Newly licensed industry professionals cannot become brokers right away, unless they were licensed as such in a jurisdiction with which Alberta has licensing mobility. Industry professionals must have at least two years of licensed industry experience within the last five years.
There is no additional education requirement to become a mortgage broker.
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.