Broker-Owner Course

Those hoping to become a broker-owner must have at least two years of experience as a mortgage licensee within the last five years and successfully complete the Broker-Owner course. Alberta Mortgage Brokers Association (AMBA)’s Broker-Owner Course reviews industry skills and introduces business concepts such as business planning, budgeting and best hiring and recruiting practices.

By the end of this course learners will be prepared to write the Real Estate Council of Alberta (RECA) pre-licensing exam, and open their new brokerage. Students have six months to complete this course, including the final exam. Upon successfully completion of the course, graduates will have three months to complete RECA’s pre-licensing exam.