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Licensing and Membership Fees:
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RECA New Realtor Licensing Fee 2023: $750
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CREB® Entry Fee: $650
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CREA Initiation Fee: $200
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CREB TOTAL 2023 Dues (including admin costs): Prorated for May - $1,583.55
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AREA Initiation Fee: $800 (separate from CREB)
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AREA Annual Dues: $300 + GST
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SentriLock Activation Fee: $50 (one-time fee for activating SentriKey Access)
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Course Costs:
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Education Eligibility Application: $100
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Licensing Course Through AREA: $400
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Practice Exams: $65
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Licensing Exam: $250
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AREA Fundamentals of Real Estate: $600
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Practice Exam: $65
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Exam: $250
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Sub Total: $1,730
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Licensing and Fees:
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RECA License: $900
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CREB Membership: $1,876 (prorated monthly)
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AREA Dues: $1,155
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Sub Total: $3,931
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Total: $5,661
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Business Costs:
Brokerage Fees with GC: $150 (monthly fee)
CREB Monthly Costs Minimum: $91.88
Printer
Scanner
Computer Costs
Virus Protection
Signs: $200 for Lawn (2 signs), Sandwich Boards: $90
Lockboxes: $150 each ($25/month, part of CREB costs)
Incorporation Costs
Accounting Costs
QuickBooks
Mileage Tracking: $90/year (mile IQ)
E-Signature Accounts: $129 (Authentisign)
Cloud Service (e.g., Google Drive Business Account): $20/month
Website (MyRealPage): $50/month
Business Cards
For Sale Signs: $200/sign
Sandwich Boards: $120/sign
Conditionally Sold/Sold Riders
Lockbox Covers: $100
Stationery
Professional Photos
Branding Materials
Please note that these costs are provided as estimates and may vary.