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In my previous articles, I’ve been talking about real estate business in Canada; this is because the business is a profitable one. In this article, I’ll show you how to become a real estate agent in Ontario Canada. You’ll also see the fastest way to get real estate license in Ontario.
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You already know that real estate business is a very lucrative one, this is the reason everyone is venturing into the business.
To be honest with you, this business can give you financial freedom if you plan your business very well.
But, what qualifications do I need to be a real estate agent in Canada? You’ll find out soon.
Why Choose Ontario for your Real Estate Business?
Table of Contents
Ontario is one of the most populous provinces in Canada; this is a great advantage to get good number of clients for your business. As you already know, the higher the population of a city, the greater your opportunity in finding customers for your business.
Without wasting further time, let’s go straight and see how to start a real estate career in Ontario.
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- Real estate agent in Canada salary
- Top 10 real estate agents in Canada
- Immigrate to Canada as a real estate agent in 2023
How to Become a Real Estate Agent in Ontario Canada
Take Real Estate Agent Course Ontario
For you to become a real estate agent in Ontario, you’ll need to take a course on that. This business is regulated in Ontario, because of that; you should also register with the Real Estate Council of Ontario {RECO}.
As for the course, Humber College offer the program, you can go over to their website and go through the real estate education.
Humber College designed the program into five courses:
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- Real Estate Essentials
- Real Estate Transactions
- Additional Real Estate Transactions
- Commercial Real Estate Transactions
- Getting Started
At the end of each course, examinations will be held and they must be passed in order to move onto the next course.
Get Your Real Estate License in 3 Months Ontario
You need a license to do real estate business in Ontario. You can get your real estate license in 3 months. Follow the procedure below to get your license in 3 months.
Fastest Way to get Real Estate License in Ontario
- Meet the Eligibility Criteria which Include:
Age: You must be up to 18 years or older
Education: You must complete your secondary school or equivalent
Legal status: Legal eligibility to work in Ontario [Canada]
- Gather your Information
Check your approved real estate education programs by the Real Estate Council of Ontario [RECO].
- Complete Pre-Licensing Course
I already said this earlier; you can register for a course through Humber College.
- Take the Licensing Exam
You need to take your exam after each course.
Find a Brokerage
Now that you’ve successfully gotten a license, you need to find a brokerage and a broker of record to work under.
Register with RECO
RECO means” Real Estate Council of Ontario”. Like I said earlier, real estate business is regulated in Ontario, so you have to register with RECO.
You must apply within 12 months of completing your final exam, if you don’t apply within this period, you’ll be required to take the entire program again.
Conclusion: How to Become a Real Estate Agent in Ontario Canada
If you’re still asking this question, “how do I become a real estate agent in Ontario 2023”, I have just given you a guideline on how you can achieve that. You can read the article again so that you don’t miss any step.
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FAQs
- FAQ: How long does it take to become a real estate agent in Ontario?
Answer: It can take up to 9-12 months of training and also additional 2 years which is known as ‘articling period’ before you can become a fully authorized real estate agent.
- FAQ: Do you need a degree to be a real estate agent in Canada?
Answer: You don’t need a degree to be a real estate agent in Canada, what you need is a completing a secondary school or its equivalent.
- FAQ: How much does a real estate agent make in Ontario Canada?
Answer: As you can see in my article on real estate in Canada salary
- FAQ: What is the best age to start a real estate career?
It is best for people in their 30s and 40s.
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