Mandatory basic training: Becoming agency executive officer or acting on your own account
1. Holder of a real estate broker’s licence which I obtained after May 1, 2010, by taking a skills-based examination who wishes to:
Obtaining the agency executive officer qualification (Certified AEO)
Act as executive officer within an agency
2. A former affiliated real estate agent wishing to:
Obtain the agency executive officer qualification (Certified AEO)
Act as executive officer within an agency
3. A former certified real estate agent wishing to:
Obtain the agency executive officer qualification (Certified AEO)
Act as executive officer within agency
1. Holder of a real estate broker’s licence which I obtained after May 1, 2010, by taking a skills-based examination who wishes to:
Act on his or her own account:
- The real estate broker must complete the training Managing trust accounts as soon as he or she is required to open a trust account.
- The real estate broker must complete and send an Application for licence modification to the Certification Department along with the applicable fees.
- Read this article for the process of appointing an agency executive officer.
Obtaining the agency executive officer qualification (Certified AEO):
- The real estate broker must have successfully completed a basic training program for agency executive officer recognized by the OACIQ. This training program must be recognized in an agreement between the Organization and an educational institution and that deals with the skills an agency executive officer must have, set out in the framework available on the Organization's official website;
- The real estate broker must pass the agency executive officer examination which lasts 3 ½ hours. This skills-based examination confirms his or her ability to manage an agency;
- If the real estate broker has taken the agency executive officer examination, but did not successfully complete all competencies:
- He or she may retake the exam up to three times within 12 months from the date you wrote the initial exam; if he or she fails all these supplemental exams, he or she may not retake the exam until 12 months from the date of the last supplemental exam.
- The mandatory basic training and the agency executive officer examination are based on the “Agency executive officer” competency framework. Click here to access the complete framework;
- He or she must have carried on the activity of real estate broker in an agency for at least 3 of the last 5 years;
- Once these conditions have been met, he or she must complete the form Application for licence modification – Real estate broker and email it along with the applicable fees to [email protected] to add the "Certified AEO" qualification to his or her your licence.
Act as executive officer within an agency:
-
The real estate broker must meet the conditions in the section "Obtaining the agency executive officer qualification (Certified AEO)" above;
- If he or she has never acted as agency executive officer before
OR
- If he or she has previously acted as an agency executive officer but not in the past two years:
He she must show that you have completed the courses Applying your compliance program to your everyday operations and The agency executive officer as a compliance officer: Tools for managing everyday activities, within the two years prior to your appointment.
Read this article for the process of appointing an agency executive officer.
2. A former affiliated real estate agent wishing to :
Act on his or her own account:
The real estate broker must have completed the following continuing education activities over a maximum period of 18 months. In this case, to act on his or her own account, the real estate broker has 12 months after taking the training courses to complete and submit the Application for licence modification – Real estate broker form, including the applicable fees, by email to [email protected]. Otherwise, he or she will have to retake these training courses before being able to act on his or her own account.
- You must have completed the following continuing education activities over a maximum period of 18 months:
- Keeping records and registers (2 CEUs)
- Managing trust accounts* (4 CEUs)
- Record documentation (2 CEUs)
- How to use the online land register (3 CEUs)
- Advertising: get it right! (2 CEUs)
- Electronic Document Management (EDM) : For a successful EDM (1 CEU)
- Identification and identity verification: knowing who you're dealing with (1 CEU)
- My professional liability (FARCIQ) (1 CEU)
Obtain the agency executive officer qualification (Certified AEO):
- The real estate broker must have successfully completed a basic training program for agency executive officer recognized by the OACIQ. This training program must be recognized in an agreement between the Organization and an educational institution and that deals with the skills an agency executive officer must have, set out in the framework available on the Organization's official website;
- The real estate broker must pass the agency executive officer examination which lasts 3 ½ hours. This skills-based examination confirms his or her ability to manage an agency.
- The real estate broker must have carried on the activity of real estate broker for at least 3 of the last 5 years (on his or her own account or within an agency);
- Once these conditions have been met, he or she must complete the form Application for licence modification – Real estate broker and email it along with the applicable fees to [email protected] to add the "Certified AEO" qualification to his or her licence.
Act as executive officer within an agency:
-
The real estate broker must meet the conditions in the section "Obtaining the agency executive officer qualification (Certified AEO)" above;
- If he or she has never acted as agency executive officer before
OR
- If he or she has previously acted as an agency executive officer but not in the past two years:
He or she must show that he or she has completed the courses Applying your compliance program to your everyday operations and The agency executive officer as a compliance officer: Tools for managing everyday activities, within the two years prior to his or her appointment.
Read this article for the process of appointing an agency executive officer.
3. A ormer certified real estate agent wishing to :
Obtain the agency executive officer qualification (Certified AEO):
- The real estate broker must have carried on the activity of real estate broker for at least 3 of the last 5 years (on his or her own account or within an agency);
- If he or she already completed the Agency executive officer, more than a director or the self-study courses Compliance and performance: A combination that pays off and Electronic Document Management: For a successful EDM, he or she may take steps with the Certification Department to add the "Certified AEO" qualification to his or her licence.
- If he or she not completed the Agency executive officer, more than a director, he or she must complete the self-study courses Applying your compliance program to your everyday operations and The agency executive officer as a compliance officer: Tools for managing everyday activities. These courses are recognized under the OACIQ Mandatory Continuing Education Program.
- Once these conditions have been met, The real estate broker must complete the form Application for licence modification – Real estate broker and email it along with the applicable fees to [email protected] to add the "Certified AEO" qualification to his or her licence.
Acting as executive officer within agency:
-
The real estate broker must meet the conditions in the section "Obtaining the agency executive officer qualification (Certified AEO)" above;
- If he or she has never acted as agency executive officer before
OR
- If he or she previously acted as an agency executive officer but not in the past two years:
He or she must show that he or she has completed the courses Applying your compliance program to your everyday operations and The agency executive officer as a compliance officer: Tools for managing everyday activities, within the two years prior to his or her appointment.
Read this article for the process of appointing an agency executive officer.
Register for a basic training program for agency executive officer
Click here to consult the list of institutions recognized by the OACIQ that offer this program.
Questions?
Please contact Info OACIQ or the Certification Department at [email protected]. You can also reach them by telephone at 450-462-9800 or 1-800-440-7170.
