Licensing Fees

In order to gain and maintain your professional status, you must pay for licensing. Find the fees for an individual, brokerage or Personal Real Estate Corporation licence.

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RECBC’s licensing fees enable us to protect consumers by enforcing the Real Estate Services Act and educating, licensing, auditing, investigating and disciplining real estate professionals.

Licence fees can be paid by Mastercard, VISA, money order or cheque made payable to the “Real Estate Council of BC”. We do not accept payment in cash.

Licensing Fee Changes

On April 1, 2021 licensing fees for first-time licence applications, relicence applications and renewals increased for individuals and brokerages.

Please be sure to review the tables below carefully.

Learn more about what is included in the licensing fee.

First Time Trading Services Applicants: Please note, if your Applied Practice Course Component 2 (or Commercial Component 1) will not be completed prior to April 1, the new fee will apply.

Individual Licence Fees

First-Time Licensing Application$2,000

Re-licensing Application

(unlicensed for more than 90 days from licence expiry)

$2,000
Licence Renewal Application$1,650
Late Renewal (unlicensed less then 90 days from licence expiry)$1,700
Licence Transfer or Reinstatement Application$250
Change of Licence Level or Category$250
Secondary Managing Broker Licence Application$1,000
Secondary Managing Broker Licence Renewal$950
Name Change$50

Submit fees by Mastercard, VISA, money order or cheque made payable to the “Real Estate Council of BC”. We do not accept payment in cash.

Brokerage Licence Fees

Initial Licensing Application — Brokerage$2,200
Initial Licensing Application — Branch Office$1,000

Initial Licensing Application — Sole Proprietor

(Please contact RECBC for information about licensing as a sole proprietor.)

$2,200
Licence Renewal Application — Corporation, Partnership, or Sole Proprietor$1,650
Licence Renewal Application — Branch Office$950
Change of Licence Level or Category$250
Name or Address Change$50

Submit fees by Mastercard, VISA, money order or cheque made payable to the “Real Estate Council of BC”. We do not accept payment in cash.

Personal Real Estate Corporation First Time Fee Table

Full Months*Fee** (for applications on or after April 15, 2021)
1$71
2$141
3$213
4$284
5$354
6$425
7$496
8$566
9$638
10$709
11$779
12$850
13$921
14$991
15$1,063
16$1,134
17$1,204
18$1,275
19$1,346
20$1,416
21$1,488
22$1,559
23$1,629
24$1,700

* Number of full months between application date and the expiry date of the controlling individual’s licence
** As of April 15, 2021 there is no Real Estate Compensation Fund Corporation contribution required for personal real estate corporations

Submit fees by Mastercard, VISA, money order or cheque made payable to the “Real Estate Council of BC”. We do not accept payment in cash.

Understanding the Fee

The fee for your personal real estate corporation licence depends on the expiry date of your individual licence. You can find the expiry date on the licence certificate or by using the Find a Professional Search. Then calculate the number of full months between the date you submitted the personal real estate corporation application and the expiry date of your individual licence.

For example, if you submit a personal real estate licence application on January 8, 2020 and your individual licence will expire on November 29, 2020, the fees would be calculated from January 8 – November 8 (10 months). There is no payment required for the partial month between November 8 and November 29.

Expiry Date

The expiry date of the personal real estate corporation licence must match the expiry date of your individual licence. We will pro-rate the fees for your personal real estate corporation based on the number of months between the issue date of your personal real estate corporation licence and the expiry date of your individual licence.

Fees are charged for full months only.