Pre-licensing education is a serious time and financial commitment.
Each industry has its own pre-licensing program you must complete before you can apply for a licence. Please review the initial eligibility requirements before you read further.
Real Estate and Property Management
The Real Estate Associates Program (REAP) consists of the Fundamentals of Real Estate course, and a series of practice courses, one for each of the four areas of practice, including property management.
REAP costs anywhere from $2,150 to $4,700 depending on the number of practice courses you take, and you must complete the program in 18 months.
Complete the free online Real Estate Career Information Session before considering a career in real estate or property management. It will outline what working as a professional is like to help you decide if enrolling in REAP is the right decision for you.
The Mortgage Associates Program (MAP) consists of the Fundamentals of Mortgage Brokerage course and the Practice of Mortgage Brokerage course.
MAP costs $2,800 and you must complete the program within one year.
Real Estate Appraisal
Waived Pre-Licensing Requirements for New Real Estate Appraisers
Currently, potential real estate appraisers are required to complete RECA’s pre-licensing education focused on professional obligations under the Real Estate Act. These obligations will no longer be relevant upon the proclamation of Bill 20, so the RECA Executive Director has waived the requirement to complete RECA’s pre-licensing education for appraisers prior to becoming licensed.
RECA will not be providing refunds to any potential appraisers who have begun the course.
The appraisal associations and RECA agree that potential appraisers should continue to read the Real Estate Act and Rules, and combined with responsible supervising real estate appraisers, this will provide adequate oversight for new appraisers in the interim.