Real Estate - How to become Real Estate Agent (in Ontario)?

I had a conversion with Bear and Rabbit (names are hidden for their protection). Is it cheaper for you to become a real estate agent? You want to buy your own home as an agent?

Let's look into the details to become a real estate agent in Ontario, Canada.

General: How to become a real estate agent in Canada?

1. Successfully complete the courses through your provincial real estate association or council.
2. Submit an application to your provincial licensing body, along with sponsorship from a licensed real estate broker (essentially an offer of employment).
3. Maintain your license by completing additional courses as required by the province.

What is OREA?

OREA Real Estate College, the award-winning designated provider of real estate education in Ontario, provides all real estate registration courses in Ontario through the Salesperson Registration Education Program and the Broker Registration Education Program. Delivered on behalf of the Real Estate Council of Ontario (RECO), the comprehensive programs prepare students for the complex business of trading in real estate.

Pre-registration Phase 1:

Course Name	Cost	Hours Commitment	How to Learn
Real Estate as a Professional Career	$500	35	Correspondence e-Learning
Land, Structures and Real Estate Trading	$520	60	Correspondence e-Learning
The Real Estate Transaction - General	$400	40	Correspondence e-Learning
The Residential Real Estate Transaction OR The Commercial Real Estate Transaction	$400	40 40	On Site Classroom

Total Cost = $500 + $520 + $400 + $400 = $1820 just for courses! 
Total Hours = 175

Once you have completed your courses above to obtain your real estate license in Ontario you are then licensed and able to sell real estate while being employed by a brokerage in Ontario.  The next phase of your courses is called the articling phase.

Articling Phase (2): 
 TBD

Important Links:
OREA website