The stringent regulated requirements for accredited Real Estate brokers.
15 April 2015
The work of brokers is very well regimented by the Real Estate Brokerage Act and under the authority of the Minister of Finance of Quebec. The process and requirements are, indeed, very strict. We observed that only 5% of realtors stay in the profession for more than five consecutive years.
Like other professionals, such as lawyers, chartered accountants or notaries, brokers must pass an entrance exam to get a license. But before they can register for this exam, broker applicants must have successfully completed a basic brokerage training program recognized by the OACIQ.
Subsequently, brokers will have to follow a number of training activities, in two-year cycles, to maintain and develop their skills in order to ensure a quality practice.
Operating in a regulated profession, brokers are also subject to a number of ethical obligations, including the obligation to audit, disclosure and advice. They are also obliged to respect the confidentiality of personal information provided by their clients.
The mission of LOrganisme dautoréglementation du courtage immobilier du Québec (OACIQ) ensures public protection by proper supervision of the profession. Providing quality real estate and mortgage brokerage in Quebec.
Please visit the Website oaciq.com for more information about the profession of a Real Estate broker.
Organisme dautoréglementation du courtage immobilier du Québec - OACIQ,
parteners of Protégez-Vous.ca | April 10 2015