Alberta Real Estate Tutor

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 Alb...

This is one of the most tested comparison questions on the Alberta real estate and mortgage licensing exams — and understanding the distinction is critical. In this video from The Alberta Real Estate School, we break down the differences clearly and simply: CMA (Comparative Market Analysis) • Prepared by a real estate professional • Used to help buyers write offers • Used to help sellers determine...

Transaction Brokerage in Alberta: Do You Disclose a Second Offer? What happens if another offer comes in during transaction brokerage? This is a highly tested concept on the Alberta real estate licensing exam — and many students get it wrong. In this video from The Alberta Real Estate School, we explain how disclosure works when you are acting in transaction brokerage and a second offer is receive...

RMS Measurements & Sloped Ceilings Explained | Alberta Real Estate Exam Prep How do sloped ceilings affect RMS measurements in Alberta? This is a highly tested measurement concept on the Alberta real estate licensing exam — and it can be confusing if you don't understand the two-step rule. In this video from The Alberta Real Estate School, we break down RMS height requirements clearly and simply....

Can you add conditions after an offer has already been accepted? This is one of the most common questions students ask when preparing for the Alberta real estate licensing exam. In this short training video from The Alberta Real Estate School, we break down exactly what happens once an offer is accepted — and whether new conditions can legally be added afterward. Here's the key principle: Once an...

If There's No Buyer's Agent, Does the Seller Save on Commission? 💰🏡 | Alberta Real Estate Explained In this Q&A session, Raman explains what really happens when a buyer comes without an agent — and whether the seller actually saves on commission. Here's what you'll learn in this video: 🤝 How Commissions Work: • Typically, the seller agrees to pay a total commission, which is then split between...

Broker Delegation of Responsibilities 🏢 | How Brokers Can Delegate Tasks in Alberta In this Q&A session, Raman explains how broker delegation works in Alberta real estate brokerages — an important concept for both brokers and associates to understand. Here's what you'll learn in this video: 🧑‍💼 When Delegation Happens: • A broker may delegate responsibilities if they're away on vacation, out of...

How Do You Access MLS in Canada? 🏡 | Realtor.ca vs. Licensed MLS Access In this Q&A session, Raman clears up a common confusion about MLS® access. Here's what you'll learn in this video: 🔍 Public Access: • Anyone can search for properties through realtor.ca, Canada's public-facing platform that displays active MLS listings. • This is different from having direct MLS access as a licensed REALTOR®...

Investing Condo Fees… Where Does the Interest Go? 🏢💰 | Alberta Condo Reserve Funds Explained In this Q&A session, Raman answers a question many condo owners — and future REALTORS® — have: when condo fees are invested and earn interest, where does that money go? Here's what you'll learn in this video: 🏦 How It Works: • Condo corporations often invest the money collected through condo fees. • Any...

Who Likes Condominiums? 🏢 | Why Seniors and Young Buyers Choose Condos in Alberta In this Q&A session, Raman explains why condominiums appeal to different groups of buyers, from seniors to young professionals and first-time homeowners. Here's what you'll learn in this video: 👵 Seniors & Retirees: • Condos offer low-maintenance living — no lawn mowing, no snow shoveling, and no major repair respo...

Joining a Cloud Brokerage as a New Realtor 🏡☁️ | What to Consider Before You Decide   In this Q&A session, Raman shares an honest and practical perspective on what new REALTORS® should think about before joining a cloud brokerage. Here's what you'll learn in this video: 🤝 Mentorship Matters — As a new agent, you'll likely need more hands-on support. Joining a cloud brokerage where your mentor is...

Do You Need an ESA Every Time for a Rural Property? 🌾🏡 | Environmental Site Assessment Explained In this short Q&A session, Raman answers a common financing question: 👉 Do lenders require an Environmental Site Assessment (ESA) every time for a rural property? Here's what you'll learn: 🏡 ESA Requirements Depend on the Lender — Not every transaction requires a brand-new ESA. 📅 Age of the Report...

Can a Mortgage Insurer Come After You if You Default? | CMHC Explained   In this Q&A session, Raman clears up a big misconception about mortgage default insurance in Canada. Many people believe that once CMHC or another insurer pays the lender, the borrower is off the hook — but that's not always true.   Here's what you'll learn in this video: What Happens After Default: If a buyer defaults, CMHC...

Getting to the Bottom of Mortgage Insurance in Canada 🏡 | CMHC, High-Ratio Mortgages & First-Time Buyers In this Q&A session, Raman breaks down one of the most misunderstood topics in Canadian real estate — mortgage default insurance (a.k.a. CMHC insurance). Here's what you'll learn in this video: 🏦 When Mortgage Insurance Is Required — Anytime a buyer puts less than 20% down, lenders require de...

Does Renting a Room Make Your Property a Rental Property in Alberta? 🏡 💬 In this Q&A clip, Raman explains an important legal distinction in Alberta real estate — whether renting out a room in your home makes it a rental property. Here's what you'll learn in this session: 🏠 Owner-Occupied Rentals: • If you live in the property and rent out a room, it's not typically considered a full rental prop...

Why We Pull the Title and Historical Title in Alberta Real Estate 🏡 | Must-Know for REALTORS®   In this Q&A clip, Raman explains why real estate professionals in Alberta should pull both the current title and the historical title when working with a property. Here's what you'll learn in this session: 📄 Current Title Search — Confirms the legal owner, outstanding liens, mortgages, encumbrances, p...

Is a Mobile Home a Condominium in Alberta? 🏡 | Key Differences Explained In this short Q&A clip, Raman explains why a mobile home is not considered a condominium under Alberta real estate law — and how ownership works differently. Here's what you'll learn in this session: 🏠 A mobile home park is typically owned by an investor or single owner. 📍 Each site is leased to the mobile home owner — mea...

Condo Classifications in Alberta | Conventional, Bare-Land, Bare-Land Built-Out & Barely Blended 🏢🏡 In this Q&A session, Raman breaks down the four main types of condo classifications in Alberta real estate and how they work in practice. Here's what you'll learn in this clip: 🏢 Conventional Condos — Unit boundaries defined by walls, floors, and ceilings. 🌿 Bare-Land Condos — Ownership of land...

Low Co-operating Commission in Real Estate | How to Handle It as a Buyer's Agent 💼🏡 In this Q&A clip, Raman breaks down a very real scenario many REALTORS® face in Alberta — when the co-operating commission offered by the seller is lower than the fee agreed to with the buyer. Here's what you'll learn in this session: 💰 What happens when the seller is paying less than your agreed-upon fee. 🤝 Ho...

Transferring the Land Title in Alberta | Costs, Taxes & Legal Steps Explained 🏡 In this Q&A excerpt, Raman explains what happens when you transfer the land title of a property in Alberta — whether it's between family members, partners, or other ownership changes. Here's what's covered in this quick session: 💰 Capital Gains Consideration — If the property value has increased since purchase, you m...

Key Hand-Off on Possession Day | How the Final Step Works in Alberta Real Estate In this short Q&A clip, Raman explains how the key hand-off works on possession day in a typical Alberta real estate transaction. Once the buyer's lawyer sends the funds to the seller's lawyer and the funds are confirmed in trust, the seller's lawyer notifies the seller's agent that the keys are releasable. From there...

What Happens to the Deposit When a Real Estate Deal Falls Through in Alberta 💰 🏡 In this Q&A clip, Raman explains one of the most common questions buyers have — what happens to the deposit if the deal doesn't go through? Here's what's covered in this session: 💵 Before Condition Removal — If conditions like financing or inspection aren't satisfied, buyers can back out legally and get their depos...

The Warranties Section of the Purchase Contract Explained | Alberta Real Estate Q&A In this Q&A session, Raman breaks down one of the most important sections of the Alberta Residential Purchase Contract — Warranties and Representations. This section outlines what the seller is guaranteeing to the buyer, including: 🏡 Legal right to sell the property 📄 No outstanding liens or encumbrances on inclu...

Real Estate Conflict of Interest Explained | 2 Must-Know Scenarios for Agents What does a conflict of interest really look like in real estate? In this video, Raman from the Alberta Real Estate School walks you through two real-life scenarios every agent should understand: 1️⃣ When a realtor represents a seller and an unrepresented buyer wants to make an offer. 2️⃣ When the same agent represents b...

Straight from the parking lot of victory! 🚗✅ One of our amazing students just crushed the Practice of Mortgage exam—and couldn't wait to jump on our Live Q&A Zoom to share his excitement. His words? "I was over-prepared. The exam felt easy after going through the Alberta Real Estate School's Study Guide." 💪 📚 We love seeing students succeed—and even more when they feel confident walking in and...