Real Estate Associates Program Overview

E-mail: cebusiness@mtroyal.ca
Phone: 403.440.7707 or toll-free 1.888.392.3655
Register: Start here (register online, then complete Prerequisites below)
Location: Lincoln Park Campus, 4825 Mount Royal Gate SW

View real estate “Expert Tip” videos.

100% of Fundamentals of Real Estate graduates surveyed would still choose the same program and would consider taking additional Continuing Education courses at Mount Royal in the future.

PREREQUISITES MUST BE SUBMITTED TO THE ALBERTA REAL ESTATE ASSOCIATION (AREA) AT LEAST ONE WEEK PRIOR TO THE START DATE OF PHASE 2.

Description
Everyone interested in becoming a licensed real estate associate in Alberta must complete this mandatory program. To be eligible to write the Provincial Real Estate Qualifying Examinations you must meet the 90% attendance requirement. Successful candidates can begin licensing with the Real Estate Council of Alberta (RECA).

Length and Cost

We strongly recommend that you have a solid understanding of and are fully conversant in the English language.

Location
Mount Royal University
Lincoln Park Campus
Roderick Mah Centre for Continuing Learning
4825 Mount Royal Gate SW

Check your confirmation of registration to confirm dates, times and room number.

Prerequisites
Please make sure you have all the correct prerequisites.

Program Materials

• Phase 2 and 3: Phase 2 and 3 manuals will be handed out at the beginning of the first class of each course. Course manuals and workbooks (developed by AREA) and calculator included.
• Students must bring paper and pen to class

Learning Outcomes
Upon completion of this program, you should be able to:

• Understand the scope of the real estate industry
• Study the rules and regulations under which the industry operate
• Recognize the role of the broker and associate in real estate transactions
• Practise the basic skills required

Completion Requirements
Learners may take up to six months to complete Phase 2 and up to one year to complete Phase 3 (for a total of 18 months to complete REAP). This timeframe includes final exams and rewrites.

In addition to meeting the prerequisite requirements, 90% mandatory classroom attendance is required to qualify to write each of the Provincial Real Estate Qualifying Examinations. These are online and consist of a series of multiple choice questions, you will have 3 hours to complete the Phase 2, Residential and Commercial exams and 2.5 hours to complete the Rural exam. You must achieve a minimum of 70% to pass.

If you are unsuccessful the first time, you have only one more opportunity to write each exam. AREA will charge for each exam, to be paid at the time of writing by Visa, MasterCard, American Express or PayPal only. Exams are marked instantaneously and the results will also be automatically e-mailed to you.

Instructor Qualifications
Instructors are industry experts working in the real estate industry who have training and experience in teaching adults. They must also be approved by the Alberta Real Estate Association.

Program Topics

Earning Your Licence
Once you have successfully completed the Real Estate Associates Program you need to establish a relationship with a licensed real estate brokerage and make an application for licensing through that brokerage to the Real Estate Council of Alberta (RECA). If that brokerage is a member of the Calgary Real Estate Board (CREB) you will be required to take the CREB Orientation course and become a member of the Calgary Real Estate Board.

Additional Information

All fees are subject to change without notice
**If necessary, each exam rewrite will cost $125+GST.

Additional Sources of Information

Mount Royal University
403.440.7707 or toll-free 1.888.392.3655

Alberta Real Estate Association
403.228.6845

Calgary Real Estate Board
403.218.3684

Real Estate Council of Alberta
403.228.2954

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Student Comments
When asked what they liked best about this program, Real Estate Associate Program students answered:

• “Real-life examples”
• “Very motivating instructor”
• “Instructor’s understanding of material”
• “Role plays”
• “Answering questions we have”
• “In-class participation”
• “Great real-life info”
• “Great instructor”
• “Good tips that I would never have thought of. I am very happy!”
• “Great real-life examples and enthusiasm from the instructor”

Real Estate Associate Program students

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