REAL ESTATE FEES
Course Fees
The chart below outlines the fees associated with becoming a Realtor® 
 Description Cost Frequency Notes
OREA College Course 1
-Real Estate as a Professional Career
$575 One-Time Only Mandatory to be Licensed
OREA College Course 2
-Land Structures and Real Estate Trading 
$600 One-Time Only Mandatory to be Licensed
OREA College Course 3
-The Real Estate Transaction *General*
$450 One-Time Only Mandatory to be Licensed
OREA College Course 4
- The Residential Real Estate Transaction
$450 One-Time Only Mandatory to be Licensed
OREA College Course 5
- The Commercial Real Estate Transaction
$450 One-Time Only Mandatory to be Licensed
OREA College Course 6
- Real Property Law
$550 One-Time Only Mandatory to beLicensed
 
*These fees are approximate and are subject to change, please check with OREA for accurate membership costs
 
Practicing Fees
The chart below outlines the fees associated with practicing Real Estate. 

RECO (REAL ESTATE COUNCIL OF ONTARIO) & TREB (TORONTO REAL ESTATE BOARD) FEES
Description Cost Frequency Notes
RECO Licensing Fee
$590 Every 2 Years Mandatory to be Licensed
TREB Courses: Orientation & MLS 
Free One-Time Only Mandatory to Join TREB
LICENSING FEES
TREB Registration 
$460 One-Time Only  
CREA/OREA Registration
$400 One-Time Only  
TREB Membership
$859.65 (incl. HST) Renewed Annually Renewed Annually on July 1st
CREA/OREA Fees
$474.60 (incl. HST) Renewed Annually Renewed Annually on January 1st
PRACTICING FEES
E & O Insurance
$445 (incl. HST) Annually Includes Deposit Protection and Commission Protection Plan 
*These fees are approximate and are subject to change, please check with TREB and RECO for accurate membership costs.
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