Steps for a Real Estate License
1. Must have…
o Good reputation
o ELPR
o Eligible to work
o Have a budget
2. Licensing Course
o UBC program
o Self-paced work through 20 assignments & 1 final
o Assignments are 20 mcqs and final is 100 mcqs (must have 70% or more to pass
in final only)
3. Review licence & application
4. Criminal record check
o Obtain from local police, RCMP
o Might take up to 90 days
5. Start APC
o Applied practice course (trading only)
o Pre/post licensing
o Blended
6. Apply
o Submit application for licensing including: brokerage, CRC, fee (may take long)
7. Finish APC
o Complete applied practice course
o Must be licenced, work w/ managing broker
Budget
 First time application  $4290 + taxes
o Licensing course  $1,150
 Financial calculator $60
 CELPIP-G Test $280
 CEC $125 (optional, you can write the regularly scheduled exam)
o Applied practice course $875
o License fee $1800

Other expected costs & fees
o Office fees (desk, transaction fees)
o Marketing (advertisements, business cards, signs)
o Transport
o Board fees (BCREA & CREA $1195 + monthly fees)
Suggestions
 Securing employment
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
o Interview for work while taking the course
o Difference types of offices – 100% vs Commission split
Language requirement (take CELPIP-G before registering for the course if unsure you will
satisfy requirement)
Attend tutorial sessions
o Offered by Real Estate Divisions at UBC
o Weekend sessions scheduled to coincide w/ regularly scheduled exam
o All course material covered – 1 weekend/ month for 3 months
Continuing Education
 Legal updates  learn about legal & regulatory updates, as well as best practice
reminders
 Ethics  focuses on ethical decision-making in the context of the real estate profession
 Money laundering  created to prevent illicit funds from entering real estate markets
Brokerages
 Sutton
 Medallion
 PREC