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Costs of mandatory classes after the course 5 Ontario Real Estate License

 

Costs of mandatory classes after the course 5 Ontario Real Estate License

This page and the pages that follow outline the cost of each course required to be paid when you obtain your real estate license

Post-Registration Phase
Compliance - eLearning Fee: check out Humber College for current fees
Elective Courses Fee: check out Humber College for current fees
Post-Registration Phase Fee: check out Humber College for current fees
The total cost for the Real Estate Salesperson Program

Fee updates: check out Humber College for current fees

To obtain a real estate license in Ontario, Canada, you generally need to:

  1. Education: Complete the required pre-registration courses from a real estate college approved by the Real Estate Council of Ontario (RECO).

  2. Exam: Successfully pass the Real Estate Salesperson Program Exam.

  3. Registration: Apply for registration with RECO within two years of completing your pre-registration courses.

  4. Background Check: Undergo a criminal record check.

  5. Costs: Expect costs for pre-registration courses, exam fees, registration fees, and potential additional expenses for materials.

  6. Time: The time to complete the process varies but may take several months from starting the courses to obtaining your license.

  7. Dedication: Dedicate time to studying, attending classes, and preparing for the exam.

  8. Experience: No prior real estate experience is usually required, but some employers may prefer candidates with related experience.

  9. Commitment: Real estate can demand irregular hours, so be prepared for flexibility and commitment.

  10. Money: Besides the cost of education and licensing, have funds available to cover initial expenses before earning commissions.

Always check the most recent information from RECO or relevant authorities, as requirements may change.

 

Start your journey towards becoming a real estate salesperson.

The Pre-Registration Phase is your first step towards becoming a real estate salesperson in Ontario. You must complete this first phase of the Real Estate Salesperson Program before applying for registration with RECO. This phase comprises of 5 courses, 4 exams and 2 simulation sessions which must be completed sequentially as shown below. You will have a maximum of 24 months to complete pre-registration.

1 Real Estate Essentials
2 Residential Real Estate Transactions
3 Additional Residential Real Estate Transactions
Simulation Session #1:
Residential Real Estate Transactions

(35.5 hours)
4 Commercial Real Estate Transactions
Simulation Session #2:
Commercial Real Estate Transactions

(28 hours)

5 Getting Started
*It is important to note that prior to registering in any given Course, Exam, or Simulation Session, learners must successfully complete the corresponding pre-requisite. For example, prior to registering in Exam 1, a learner must successfully complete Course 1. Similarly, prior to registering in Course 2, a learner must successfully pass Exam 1; and so on.

Course Electives (Select any 2 of the 5 following electives)
Working in Real Estate: Rural, Recreational, Waterfront Properties - eLearning
Working in Real Estate: Ownership Alternatives and Complexities - eLearning
Real Estate as an Investment Strategy: Residential Properties - eLearning
Real Estate as an Investment Strategy: Commercial Properties - Fundamentals - eLearning
Real Estate as an Investment Strategy: Commercial Properties - Advanced - eLearning

The next section for costs to obtain your license is Real Property Law Course

The main educator for the real estate program in Ontario is Humber College.  Real estate is a very challenging and rewarding career. You can pursue education toward that goal with the current education provider, Humber College.

For information about the entire process of becoming a salesperson or broker, please continue reading and find more details at the The Real Estate Council of Ontario (RECO) website.  You may read more about how to become a real estate agent

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This page has dealt with your courses to obtain your real estate license in Ontario, I hope you have found it useful.

 

 

| costs to obtain my real estate license in Ontariocosts for course 1costs for course 2costs for course 3 | costs for course 4 |costs for course 5 | courses required after course 5 | costs for Real Property Lawcosts for Principles of Appraisal | costs for Real Estate Investment Analysiscosts for Principles of Mortgage Financingcosts for Principles of Property Management | Costs of General & Advanced Commercial Real Estate License in Ontariocosts for Real Estate Broker in Ontario | Ten specific Tasks that leading real estate salespeople do to succeed in real estate | Bonus page - 7 tips for long term success in real estate |

 

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