Mandatory basic training: Becoming agency executive officer or acting on your own account
1. I am holder of a broker’s licence which I obtained after May 1, 2010, by taking a skills-based examination and I wish to:
Obtaining the agency executive officer qualification (Certified AEO)
Act as executive officer within an agency
2. I am a former affiliated agent wishing to:
Obtain the agency executive officer qualification (Certified AEO)
Act as executive officer within an agency
3. I am a former certified agent wishing to:
Obtain the agency executive officer qualification (Certified AEO)
Act as executive officer within agency
1. I am holder of a broker’s licence which I obtained after May 1, 2010, by taking a skills-based examination and I wish to:
Act on my own account:
- You must complete the training Managing trust accounts as soon as you are required to open a trust account.
- You 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):
- You 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;
- You must pass the agency executive officer examination which lasts 3 ½ hours. This skills-based examination confirms your ability to manage an agency;
- If you have taken the agency executive officer examination, but did not successfully complete all competencies:
- You may retake the exam up to three times within 12 months from the date you wrote the initial exam; if you fail all these supplemental exams, you may not retake the exam until 12 months from the date of the last supplemental exam. At that time, you will have to show that you have successfully completed an agency executive officer basic training program recognized by the OACIQ.
- 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;
- You 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, you must complete the form Application for licence modification – Real estate broker and email it along with the applicable fees to certification@oaciq.com to add the "Certified AEO" qualification to your licence.
Act as executive officer within an agency:
-
You must meet the conditions in the section "Obtaining the agency executive officer qualification (Certified AEO)" above;
- If you have never acted as agency executive officer before
OR
- If you have previously acted as an agency executive officer but not in the past two years:
You 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. I am a former affiliated real estate agent wishing to:
Act on my 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):
- You 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;
- You must pass the agency executive officer examination which lasts 3 ½ hours. This skills-based examination confirms your ability to manage an agency.
- You must have carried on the activity of real estate broker for at least 3 of the last 5 years (on your own account or within an agency);
- Once these conditions have been met, you must complete the form Application for licence modification – Real estate broker and email it along with the applicable fees to certification@oaciq.com to add the "Certified AEO" qualification to your licence.
Act as executive officer within an agency:
-
You must meet the conditions in the section "Obtaining the agency executive officer qualification (Certified AEO)" above;
- If you have never acted as agency executive officer before
OR
- If you have previously acted as an agency executive officer but not in the past two years:
You 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.
3. I am a former certified real estate agent wishing to:
Obtain the agency executive officer qualification (Certified AEO):
- You must have carried on the activity of real estate broker for at least 3 of the last 5 years (on your own account or within an agency);
- If you have 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, you may take steps with the Certification Department to add the "Certified AEO" qualification to your licence.
- If you have not completed the Agency executive officer, more than a director, you 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, you must complete the form Application for licence modification – Real estate broker and email it along with the applicable fees to certification@oaciq.com to add the "Certified AEO" qualification to your licence.
Act as executive officer within agency:
-
You must meet the conditions in the section "Obtaining the agency executive officer qualification (Certified AEO)" above;
- If you have never acted as agency executive officer before
OR
- If you have previously acted as an agency executive officer but not in the past two years:
You 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.
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 certification@oaciq.com. You can also reach them by telephone at 450-462-9800 or 1-800-440-7170.
