top of page
  • AspirePeak Properties

Unlicensed Real Estate Assistant Misconceptions

Recently, I have had a number of different conversations with individuals that at the root of the conversation seems to lead back to one HUGE misconception in the property management industry. That misconception is what an unlicensed person can or cannot do for other landlords.

The photos below show 3 main misconceptions when it comes to what a unlicensed individual can do for another owner/landlord.

๐Ÿšซ #1. ๐—ก๐—ข, an unlicensed assistant can ๐—ก๐—ข๐—ง complete showings on a property that is not their own.

๐Ÿšซ #2. ๐—ก๐—ข, lease only services are ๐—ก๐—ข๐—ง a work around for being unlicensed. Just because you are not providing full management services does ๐—ก๐—ข๐—ง mean it is a service you can legally offer to the public.

๐Ÿšซ #3. ๐—ก๐—ข, an unlicensed assistant can ๐—ก๐—ข๐—ง offer to or actually list real estate for rent for another landlord without being licensed.

All these activities require individuals to be licensed and working under a licensed brokerage as per the Real Estate Act of Alberta. What happens if you don't have a license? See link below directly to RECA's bulletin ( Fines of up to 25K) ๐Ÿ˜ณ๐Ÿ‘‡

6 views0 comments

Recent Posts

See All
bottom of page