Each province in Canada is responsible for licensing real estate representatives in that province. However, there is a three-step technique common to most, with a Board exam distinctive to each province. Read on to find specific information about Ontario real estate agents.
- Obtain a Canadian High School Diploma or equivalent, be at least 18 years old, and speak English.
- Complete the requirements for the Initial License. This must be done within eighteen months. The program is obtainable by correspondence or online.
- Complete a two-year articling period with a licensed broker. During this time, you must complete three additional courses: Real Property Law (mandatory), and two of the following: Principals of Appraisal, Principals of Mortgage Finance, Principals of Property Management, or Real Estate Investment Analysis.
- To maintain a license, you must complete twenty-four hours of Mandatory Continuing Education (MCE) every three years.