What is the new Real Estate Salesperson Program?
Before becoming registered as a salesperson, individuals must complete the Real Estate Salesperson Program, which teaches them about the fundamentals of trading in real estate and the rules they must follow.
RECO is partnering with Humber College and NIIT Canada to provide an exciting new approach to real estate education in Ontario. RECO’s new Real Estate Salesperson Program will launch in 2019 and will support aspiring registrants in becoming practice-ready from day one when they enter the profession.
The new Real Estate Salesperson Program will provide many benefits, including:
- A new learning path that follows the flow of a real estate transaction, providing learners with a practical understanding of the key aspects of real estate trades. The new program includes relevant course content, examinations and practical simulation sessions with coaching and support from expert facilitators.
- A new knowledge management system (KMS) will provide learners of the new program, as well as all registrants, with an online databank of searchable, just-in-time reference materials – for example, job aids, checklists and guides.
- Optional in-person or virtual classroom facilitated review sessions to discuss challenging key concepts covered in the eLearning modules with other learners and receive support from expert facilitators.
- Mandatory in-person simulation sessions that will assess learners’ application of course content. Learners will have the opportunity to practice important elements of a transaction in a structured and interactive classroom environment, and receive coaching and support from expert facilitators, in preparation for providing compliant and high-quality service to consumers.
How do I apply?
Learners will need to complete an application on Humber’s Real Estate Programs website. More information about the application process will be available in May. Please continue to check the website for more details.
What are the admissions requirements?
To qualify for admission into the Real Estate Salesperson Program, an applicant must hold a Canadian secondary school diploma or GED certificate, or an acceptable equivalent credential. When registration opens, a list of equivalent credentials will be posted on Humber’s Real Estate Programs website.
Will the Real Estate Salesperson Program follow Humber’s semester timetable?
Learners will be able to sign up and start their coursework at any point during the year, while selecting sessions from the course calendar that best meets their needs. Unlike many of Humber’s post-secondary programs, the Real Estate Salesperson Program will not run on a semester or term basis. With much of the coursework being delivered online, individuals will be able to progress at their preferred pace.
Is the Real Estate Salesperson Program OSAP-eligible?
The program is not eligible for OSAP as it does not receive any direct provincial funding.
Which program should I enroll in, the current one offered by the OREA Real Estate College or the new one that will be offered by Humber?
This decision largely depends on your preferred timeline for entering the real estate industry. Both programs will prepare those who are engaged in the learning experience to start practicing real estate. If you want to get started sooner, the OREA Real Estate College will continue to accept your registration for the Salesperson Registration Education program until the end of April 2019. If you begin the program with OREA, you will need to complete it with OREA. With the OREA Real Estate College ceasing delivery as of November 28, 2020, you need to keep that deadline in mind and ensure you complete all courses required prior to that date.
Where can I find the complete course calendar?
Humber College will publish the full course calendar on the Real Estate Programs website prior to registration opening.
What are the key components of the Real Estate Salesperson Program?
The Real Estate Salesperson Program consists of a combination of mandatory eLearning courses, theory examinations and simulation sessions. Learners can choose to augment their individual eLearning by enrolling in optional in-person or virtual facilitated review sessions where they will receive coaching and support around key concepts covered in the eLearning modules. For the theory exams and simulation sessions, in-person attendance is mandatory.
What courses will I have to take as part of the Real Estate Salesperson Program?
The learning path for the new Real Estate Salesperson Program follows the flow of a real estate transaction. It weaves in key legal elements while giving learners a mix of theory and practical knowledge. This will better enable new registrants to navigate a real estate transaction on behalf of buyers and sellers from day one.
- The program begins with Real Estate Essentials. It lays out the role of a salesperson in relation to their obligations as defined in the Real Estate and Business Brokers Act or REBBA, including the Code of Ethics, and other (non-REBBA) relevant legislation.
- The next course covers the Residential Real Estate Transaction including the processes for buying, selling, listing and completing residential real estate transactions. The course also covers marketing strategies and the preparation of contracts.
- The Additional Residential Real Estate Transactions course applies the content from the Residential Real Estate Transaction course to other types of residential transactions, including: condominiums; new construction; rural properties; residential multi-family dwellings; and residential leasing.
- The Commercial Real Estate Transaction course will then detail the unique requirements for buying, selling and listing commercial properties as well as brokering the sale of businesses.
- The Getting Started course will give future registrants an overview of how to begin their career in real estate. Topics include information on obtaining and maintaining registration and insurance, and strategies for selecting a brokerage for employment.
What is the knowledge management system?
The knowledge management system (KMS) is a searchable online databank with materials and support tools that will be available to both learners and existing registrants. The KMS will allow for information, checklists, guides, etc. to be accessible any time they are needed. It will be available to learners, and eventually to all registrants, through MyWeb.
What are the simulation sessions?
The pre-registration segment of the program will feature two separate week-long in-person simulation sessions, where learners will come together in a group setting to apply their knowledge to real-life scenarios. The simulation sessions will also be an opportunity to receive coaching from expert facilitators, who are experienced real estate professionals, and to learn from one another.
Will the course materials be the same as what the OREA Real Estate College is currently using?
Both programs train individuals to become a salesperson, so in general, the content covered will be similar. The content of the new program will follow the flow of transaction, so the content will be presented very differently. The program will incorporate innovative delivery methodologies, such as virtual classrooms, practical in-person simulation sessions and a knowledge management system for reference.
Do I have to take all the courses or can I just write the final examinations?
Learners must complete all required program components, including all courses, examinations and simulation sessions, as outlined on the learning path.
Will you be required to pass the new Humber College Real Estate Salesperson program?
Yes, learners will have to pass the examinations and assessments that are part of the program.
Where is the main Humber campus offering the Real Estate Salesperson Program?
The main Humber Real Estate Education Programs campus is located at:
30 Carrier Dr
Etobicoke, ON M9W 5T7
I do not live in the Greater Toronto Area. Will the in-class sessions be offered in communities where Humber does not have physical facilities?
Humber is working with colleges across Ontario to offer in-person facilitated review sessions and simulation sessions in a variety of locations. The facilitated review sessions will also be available through virtual classrooms, allowing learners from across the province to connect via the internet. Humber is committed to having options available to meet the needs of learners across the province. More information about specific locations will become available closer to the program’s launch.
How will the fees compare to the program managed by the OREA Real Estate College, and will they differ depending on the learning method chosen (in-class, eLearning, etc.)? What does the program cost?
Program costs will be confirmed when the first course calendar is released.
Can the program be completed part-time?
Yes, it can be completed part-time. With much of the coursework being delivered online, individuals will learn at their preferred pace. There will be options for days, evening and weekends for in-person sessions.
Will the exam and simulation sessions be offered evenings or weekends?
Yes, there will be day, evening and weekend options available, depending on location. Humber is working with colleges across Ontario to offer examinations, facilitated review sessions and simulation sessions in a variety of locations across the province.
What does the new program mean for current learners at the OREA Real Estate College?
The current program with the OREA Real Estate College will run until November 28, 2020. Learners completing their pre-registration or articling courses with the OREA Real Estate College must complete all courses and examinations prior to this date.
What does the new program mean for existing Registrants?
Registrants with permanent registration will not be affected, since they have already completed their registration education requirements. Registrants who are within their first registration cycle must complete their “articling” course requirement with the OREA Real Estate College prior to the earlier of November 28, 2020 or their registration renewal date. More information on the Real Estate Broker Program will follow.
Does the new program impact the Mandatory Continuing Education (MCE) program?
RECO’s MCE program is not impacted by the new program.
I am taking (or have completed in the past) some courses through the OREA Real Estate College. Do they count towards the program at Humber?
If you have already started your training at the OREA Real Estate College, then you must complete all your courses and examinations with OREA. The current program will run until November 28, 2020. If you have previously taken courses and are wondering if they are still valid, you can speak with OREA or apply to RECO to have your prior learning assessed through the Educational Equivalency Assessment process. Please contact RECO for information when you are ready to resume the program.
I have completed the pre-registration courses at OREA. Can I complete the articling requirements at Humber?
If you are eligible to complete your articling requirements at the OREA Real Estate College, you may do so until your first registration renewal date, but no later than November 28, 2020, when the College will cease course delivery. RECO will recognize any articling course completed prior to your initial registration. The articling requirement is completion of your choice of one elective course. All elective course options are available online. You are encouraged to plan your studies accordingly to ensure you complete your articling requirements within the timeline.
Can I receive an exemption for a course based on past experience/education?
RECO will continue to administer an Educational Equivalency Assessment process. Any course exceptions granted will be based on the merits of the individual’s application.
I am a salesperson in another province and will be moving to Ontario. How do I become registered?
Current real estate brokers or salespersons from eligible Canadian jurisdictions must complete an Interprovincial Challenge Examination, before applying and paying applicable fees. See here for more information.
Are my education credits from an out of province real estate program or other professional program transferable to the Humber College program?
RECO may grant course credits or examination challenges for a registration education course on the basis of an educational equivalency. There is an application process, and any exceptions are granted on a case by case basis. See here for more details.
I am interested in helping Humber deliver this new program. Who can I contact for more information?
Please send Humber College an email at firstname.lastname@example.org
Does Humber have a website for the new program?
Yes, the program’s website is www.humber.ca/realestate.
I still have questions. Who can I contact?
Additional information will be posted on this website as it becomes available. Please check back often. For additional questions, please contact REProgram@reco.on.ca.