Category Archives: Real Estate Career Mentor

Thoughts on how to become a real estate professional in Ontario.

“Real Estate As A Career” – Workshop led by Real Estate Career Coach @ChillaRiddle

What: Real Estate As A Career Workshop

When: Saturday March 25, 2017 – 2:00 p.m. – 4:00 p.m.

Where: University of Toronto Downtown

Investment: $50 for those those who participate in the “Real Estate Math Workshop” and $100 for others

Who: Real Estate Career Coach Chilla Riddle

Everything you should know about a “Career In Real Estate”, but didn’t know to ask!


Course description:

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Becoming a Real Estate Professional in Ontario: New rules and a new school are coming @RECOHelps

 

A bit of advice: If you want to become either a real estate sales agent or a real estate broker in Ontario you should earn these licenses NOW!! The rules are changing and I don’t think it is going to get easier.

I received the following email from RECO on December 15, 2014

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Should #TorontoRealEstate sellers use: No broker, a discount broker or a full service broker

The Toronto Real Estate market continues to be strong. It’ relatively easy to sell a relatively well priced house in the Toronto market. That said, how should sellers go about the process of selling? Do the service of a “full service” broker add value in such a market?

Toronto Real Estate agents who want to build their careers in real estate need to consider how real estate commissions are perceived from the perspective of the client.

On May 9,  2014, The Toronto Star ran articles with differing perspectives.

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Welcome to your career in real estate!

 

Welcome to your career in real estate!

You have just taken your first step towards a rewarding career in real estate. The real estate industry and profession in Ontario (and other jurisdictions) is heavily regulated.  You can achieve  your license to sell real estate in as little as four months.

The mission of Real Estate Prep is to help you:

– make the decision to enter the real estate industry

– offer you independent tutoring for the OREA real estate exams

– provide you with training as a newly licensed real estate agent

We also offer Real Estate University which is a series of short courses for the general public to help them buy and sell their homes.

We offer you independent real estate preparation courses and study aids, for the exams required to become licensed to be a real estate agent in Ontario. These courses include: OREA real estate mathOREA exam tutoring, the OREA admissions test, and Ontario Real Estate Career Coaching.

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Keep you Ontario real estate license – park your license with an Ontario real estate broker

The rules governing your registration as an Ontario real estate salesperson or Ontario real estate broker are found in two sources:

A. The Ontario Real Estate and Business Brokers Act (REBBA) ; and

B. The regulations made pursuant to the Real Estate and Business Brokers Act (REBBA).

Those who are seeking to become or maintain their license as a salesperson or broker should read the statute and the rules. In addition, you must understand the REBBA code of ethics (they are the source of many OREA exam questions).

Your Ontario real estate is  valuable. You worked hard to get it. You have worked hard to provide value to your real estate clients. It has been the key to your real estate career. It takes money and time (in the form of continuing education) to maintain it. In order to maintain your registration with RECO you must:

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The acronyms of organized real estate: National, Provincial and Local – CREA,OREA,TREB

Before you begin your real estate education and building your real estate career, it’s important you understand the terminology of the real estate industry.

The process of earning your Ontario real estate license

RECOReal Estate Council of Ontario – The organization that administers REBBA (The Real Estate and Business Brokers Act). You get your license from RECO.

You have your Ontario real estate license, what then?

Once you have your license, you will likely join trade associations which are called “organized real estate”.

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Thoughts on starting and building your real estate career

The above tweet references an interesting article from the OREA site. It includes:

Building a career in real estate takes time. … Do your best to look into your future and decide where you see yourself in ten years and start there.

In other words, move to the area where you want to work! Integrate yourself into the community!

Although you will be affiliated with a brokerage, you are your own brand. Therefore, you must consider how to build your own brand as a real estate professional.

And above all else:

Never confuse having a career with having a life!

Building a career in real estate takes time.  In order to be successful you have to commit yourself to a specific area for an extended period of time.  Choosing where you will start your career is also a choice of where you will live for the foreseeable future.  Do your best to look into your future and decide where you see yourself in ten years and start your career there.  It is counterproductive to work on building up your business in one location only to have to start from scratch in another area two years down the road.  Remember, being successful in real estate means being active in your community, and building long-lasting relationships. – See more at: http://www.oreablog.com/2012/06/starting-out-in-real-estate/#sthash.FTcskGNu.dpuf
Building a career in real estate takes time.  In order to be successful you have to commit yourself to a specific area for an extended period of time.  Choosing where you will start your career is also a choice of where you will live for the foreseeable future.  Do your best to look into your future and decide where you see yourself in ten years and start your career there.  It is counterproductive to work on building up your business in one location only to have to start from scratch in another area two years down the road.  Remember, being successful in real estate means being active in your community, and building long-lasting relationships. – See more at: http://www.oreablog.com/2012/06/starting-out-in-real-estate/#sthash.FTcskGNu.dpuf
Building a career in real estate takes time.  In order to be successful you have to commit yourself to a specific area for an extended period of time.  Choosing where you will start your career is also a choice of where you will live for the foreseeable future.  Do your best to look into your future and decide where you see yourself in ten years and start your career there.  It is counterproductive to work on building up your business in one location only to have to start from scratch in another area two years down the road.  Remember, being successful in real estate means being active in your community, and building long-lasting relationships. – See more at: http://www.oreablog.com/2012/06/starting-out-in-real-estate/#sthash.FTcskGNu.dpuf