Vision for Registration Education
RFP Issuance March 8, 2016
RECO has issued a Request for Proposals (RFP) to lead to the selection of an organization or consortium to design, develop, administer and deliver a new Registration Education Program based on RECO’s requirements, defined/prescribed learning outcomes and education standards. The new program will launch on July 1, 2019. It will incorporate leading edge opportunities, practices, methodologies and technology. The changes to the structure and delivery of the program are intended to address the need for aspiring real estate professionals to be more practice-ready upon entry into the industry and in turn enhance consumer protection.
RECO has a new vision for registration education.
In December 2014, RECO presented a white paper outlining its proposed vision for the future of registration education for real estate professionals in Ontario. Strong registration education is essential to the health of the real estate profession and is vital to consumer protection.
RECO’s vision would reshape registration education so that aspiring registrants are better able to “hit the ground running” when they enter the real estate profession.
We invite you to learn more about our vision for registration education:
Here’s a summary of RECO’s vision:
Students would follow new learning paths, with a new curriculum that would aim to provide students with a more comprehensive understanding of the real estate transaction prior to entering the profession. Throughout the program, they would demonstrate and apply their knowledge through simulated, real-life scenarios that assess their progress. Also, before qualifying to apply for registration to enter the profession, aspiring registrants would have to pass an independent certification exam set by RECO.
To implement this vision, RECO would choose a firm to develop the new registration education curriculum and then select one or more providers to deliver it. The longer-term vision is to have multiple providers approved to deliver the program. Education providers would need to meet strict standards in order to ensure consistent and high quality delivery of the program.
Under the plan, graduates from selected post-secondary degree and diploma programs could qualify to write the certification exam and enter the profession directly. Post-secondary institutions would become important partners, by offering additional choice to students.
This is the latest step in the review of our education programs, which began in 2011. The review also led to the launch of a new Mandatory Continuing Education Program, which has been well-received by registrants. Our vision for registration education is the result of extensive stakeholder outreach and research by Benchmark Performance Inc. and Deloitte Inc. on behalf of RECO.
RECO has issued a Request for Information (RFI) to help RECO determine its next steps leading to the development and implementation of its vision for registration education.
VISION UPDATE Dec 3, 2015:
After review and analysis of white paper commentary and information received from the learning and development community during the RFI process, RECO has further refined the direction of the future Registration Education Program.
To minimize impacts to students and to facilitate a seamless transition, ensuring quality and consistency of the new program, RECO will initially limit the delivery of the new program to one provider, enabling RECO to achieve a steady state while we continue our oversight role of both the existing program and the transition to the new program. RECO will focus on establishing comprehensive education standards and excellence in the delivery of the new curriculum to students while we build the ideal model program future providers can emulate when the program may be opened to optional providers in phase 3 of the project.
RECO expects to issue a Request for Proposal (RFP) in Q1 2016 to enable us to select a Designate to provide services to design, develop and deliver a new Registration Education program. For more information about the RFP and services required, the Registrar has issued a memo with advance notice and information about the RFP.