Real Estate Practice Areas
Real estate professionals in Alberta can work in four practice areas, or sectors:
(click the links to see a more detailed definition)
- residential – helping clients buy and sell residential properties (up to four individual units)
- rural – helping clients buy and sell farms and ranches
- commercial – helping clients buy, sell or lease office, industrial, retail or multi-residential properties (more than four individual units)
- property management – leasing properties on behalf of an owner and dealing with tenants
Real estate associates become eligible to practice in any of the above sectors by completing the corresponding pre-licensing education practice course. They can practice in as many sectors as they choose as long as they’ve completed the education for that sector.
Real estate brokers and associate brokers must complete all four practice courses.
Retaining, Adding, or Dropping Practice Areas
To retain the ability to practice in their chosen sector(s), real estate associates must complete any subsequent relicensing education courses for the sector(s).
If they choose to, real estate professionals can remove a sector from their authorization through the renewal process. However, if a broker or associate broker removes a sector, their licence class will change to associate.
If a real estate professional changes their mind after removing a sector, they can re-add the area of practice to their authorization within 3 years (provided they have completed all related re-licensing education courses), and reinstate their broker or associate broker licence class, if applicable.