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:
A broker acts on behalf of an agency and also works as a representative of a firm registered with the Autorité des marchés financiers. Can he receive compensation from this firm for a brokerage activity governed by the Real Estate Brokerage Act?
When signing a brokerage contract with a seller, you must collect as much information as possible on the immovable and the equipment it contains. Under the Regulation respecting brokerage requirements, professional conduct of brokers and advertising, this information must be accurate and verified. The OACIQ’s Assistance Department has noted that it can sometimes be difficult to determine the true nature of components such as a building’s air conditioning or heating system.
The OACIQ is happy to give you a sneak preview of the four TV advertising capsules in English and French that will air across Québec from September 27 to October 24 as part of the OACIQ’s advertising campaign. These ads use quasi-realistic, humoristic situations to show that some things are better left to the professionals.
A real estate or mortgage broker whose licence is suspended or revoked is no longer authorized to practice his profession or carry out brokerage transactions. He must cease any real estate or mortgage brokerage-related activity.
In the course of their activities, some real estate brokers act as intermediaries for the short-term rental of cottages, houses or apartments. Considering their duty to verify, inform and advise, these brokers would be well-advised to know the ins and outs of the Act respecting Tourist Accommodation Establishments.
Under the Real Estate Brokerage Act, the OACIQ is responsible for overseeing brokers who work in the residential sector. The Syndic of the OACIQ is mandated to document all accepted practices that apply to this important sector. The content of this section is therefore a vital reference tool for all brokers working in residential real estate brokerage.