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.
In an effort to enhance brokers’ skills and address the concerns of real estate professionals, any candidate wishing to take the OACIQ certification exam as of September 1, 2013 must have previously taken and passed a basic training program recognized by the OACIQ.
The competency frameworks are guides to help future brokers understand what competencies must be developed and mastered in order to act ethically and responsibly in their brokerage practice.
The OACIQ provides the public and licence holders with the name of various educational institutions offering training programs in real estate brokerage.
Examples of cases where its use is mandatory or not recommended.
Île des Surs, June 2, 2003 – Resale housing transactions via the
S.I.A.®/MLS® systems of the 12 real estate boards in Quebec generated
average spin-off benefits of $1.1 billion for 2001 and 2002, according to an economic study conducted last April for the Greater Montréal Real Estate Board (GMREB) by Clayton Research, a firm specializing in urban and real estate economy.
More specifically, the study reveals that for each of the 66,300 transactions
processed annually through Multiple Listing Services® (S.I.A.®/MLS®) in
Quebec, a total of $16,590 in spin-off benefits was generated, which
contributed to the creation or the maintenance of more than 17,500 direct and indirect jobs (on a full-time, full-year basis).
The amount of $16,590 comes from fees to professionals such as notaries, appraisers, real estate agents, etc. as well as government taxes and fees, explains Michel Beauséjour, FCA, Chief Executive Officer of the GMREB, who adds that when families move, they undertake renovations and purchase new appliances and furniture.
In addition to these major benefits, there was a total of $16.2 billion in sales volume recorded for the past two years ($7.1 billion in 2001 and $9.1 billion in 2002), thanks to the sale of existing homes through agents and brokers members of the 12 real estate boards in Quebec. Such results clearly demonstrate the importance and the strength of the resale market in the Quebec economy, says Mr. Beauséjour.
Île des Soeurs, April 7, 2003 – A total of 13,406 sales were recorded on the Greater Montréal Real Estate Board’s S.I.A.®/MLS® system in the first quarter of 2003, which makes it the second best quarter in the history of the Board after 2002, when 16,024 sales were recorded. As for the average price of single-family homes in the Greater Montreal area, GMREB statistics show that the average price was $155,000 for the first three months of 2003, an increase of 17% when compared to the average of $132,000 in 2002.
Starting in November until next June, the ACAIQ will begin running ads in about a dozen selected magazines to promote the professional services of real estate brokers and agents. These ads also remind consumers of the importance and scope of the role of real estate professionals and the advantages of using their services. This initiative will help increase the demand for real estate broker and agent services and raise awareness about the ACAIQ, and consequently the level of consumer confidence. It should also encourage consumers to visit our Web site at acaiq.com.
The Association des courtiers et agents immobiliers du Québec invites all its members to the seventh edition of the ACAIQ Education Event, being held this year in the beautiful Charlevoix region on April 25, 26 and 27, 2005 at the Fairmont Le Manoir Richelieu Hotel. This event will coincide with the Annual General Meeting of the ACAIQ as well as an Extraordinary General Meeting. As in previous years, the Québec Real Estate Brokerage Award will be presented during the Chairman’s Dinner, followed by a show with Perry Canestrari et compagnie.
This new edition, under the theme A Touch of Class, will include more conferences and workshops than in previous years, in a setting that alone is worth the trip. The topics covered will include building inspections and jurisprudence in the area of real estate brokerage. Guests will include speaker/explorer Bernard Voyer and presenter/actor Marcel Leboeuf. Join us for a touch of class!
Modified in July 2005 • The Association des courtiers et agents immobiliers du Québec (ACAIQ) presented the 2005 Québec Real Estate Brokerage Award to Bernard Girard who, until just recently, was President and principal shareholder of La Capitale Est de Montréal. He remains active on the Board of Directors of the Fonds d’indemnisation du courtage immobilier. Mr. Girard has made significant contributions to the profession throughout his exceptional career.
Those who have worked with him through the years hail him as a passionate and dedicated individual, and an ever-available advisor. Working successively for Canada Permanent Trust, General Trust and La Capitale, the 2005 winner of the Real Estate Brokerage Award has been instrumental in increasing the profile of and redeploying the real estate brokerage industry in Québec for the last two decades. In the 80’s, he helped bring about the changes to the tax status of real estate agents, the implementation of a computerized listing management system at MLS, and the revision of the Real Estate Brokerage Act.
By creating the Québec Real Estate Brokerage Award, the ACAIQ seeks to single out those men and women who work in the field of real estate brokerage and who have distinguished themselves through their outstanding commitment, behaviour, skill and influence. The winner is selected by an independent jury.
The ACAIQ also wishes to recognize the commitment of its 15,000 members or so to the highest standards of civic-mindedness and professionalism toward their clients, the public and their peers.
The 2012 annual general meeting of the OACIQ will be held on May 9, 2012 at the Mortagne hotel in Boucherville. It is a unique opportunity for you to discuss the importance of developing skills in your practice.
The payment period for your OACIQ licence fees, contribution to the Real Estate Indemnity Fund and professional liability insurance premium, as indicated on your 2012 licence maintenance notice has started.
Île-des-Soeurs, March 5, 2003 – According to the statistics published by the Greater Montréal Real Estate Board (GMREB), a total of 4,822 sales were recorded on S.I.A.®/MLS® in February 2003, a decrease of 16% compared to the 5,745 sales recorded in February 2002, which historically was a record breaking month for the Board. In February, the total sales dollar volume of units sold was down 2% to $747 million, compared with $767 million in February 2002.
A formula adapted to real estate brokers holding a full-service licence or a licence restricted to residential real estate brokerage
The forms’ review process is progressing well. Between April 23 and June 30, 2012, all real estate brokers holding a full-service licence or a licence restricted to residential real estate brokerage will be asked to take an online mandatory continuing education activity on the new elements and amendments made to forms, as we already announced via the insert that was included in your August Profession Broker Newsletter.