The brokerage is the company consumers deal within the real estate, property management, and mortgage industries. Every brokerage is run by one broker, and may have associates and associate brokers registered with the brokerage to carry out activities on behalf of the brokerage.
Brokerages can also hire administrative staff (e.g. conveyancing, accounting, clerical staff) as long as the staff do not perform activities that require a licence.
Updating your brokerage policies and procedures manual just got a whole lot easier! RECA’s brokerage policies and procedures manual template is now available for download.
Step-by-step process for opening a real estate, property management, or mortgage brokerage in Alberta.