Unlicensed Real Estate Assistant Misconceptions: What Calgary Landlords Need to Know
- AspirePeak Properties
- Feb 11, 2022
- 2 min read
Updated: Apr 14
In the property management industry, there is one HUGE misconception that keeps surfacing in conversations: what an unlicensed individual can or cannot do for landlords. This misunderstanding can lead to serious legal consequences for both landlords and unlicensed assistants. Let’s clear the air and address these unlicensed real estate assistant misconceptions head-on.
🚫 Misconception #1: Anyone can complete showings on a property they do not own.
Reality: Absolutely not. Conducting showings for a property that is not personally owned requires a valid real estate license. This restriction exists to protect the interests of landlords and tenants, ensuring that all activities are performed under the supervision of a licensed brokerage. Unlicensed individuals attempting to conduct showings are in direct violation of the Real Estate Act of Alberta.
🚫 Misconception #2: Lease-only services are a legal loophole for unlicensed individuals.
Reality: This is false. Just because someone is not offering full property management services does not mean they can legally provide lease-only services to the public. Any activity involving the leasing of a property on behalf of another landlord requires a real estate license. Without proper licensing, these services are illegal and can result in significant penalties.
🚫 Misconception #3: Anyone can list rental properties for another landlord.
Reality: Wrong again. Listing properties for rent on behalf of another landlord is a regulated activity that requires licensing. Only individuals working under a licensed brokerage are authorized to list real estate for rent. Unlicensed individuals engaging in these activities are not only breaking the law but also exposing landlords to potential liabilities.
Why Licensing Matters
The Real Estate Council of Alberta (RECA) strictly regulates real estate and property management activities to ensure professionalism, accountability, and consumer protection. Engaging in regulated activities without a license can result in severe consequences, including fines of up to $25,000. For more details, refer to RECA’s bulletin on Holding Oneself Out as an Industry Member.
Protect Yourself as a Landlord
If you’re a landlord looking to hire someone to assist with property management tasks, ensure they are licensed and affiliated with a reputable brokerage.
Licensed professionals, like those at AspirePeak Properties, are trained, experienced, and regulated under the Real Estate Act of Alberta. This ensures that your investment is managed legally and effectively.
Why Choose AspirePeak Properties?
At AspirePeak Properties, we pride ourselves on being a licensed brokerage through the Real Estate Council of Alberta (RECA). Our team of licensed property managers is committed to providing professional and compliant services to landlords across Alberta. Whether you need full property management or lease-only services, we’ve got you covered with the expertise and legal compliance you deserve.
Final Thoughts
Understanding the legal requirements for property management is crucial for landlords and assistants alike. Misconceptions about what unlicensed individuals can do not only jeopardize your property but also expose you to legal risks. Always work with licensed professionals to protect your investment and ensure peace of mind.
Need help managing your property? Contact AspirePeak Properties today for professional, licensed property management services tailored to your needs.
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