All industry professional authorizations expire on September 30 each year. To remain authorized, real estate, mortgage brokerage, real estate appraisal, and property management professionals must renew on or before September 30.
Renewal applications begin and are processed through myRECA. Review the tutorials for renewing your licence for additional assistance:
Brokers—RECA notifies brokers when they can begin renewing their broker and brokerage licences through their myRECA accounts, usually in mid- to late-August. Brokers renew by clicking the Renew button under the My Brokerage tab. Associates and associate brokers in the brokerage are unable to renew until the broker renews the brokerage. RECA usually gives brokers an additional week to renew before notifying the rest of the industry that renewals have started. Brokers will know their brokerage is renewed when the circle next to their brokerage licence turns green.
Real estate appraisers—RECA notifies appraisers when they can begin renewing their licence, usually in mid- to late-August. Appraisers renew by clicking the Renew button under the Licensing tab, following the steps, and paying their fee. They’ll know they’re renewed when the circle next to their licence turns green.
Associates and associate brokers—RECA notifies associates and associate brokers when they can begin renewing their licence, usually one week after RECA notifies brokers. Associates and associate brokers renew by clicking the Renew button under the Licensing tab, following the steps, and paying their fee. They will know they’re renewed when the circle next to their licence turns green. Associates and associate brokers cannot renew until their broker has renewed the brokerage licence.
Mortgage Broker Update 2020 – Managing Mortgage Brokers
The Real Estate Council of Alberta (RECA) advances knowledge, skills, and practice through education and services to real estate professionals. The Mortgage Broker Update 2020 for Managing Mortgage Brokers is the Re-licensing Education Program (REP) for those who want to maintain their authorization as a broker. Completing the course before September 30, 2020 fulfills the education requirements for re-licensing in this license class. Should you not complete this re-licensing course your license class will be downgraded to associate. Enrol in this eLearning course by logging into your myRECA account and go to the Education tab. You’ll find the course in the Course Catalogue.
Upon completion, mortgage brokers will receive 3 compulsory continuing education credits approved by Mortgage Professionals Canada (MPC). Industry members who have the Accredited Mortgage Professional (AMP) designation can claim these credits by self-reporting their course completion.
Under the real estate licensing model launched in June 2015, real estate associates can choose the sectors of real estate practice they wish to license in (residential, commercial, rural and/or property management) and only complete the pre-licensing courses for those sectors. In 2016, RECA began launching separate real estate REP courses for specific sectors.
This change could create an issue for real estate professionals licensed in several sectors. In the future, they could potentially have to complete four separate REP courses in order to renew, even if they do not actively practice in one or more of those sectors. To resolve this issue, current real estate professionals will have the option to remove sectors from their licence prior to renewal. Real estate professionals would have the option to re-license in those areas within 36 months without having to complete the pre-licensing education.
Real Estate Update 2019 (Real Estate Brokers)
All real estate associate brokers and brokers must complete the Real Estate Update 2019 for Real Estate Brokers course prior to renewing in September 2019.
The course covers: risk management, cybersecurity, and occupational health and safety. The estimated time to complete the course is about 3 – 5 hours. The course is divided into sessions that enable you to complete it in segments. Enrol in this eLearning course by logging into your myRECA account and go to the Education tab. You’ll find the course in the Course Catalogue.
Real Estate Update 2019 (All Real Estate Professionals)
All real estate professionals (including all brokers and associate brokers) must complete the Real Estate Update 2019 (All Real Estate Professionals) course prior to renewing in September 2019.
This course covers:
Clean Energy Improvement Program
The estimated time to complete the course is about 3-5 hours. The course is divided into 3 sessions, which enables you to complete it in segments. You can complete it online at no cost. To enrol in the course, log in to your myRECA account and go to the Education tab. You’ll find the course in the Course Catalogue.
Real Estate Update 2019 (commercial/property management)
All real estate professionals authorized in commercial and/or property management, including all brokers and associate brokers, must also complete Real Estate Update 2019 (commercial/property management) prior to renewing in September 2019. The estimated time to complete the course is about 6–8 hours, depending on your familiarity with the content. If you choose not to complete this course, you will no longer be authorized in those sectors, and if you’re a broker or associate broker, you will lose that licence class and become an associate. You can complete the course online through your myRECA account in the Course Catalogue.
Real estate professionals, including property managers, who wish to continue to practice in commercial real estate or property management (including all brokers and associate brokers) must complete the Real Estate Update 2018 course. To enroll in the course, log in to your myRECA account and go to the Education tab. You’ll find the course in the Course Catalogue.
Real Estate Update 2018
This course deals with real estate investment analysis. It includes topics such as:
We estimate Real Estate Update 2018 will take professionals 4-6 hours to complete; it’s available online through your myRECA account. To access the course, login, go to the Education tab, select Course Catalogue from the left menu, and click enroll beside Real Estate Update 2018. Once complete, myRECA will update your education status, allowing you to retain your commercial and property management authorizations after you renew in September.
I’m an existing professional licensed in several sectors. How will this affect me?
It means that, if you want to stay licensed in several or all sectors of real estate, in some years, you may have to complete multiple real estate REP courses. To accommodate existing professionals who may be licensed in several sectors but do not actively trade in all of those areas, RECA will give real estate professionals the option to remove sectors from their licence during at renewal.
Once I remove a sector from my licence, can I re-license in that area?
Yes. If, within 36 months, you decide to return to a sector you previously removed from your licence, you can do so by completing any REP courses for that sector that were required during your absence from that sector of the industry. Sectors will automatically be added to your licence upon completion of the outstanding REP courses.
If you wish to return to a sector, but it has been more than 36 months, you will have to complete the pre-licensing education for that sector prior to renewing.
I’m an associate broker, will I have to complete REP for every real estate sector in the future?
Yes. Associate brokers have all of the education and experience necessary to be a broker, but do not have their own brokerage. In order to retain your associate broker licence class, you will have to complete all real estate REP courses, in all real estate sectors, whenever RECA offers them. If you do not complete all of the necessary courses, myRECA will change your licence class to associate. You’ll have the opportunity to return to associate broker status by completing any missing real estate REP courses within a 36 month period.
How do I find out what sectors are on my licence?
Log on to your myRECA account and go to the Licensing tab. In your licence dashboard you’ll see your sectors next to Licence Authorizations