INTRODUCTION TO PHASES 1, 2 AND 3 New salespeople must successfully complete a three-phase program and meet regulatory requirements in order to be registered by The Manitoba Securities Commission as a salesperson and be employed by a real estate brokerage firm. This program represents a concerted effort by both the Manitoba government and the real estate profession to ensure that real estate salespeople enter the field of real estate with an acceptable level of technical and practical competence. The licensing education course leading to registration as a salesperson is entitled Real Estate as a Professional Career. The course consists of three phases that must be successfully completed in sequence within 12 months from the original course start date of Phase 1. Students must pass an examination with a grade of not less than 70% at the end of each Phase, before proceeding to the next. For additional general information, go here. PHASE 1, is a fully self-directed learning environment, which allows students to proceed independently. This course provides an introduction to real estate, examines its various benefits and limitations, and covers basic mathematical calculations used within the profession, and residential construction. In addition to receiving a printed version of the course, this course is available ONLINE. Work on the course, self study assignments and mandatory assignments wherever you have access to a computer! Contact the MREA Education Centre for more information. PHASE 2, concentrates on the theoretical aspects of real estate practice, including agency fundamentals, contract and statutory law, professional conduct, and The Real Estate Brokers Act. In addition to receiving a printed version of the course, this course is available ONLINE. Work on the course, self study assignments and mandatory assignments wherever you have access to a computer! Contact the MREA Education Centre for more information. PHASE 3, emphasizing practical application of earlier studies, and it covers market evaluations, listing agreements, and offers to purchase. In addition to receiving a printed version of the course, this course is available ONLINE. Work on the course, self study assignments and mandatory assignments wherever you have access to a computer! Contact the MREA Education Centre for more information. Students completing the three phases of Real Estate as a Professional Career may register as a salesperson with The Manitoba Securities Commission. An application for registration as a salesperson, signed by the employing broker, must be made to the Commission within six months of successfully completing Phase 3. What you need to become a registered real estate salesperson To engage in real estate transactions as a salesperson, on behalf of your employing broker, an individual must: unless he/she is a Canadian citizen, have the approval of immigration officials to work in Canada; be at least 18 years old; complete the pre-licensing education courses through The Manitoba Real Estate Association within the six month period immediately prior to applying for registration; File an application for registration on forms provided by the Registrar of The Real Estate Brokers Act with the appropriate registration fee, sponsored by a registered broker; Have enough money to meet all your personal financial needs until you start receiving regular commission income; Have no serious charges or convictions under the laws of a province, state, or country; Obtain a certificate of registration for the Registrar. Articling Courses During the first two years of registration, the salesperson must successfully complete the two MANDATORY ARTICLING COURSES: Real Property Law and Principles of Appraisal. Following successful completion of these two courses, a salesperson receives permanent salesperson status. Mandatory Continuing Education Following registration, and in each successive one-year registration renewal period, all registrants are required to complete 6 hours of mandatory continuing education through classroom seminars approved by The Manitoba Securities Commission and offered by The Manitoba Real Estate Association in several locations in Manitoba.