The Real Estate Associates' Program is the prerequisite for an individual to become a real estate practitioner in the Province of Alberta.
The Real Estate Associates Program (REAP) is divided into three phases. A participant must complete all three phases to make application for licensing:
Phase I: Introduction to a Career in Real Estate is the prerequisite course for REAP. (Free 90 minute online course through the Real Estate Council of Alberta) no exam.
Phase II: Fundamentals of Real Estate - contains common education modules for anyone trading in real estate. Participants must pass the exam to be eligible to proceed to phase three. This phase is currently not available in a classroom setting. Please contact the Alberta Real Estate Association to register 1-800-661-0231.You must pass the Phase 2 Provincial Qualifying Exam with a 70% or higher to move to Phase 3.
Phase III: Real Estate Areas of Practice - this phase introduces three areas of real estate practice: residential, commercial and rural real estate. Participants must pass each of the exams.
Phase 3: Real Estate Areas of Practice
Section 7- Residential (7 days): Role of industry member, property evaluation, working with sellers, working with buyers, completing the transaction, case studies
Section 8 - Commercial (7 days): Role of the industry member, property evaluation, Working with sellers/landlords, working with buyers/tenants, investment, leasing, completing the transaction, case studies
Section 9 - Rural (5 days): Role of the industry member, agricultural property features, working with sellers, working with buyers, completing the transaction, case studies.
The course fee for Phase 3 is $795.00 per section. There will be an exam fee of $125.00 plus gst. for each section. You will be granted one rewrite each at the cost of $125.00 plus gst.
You must pass all Phase 3 Provincial Qualifying Exams with a 70% or higher to qualify to license as an associate.
We accept the following methods of payment:
Agency Cheques (from real estate brokerages only), Cash, Certified Cheques, Interac, Money Order, Visa, and MasterCard. We do not accept personal cheques.
Click here for course schedules.