applications prior to July 1
  • when possible, avoid starting any new applications the week prior to July 1
  • take note of any active applications you will not complete by July 1, and work with new associates to start applications after July 1

If you have any questions, please contact info@reca.ca.

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