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Main Content

Start Up Costs

REGISTRATION FEES
Description
Cost
Frequency
Notes
OREA Pre-registration Courses
$3,075 inclusive
PAID by you
Mandatory to be Licensed
OREA Articling Course
$505 inclusive
PAID by you
Recommended to complete ASAP!
*RECO License Fee
$390 inclusive
Every 2 Years
Mandatory to be Licensed
*RECO Application Fee
$200 inclusive
New or Reinstatenment
Mandatory to be Licensed
OREA Registration
$200+HST
One time only
Mandatory to be Licensed
CREA Registration
$200+HST
One time only
Mandatory to be Licensed
TREB Registration
$460.00
One time only
Manatory for TREB Membership
MREB Registration
$300+HST
One time only
Mandatory for MREB Membership
TREB/MREB Orientations
FREE!
One time only
Mandatory to join TREB and/or MREB

ANNUAL REGISTRATION FEES
Description
Cost
Frequency
Notes
TREB Membership Dues*
$651.80+HST
Annually
Mandatory for TREB, Prorated to June 30th
MREB Membership Dues*
$900+HST
Annually
Mandatory for MREB, Prorated to March 31st
OREA Dues*
$110+HST
Annually
Mandatory to be Licensed, Prorated to December 31st
CREA Dues*
$310+HST
Annually
Mandatory to be Licensed, Prorated to December 31st
RECO E&O Insurance*
$445 inclusive
Annually
Mandatory to be Licensed, Prorated to September 1st
TREB Life Insurance*
$100+PST
Annually
Mandatory to be Licensed, Prorated to June 30th 1st
PERSONAL
Description
Cost
Frequency
Notes
Advertising
200.00 – 500.00
Monthly
Cellphone
80.00
Monthly
Computer
500.00 – 1,500.00
Monthly
Individual Preference
Vehicle
Variable
Depends on Make and Model
Cost of Living
Variable
Miscellaneous
150.00
(flash light, tape measure, etc.)
**Agent Start up Kit
500.00
As Needed
For Sale Signs, Open House Signs, Business Cards, Name Plate, Personal Stationary
SUTTON SUMMIT GROUP
Description
Cost
Frequency
Notes
Office Fee
Call for info.
Affiliation Fee

*We offer assistance with some of the registration fees – call 905-491-3288 for more info.
** Please note all agents new to Sutton Group Summit Receive the Agent Start-Up Kit at no charge.
PLEASE NOTE THE ABOVE IS JUST AN ESTIMATE TO GIVE YOU AN IDEA OF POTENTIAL COSTS