Opening a brokerage is a multi-step process. If you have any questions, contact RECA’s Brokerage Licensing Administrator at email@example.com or (403) 228-2954 (toll-free in Alberta at 1-888-425-2754).
Please review all the steps before beginning the process to open a brokerage.
In real estate, including property management, and mortgage brokerage, associates need at least two years of licensed industry experience within the last five years.
In your myRECA account, if you are eligible to become a broker, a button to Open a Brokerage will appear below your Licence in your myRECA profile (do not click this button until you complete Step 2 below).
If you do not see this button, check the broker eligibility requirements here.
Frequently Asked Questions
When you are eligible to become a broker, the Apply to Open a Brokerage button appears on the Current Licences page within the Licensing tab of your myRECA account.
Before you begin the application on myRECA, review the list of documents (below) that you will need as part of the application process. You will need to upload these documents using myRECA. The documents required depend on how you answer certain questions in the application.
If your brokerage is a corporation and you own more than 50%:
If your brokerage is a corporation and you own 50% or less:
If your brokerage is a partnership:
If your brokerage is a sole proprietorship:
Once you have the required documents, click the Open a Brokerage button to begin. Follow the steps and pay the Brokerage Licensing Review Fee. Click here to view a Fee Schedule.
If you want more information about the required documents, please contact RECA at firstname.lastname@example.org.