1. Licensing and Membership Fees: 

 

  • RECA New Realtor Licensing Fee 2023: $750

  • CREB® Entry Fee: $650

  • CREA Initiation Fee: $200

  • CREB TOTAL 2023 Dues (including admin costs): Prorated for May - $1,583.55

  • AREA Initiation Fee: $800 (separate from CREB)

  • AREA Annual Dues: $300 + GST

 

  1. SentriLock Activation Fee: $50 (one-time fee for activating SentriKey Access)

 

  1. Course Costs:

 

  • Education Eligibility Application: $100

  • Licensing Course Through AREA: $400

  • Practice Exams: $65

  • Licensing Exam: $250

  • AREA Fundamentals of Real Estate: $600

  • Practice Exam: $65

  • Exam: $250

  • Sub Total: $1,730

 

  1. Licensing and Fees:

 

  • RECA License: $900

  • CREB Membership: $1,876 (prorated monthly)

  • AREA Dues: $1,155

  • Sub Total: $3,931

 

  1. Total: $5,661



  1. 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.