Real Estate Broker

Broker Education Program

To become licenced as a real estate broker or authorized official under The Real Estate Services Act in Manitoba, you must have been a licenced salesperson for at least two years, have completed the courses Real Property Law, and Principles of Appraisal, or have completed the module program. If you meet these prerequisites, you may enroll in the real estate broker program.

The program consists of three self-study courses which you can complete at your own pace. You must successfully complete each course, consecutively, within an 18-month period.

Real Estate Office Management

This course covers the following topics: the real estate profession in Manitoba, planning for a real estate brokerage, establishing the brokerage, information systems for the real estate office and personnel management.

This course includes a final exam. You will need a mark of 70 per cent or greater to pass the exam. MREA hosts exams at the MREA office, and in select locations outside of Winnipeg. See Exam Policies for further information on exam requirements and scheduling.

For course fees and details on how to register, see Registration.

Accounting and Financial Management in a Real Estate Office

This course provides a review of the elements of an accounting system, including chart of accounts, debits and credits, journals, ledgers, trial balance, financial statements, etc., financial ratios, trust accounting, commission trust accounts, payroll guidelines, tax considerations, expense tracking, etc.

This course includes a final exam. You will need a mark of 70 per cent or greater to pass the exam. MREA hosts exams at the MREA office, and in select locations outside of Winnipeg. See Exam Policies for further information on exam requirements and scheduling.

For course fees and details on how to register, see Registration.

Risk Management in a Real Estate Office

This course covers ethical responsibilities and professional conduct, critical risk issues in real estate, ways to reduce risk in office management, ways to reduce risk in managing real estate transactions, ways to reduce risk when managing people, the Privacy Code and its implementation in a real estate office, and MREA's errors and omissions insurance program as provided through the Real Estate Insurance Alliance Inc.

There is no exam for this course. To complete this course, you are required to submit a final assignment, a brokerage policies and procedures manual. You must receive a passing mark on the assignment to obtain credit for the course. You must acquire your licence from The Manitoba Securities Commission (MSC) within 36 months of completing Risk Management in a Real Estate Office. If you fail to register within this timeframe, you may be required to take additional education.

For course fees and details on how to register, see Registration.

Program Fees 2024

Real Estate Office Management - $755.00

Accounting and Financial Management - $755.00

Risk Management - $755.00