Tag Archives: OREA

New Real Estate Education program announced by @RECOHelps – Begins 2019

The above tweet references the announcement by RECO that they have selected their new educational services provider AND who that provider will be. The new program will be delivered by Humber College and NIIT Canada.

It is possible to qualify as a sales agent and/or broker under the existing OREA course structure by beginning before mid 2019. My guess (pure speculation) is that the new program will be longer and more difficult. The expression “better the devil you know, rather than the devil you don’t know” is possibly apt.

My advice: Begin the existing OREA program quickly! For further details see the RECO Fact Sheet below.
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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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