Application for Renewal: Broker / Salesperson - MyWeb - Reco 2025

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As of Mar 11, 2025, the average annual pay for a Real Estate Agent in Ontario is $93,907 a year. Just in case you need a simple salary calculator, that works out to be approximately $45.15 an hour. This is the equivalent of $1,805/week or $7,825/month.
Realtor Broker License Requirements in Canada Experience: At least 2 years of experience as a licensed real estate agent. Education: Completion of a real estate broker course approved by your provincial regulatory body. Exam: Passing the broker licensing exam.
You may use eLicensing or submit your renewal application 90 days prior to your license expiration date. Your renewal is on-time if your eLicensing transaction is completed or your application is postmarked before midnight on your license expiration date.
Most provinces require applicants to pass a written licensing exam in order to secure a real estate license in Canada. If your application is approved, youll need to pay a licensing fee. The next step is to get errors and omissions insurance through your provinces real estate association.
How long does it take to become a real estate agent in Canada? To become a real estate agent in Canada requires 9-18 months of training. Since real estate agents are a regulated profession in Canada, youll need to first register with your provincial real estate board.
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The Real Estate Broker Program is for active real estate salespersons who are currently registered with the Real Estate Council of Ontario (RECO) and aspire to continue their education to become a registered real estate broker. The program is offered through Humber Polytechnic.
Permanent residency as a real estate agent is possible under Canadas skilled worker immigration programs. Popular options include the Provincial Nominee Programs (PNPs) and the Federal Skilled Worker Program (FSWP), which require education, work experience, language proficiency, and flexibility.
There are three steps you must follow: Step 1: Complete your education requirements. You will have 24 months from the date of termination to apply to reinstate your registration. Step 2: Apply for reinstatement. Step 3: Purchase insurance coverage.

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