Licensing & Costs
It is important to do your homework to ensure you fully understand what is required to get licensed and the cost involved in starting a career in real estate. Please contact us direct if you have questions in addition to the information supplied below. Being well prepared will set you well for a successful career in the future.
What's Involved?
The first step towards obtaining your real estate associate's license is to complete the Real Estate Associates Program (REAP).
  • A Grade 12 or GED equivalent is required and transcripts must be sent directly to the Alberta Real Estate Association (AREA)
  • A criminal check will also be required and sent to the Real Estate Council of Alberta (RECA)
  • The REAP Course may be taken at the Calgary Real Estate Board (CREB), Mount Royal University, or Distance Delivery (home study).
Steps to Completion
  1. Register for Phase 1 at one of the institutions
  2. Order high school transcripts
  3. Complete Phase 1
  4. Register for Phase 2 & 3
  5. Interview Brokerages
  6. Complete Phase 2
  7. Decide on a Brokerage
  8. Obtain Sponsorship for Orientation
  9. Complete Criminal Record Check
  10. Register for Orientation
  11. Complete Phase 3
  12. Sign Up With Brokerage and RECA
  13. Complete Orientation
  14. Sign Up with CREB
The Costs to Get Started

Fees for 2012

Real Estate Agents' Program (Phase 1,2 & 3)$4,205.00
Understanding Designated Agency & Transaction Brokerage$149.00
Real Estate Council of Alberta - Alberta Licensing Fee$725.00
Calgary Real Estate Board:
Orientation Course Entrance Fee$630.00
Annual Dues (CREB, CREA, AREA)$607.69
CREA Technology Levy$38.59
AREA & CREA one time initiation fee$315.00
Other Dues (Foundation, CIBS, RAP)$67.50
Total for Calgary R/E Board$1,658.70
TOTAL COSTS TO GET STARTED:
(includes tax)
$
 
6,737.78
 
Other Deposits and Monthly Fees
MLS Monthly Service Fee$63.00
Supra - Active Key Deposit (one-time)$52.50
Supra - Active Key Monthly Service Fee$21.00



Join Our Team   |   Tell Us What You Think   |   Social Media   |   Privacy Statement   |   Contact Us   |   Login