A common question before someone starts the course is: ‘Is this a good time to become a Real Estate Agent in Alberta?’ According to me, it is always a good time to become a realtor, but I am an educator, and I am very passionate about Real Estate, so for me, it is always a good time. However, is it really a good time to become a Realtor in Alberta? Now, there are a few things to consider: 1- Alberta is growing We are witnessing a lot of migration from different parts of Canada into Alberta. Many people are moving because Real Estate in Alberta is more affordable compared to other places like ..read more

Are you ready to become a Real Estate Agent or Mortgage Associate in Alberta? One of the questions we often hear is “why should I choose Alberta Real Estate School?” Alberta Real Estate School passing grades are the highest of all the course providers in Alberta. In addition to that, the marks that our students get are the highest too. One of the reasons why our students do so well in the final exam is because at Alberta Real Estate School we are truly committed to our students’ success. Having said this, we are the best Real Estate School in Alberta! Look at the following charts provided by t ..read more

As of June 1st, 2022, RECA (Real Estate Council of Alberta) has divested itself from offering Real Estate Licensing Courses in Alberta. This has been a big news in the Alberta Real Estate Industry as RECA is the direct authority that regulates Real Estate / Mortgage Brokerage – Licensing Services in Alberta. In reference to the same topic, there has been a buzz about the new “RECA-Recognized Course Providers” for Real Estate / Mortgage Brokerage Education in Alberta. And we are absolutely pleased to announce that we, Alberta Real Estate School, have been approved as a RECA-recognized Course P ..read more

Becoming a Real Estate Agent is a hectic process, but what after you become one? What do you do after getting your Real Estate License? How will you get clients as a New REALTOR®?? Here’s the time where most new REALTORS® need help and support with. New Agents are already overwhelmed as they take their baby steps in the Real Estate Industry. Let alone getting to know the Real Estate laws, rules, policies and education, they also have to manage their Real Estate business. Real Estate Agents are their own brands and they have to manage branding and marketing of real estate business in order to ..read more

As of June 1st, 2022, RECA (Real Estate Council of Alberta) is divesting itself from offering Real Estate Education in Alberta. This has been a big news in the Alberta Real Estate Industry as RECA is the direct authority that regulates Real Estate / Mortgage Brokerage – Licensing, Education as well as License Renewal Services in Alberta. The news started circulating in the market since January 2022 and has been unclear till date as to what is exactly happening and how will it affect the learners in the Real Estate / Mortgage Brokerage Industry. In reference to the same topic, there has been a ..read more

Why do we need to understand – Who’s Who in the Alberta Mortgage Brokerage Industry? Mortgage Brokerage is a big market that encompasses the many facets of property lending, including approval for the lending, credit report, credit score, credit usage, and everything that revolves around credit used for purchasing any type of property. The Alberta Mortgage Industry is no different. Anyone planning to know the process of or become a Mortgage Professional in Alberta must learn about the important institutions and government authorities that are involved in the process. Let’s understand who’s wh ..read more

Today, we will understand what Total Debt Service or TDS Ratio is and how to calculate the TDS Ratio in the mortgage application for a real estate property. If you have ever applied for a Mortgage or have come across a Mortgage Professional, you must have heard of 2 main ratios – Gross Debt Service or GDS Ratio & Total Debt Service or TDS Ratio. Mortgage professionals use these 2 ratios to determine if borrowers can afford to pay off the mortgage for a specific real estate property that they are dealing with. TDS Ratio is thus, an essential indicator of mortgage affordability and approval ..read more

Today, we will understand what Gross Debt Service or GDS Ratio is and how to calculate the GDS Ratio in a mortgage application for a real estate property. If you have ever applied for a Mortgage or have come across a Mortgage Professional, you must have heard of 2 main ratios – Gross Debt Service or GDS Ratio & Total Debt Service or TDS Ratio. Mortgage professionals use these 2 ratios to determine if borrowers can afford to pay off the mortgage for a specific real estate property that they are dealing with. GDS Ratio is thus, an essential indicator of mortgage affordability and approval ..read more

Dower Act is one of the most important topics in real estate and is a crucial topic for someone who is looking to become a Real Estate Agent in Alberta. Dower Act is the regulation by the Real Estate Board of Canada that safeguards the rights of the untitled spouse in a matrimonial home. Practically, Dower Consent is a section that you see in most Real Estate Agreements and Contracts. It gives the right to exercise dower act to the untitled spouse in a matrimonial home. Let’s understand the concept of Dower Act and Dower Consent with reference to where we use it, how we use it and why we use ..read more