Training and career in real estate
To access the real estate or mortgage broker’s exciting career, what training should be taken? Discover the requirements to practice real estate and mortgage brokerage and learn more about recognized mandatory basic training programs. By checking this section, you will also know what tools are available to you to practice the profession according to generally accepted practices.
Mandatory basic training: Important information for candidates wishing to become real estate or mortgage brokers
(Updated on September 6, 2013)
In an effort to enhance brokers’ skills and address the concerns of real estate professionals, any candidate wishing to take the OACIQ certification exam since September 1, 2013 must have previously taken and passed a basic training program recognized by the OACIQ.
The OACIQ provides the public and licence holders with the name of various educational institutions offering training programs in real estate brokerage.
(Updated on September 10, 2013)
The OACIQ certification examinations simulate a real estate transaction and are designed to validate a candidate’s ability to use the various resources at his disposal and to apply and adapt them to different professional contexts.
Are you an agency executive officer or a real estate or mortgage broker in another province and now wish to practice in Québec? Here is how:
Recently, Info OACIQ Center has received many calls from real estate brokers regarding a fraud scheme that has already been detected and which seems to have resumed again.
We are proud and pleased to mark the 25-year career of Mr. Robert Nadeau, President and Chief Executive Officer, within the Organisme d’autoréglementation du courtage immobilier du Québec.
Last October, the OACIQ has sent its recommendations to the Committee on Citizen Relations regarding the Bill No. 24, which is mainly intended to combat consumer debt overload and modernize consumer credit rules.
PRIOR conditions and verifications required for brokers to operate within a business corporation and remuneration to be paid to the corporation by the broker’s agency
With the coming into force on January 1, 2012 of amendments to the Real Estate Brokerage Act and the regulations thereunder, a broker acting on behalf of an agency will be able to carry out his activities within a business corporation (company) which he controls. The remuneration formerly payable to the broker will now be payable to this corporation.
The OACIQ is very happy to inform you that brokers who are members of the QSC Program are now allowed to mention this in their publicity. This program was developed by the Quebec Federation of Real Estate Boards (QFREB). The public website was launched in November.
Further to some comments that we received, we wish to inform you that the OACIQ wrote to a television reporter from La Facture informing him that his report entitled “Une porcherie à proximité : doit-on aviser les acheteurs” (Pig farm nearby: do buyers need to be informed?) which aired on November 1, 2011, contained inaccurate information.
Be vigilant! As of November 1st, your advertising must be in compliance with the new rules enacted in the new Real Estate Brokerage Act and its regulations.
A great news today: incorporation draft regulations resulting from Bill no. 128, which came to amend the Real Estate Brokerage Act, were published on October 5, 2011 in the Gazette officielle du Québec. These draft regulations shall be subject to a final publication before their entry into force on January 1, 2012.
When a transaction concerns a property that is not serviced by a municipal water system or equipped with a wastewater treatment system, financial institutions usually want assurances that the water is drinkable or the system is up to code before authorizing a loan.
– INSPECTION CAPSULE –
The Inspection Department reminds you that you no longer have to send disclosure notices (purchase, sale, exchange or mortgage loan) to the OACIQ. These notices must be submitted to your agency that will register them in a register and keep them in a file specific to disclosure notices.