New licensees cannot become brokers right away, unless they were licensed as such in a jurisdiction with which Alberta has licensing mobility. Licensees must have at least two years of industry experience within the last five years before upgrading.
To become a broker in mortgage, you need to:
To become a broker in real estate, including property management, you need to:
Every broker must have a brokerage. You can either open a new brokerage or take over an existing brokerage.
An associate broker has all of the education required to become a broker, but is not in charge of their own brokerage. You do not need two years of industry experience to become a real estate associate broker.
If you have completed the Real Estate Brokers Course, your licence automatically changes from Associate to Associate Broker.
You can confirm your licence class within myRECA.