1 rich Libsyn https://www.libsyn.com 90 600 Classes of Real Estate Licenses in Alberta Explained | RECA Exam Prep Can you hold more than one real estate license in Alberta? And what exactly does “class of license” mean? This is a commonly misunderstood topic on the Alberta real estate and mortgage licensing exams — and it shows up in tricky RECA-style questions. In this video, we break down: • The four classes of real estate licenses in Alberta: Brokerage, Broker, Associate Broker, and Associate • The three classes of mortgage licenses: Brokerage, Broker, and Associate • Why you can only hold one class of license at a time within an industry • How you can still be licensed in multiple industries (for example, real estate and mortgage) • What actually appears on your license Here’s the key distinction: You can only hold one class of license per industry. For example, you cannot be both a Broker and an Associate at the same time. Your license will state only one class. However, you can be licensed in multiple industries. For example: • Real Estate Associate • Mortgage Associate • Property Manager RECA does not prohibit professionals from holding licenses in multiple sectors — but your class designation within each industry remains singular. Understanding this difference is critical for: • Fundamentals of Real Estate exam prep • Practice of Residential Real Estate • Fundamentals of Mortgage Brokerage • Students preparing for licensing in Alberta • New professionals planning their career path At The Alberta Real Estate School, we simplify licensing structures so you don’t get caught by wording tricks on the exam. #AlbertaRealEstate #RECA #RealEstateLicense #MortgageBrokerLicense #AlbertaRealEstateSchool Alberta Real Estate Tutor http://albertarealestateschool.com <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/41178235/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/content/201623775