Key Hand-Off on Possession Day | How the Final Step Works in Alberta Real Estate
Release Date: 12/10/2025
Transaction Brokerage in Alberta: Do You Disclose a Second Offer?
Alberta Real Estate Tutor
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 received. Here’s what you need to know: • In transaction brokerage, you remain neutral between the buyer and seller • If another offer is received, you disclose it to the seller only •...
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RMS Measurements & Sloped Ceilings Explained | Alberta Real Estate Exam Prep How do sloped ceilings affect RMS measurements in Alberta?
Alberta Real Estate Tutor
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. Here’s what you must remember: Step 1: The 7-Foot Rule To include any space in Residential Measurement Standard (RMS) calculations, there must be at least 7 feet of ceiling height somewhere...
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Can You Add Conditions After an Offer Is Accepted? | Alberta Real Estate Exam Prep
Alberta Real Estate Tutor
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 offer is accepted, you cannot simply add new conditions. However, additional terms may be introduced through an addendum — but only if both parties agree. If one party does not consent, the...
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If There’s No Buyer’s Agent, Does the Seller Save on Commission? 💰🏡 | Alberta Real Estate Explained
Alberta Real Estate Tutor
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 the listing (seller’s) agent and the buyer’s agent. 📄 When There’s No Buyer’s Agent: • The seller’s agent ends up doing extra work — writing the offer,...
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Broker Delegation of Responsibilities | How Brokers Can Delegate Tasks in Alberta
Alberta Real Estate Tutor
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 office, or unable to manage day-to-day operations temporarily. 🏡 Who Can Be Delegated: • The person must be licensed within the same brokerage. • They can be an...
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How Do You Access MLS in Canada? 🏡 | Realtor.ca vs. Licensed MLS Access
Alberta Real Estate Tutor
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®. 🏡 Licensed Agent Access: • Full MLS access is only available to licensed real estate professionals who are members of their local real estate board. • Agents get...
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Investing Condo Fees… Where Does the Interest Go? 🏢💰 | Alberta Condo Reserve Funds Explained
Alberta Real Estate Tutor
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 interest earned goes directly into the reserve fund — not to the corporation or unit owners. 💰 Why It Matters: • The reserve fund is used for major repairs and...
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Who Likes Condominiums? 🏢 | Why Seniors and Young Buyers Choose Condos in Alberta
Alberta Real Estate Tutor
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 responsibilities. • Many senior-focused condominiums have age restrictions (e.g., 55+ or 60+) and offer amenities like nurse visits or community activities. 👩💻 Young Buyers...
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Joining a Cloud Brokerage as a New Realtor 🏡☁️ | What to Consider Before You Decide
Alberta Real Estate Tutor
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 in another city can be challenging. 🏡 Experience Counts — Learning from someone who has closed many deals can accelerate your growth — but joining someone who’s...
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Do You Need an ESA Every Time for a Rural Property? 🌾🏡 | Environmental Site Assessment Explained
Alberta Real Estate Tutor
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 Matters — Lenders may accept a recent ESA (e.g., done within 2 years), but older reports (e.g., 10 years) usually aren’t accepted. 🌿 Why It’s Important — Rural...
info_outlineKey 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, the buyer’s agent gets the go-ahead — and that’s when the buyer finally gets possession.
🏡✨ This is a critical step in closing a deal, and understanding this sequence helps new agents guide their clients confidently through possession day.
👉 Want to learn more about Alberta real estate transactions?
📚 Enroll at www.albertarealestateschool.com
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