Vision for Registration Education
RECO selects provider for new registration education program
RECO’s work on a new registration education program (the New Program) has reached an important milestone. After a rigorous Request for Proposal (RFP) process, RECO has selected the consortium of Humber College Institute of Technology & Advanced Learning (Humber College) and NIIT Canada to design, develop, administer and deliver the New Program. Their innovative solution best met the requirements set out in the RFP.
This milestone follows a four-year process that included: extensive research and consultation with the profession, education providers and regulatory bodies; the distribution of a white paper on RECO’s vision for registration education; and an RFP that was broadly distributed and made publicly available on our website.
Strong registration education provides registrants with the fundamentals of trading in real estate. The New Program will enable aspiring registrants to be more practice-ready when they enter the profession and fulfil their duties and obligations in providing consistent high-quality service to consumers.
The New Program will provide many advantages, including:
- New learning paths that will follow the flow of a real estate transaction, providing students with a practical understanding of every aspect of a real estate trade. The new learning paths include course content, examinations and practical simulation sessions.
- New Program components that will be designed and developed to follow the new learning paths, using leading innovations in education methods and technologies.
- Leverage innovative technologies in the delivery of the New Program. In addition to eLearning and physical classrooms, students will also be able to choose virtual classrooms as a new option for course delivery. Students will experience new technologies integrated into their courses, such as augmented reality (computer based interactive learning) that emulates real-life activities of the salesperson. A new Knowledge Management System (KMS) will provide students of the New Program and registrants alike with an online databank for just-in-time reference and search functionality of all relevant materials, for example job aids, checklists, and guides.
- Practical in-person simulation sessions that will assess students’ application of the New Program content where they can practice elements of a transaction in a structured and interactive classroom environment, in preparation for providing compliant and high-quality service to consumers.
The New Program will begin accepting students in mid-2019. The existing program, delivered by OREA Real Estate College, will continue until the end of 2020, allowing students enrolled in the existing program to complete their courses.
About Humber College & NIIT Canada
Established in 1967, Humber College is one of Canada’s leading post-secondary institutions offering programs to over 29,200 full-time students and 23,000 continuing education students. Humber College partners with government, industry and community in the development and delivery of customized training programs, and government and industry credential testing programs, including: Ontario Building Code certification examinations, and programs for IHM Property Management and Condominium Management and Administration. From the 1980s through to 2000, Humber College was a delivery partner of the original Real Estate Education Program, delivering courses to over 18,000 students.
NIIT Learning Solutions (Canada) Limited is a subsidiary of NIIT Limited, a global leader in skills and talent development, established in 1981. NIIT Limited offers multi-disciplinary learning management and training delivery solutions to institutions, individuals, and corporations in over 40 countries. NIIT’s comprehensive suite of Managed Training Services includes custom curriculum design and content development, learning administration and delivery, strategic sourcing, learning technology, and advisory services. NIIT’s global customers include leading global energy and petrochemical companies headquartered in Europe; some of the largest multi-national banks, insurance, and financial services companies in North America; and market-leading global technology companies. The Learning and Performance Institute, UK has internationally accredited NIIT as a forward-thinking, reputable provider, committed to learner outcomes, performance development, and customer satisfaction.
To learn more about the New Program, check out our fact sheet.
RFP Status Jan. 2017
In March 2016, RECO took the next step in its vision for Registration Education by issuing a Request for Proposal (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 performance outcomes and education standards.
Since the RFP was issued, RECO has been engaged in a thorough and ongoing RFP process. On December 30, 2016, RFP Proponents were advised of an extension to the RFP timeline and RECO anticipates that the RFP process will conclude no later than March 31, 2017.
To ensure the integrity and fairness of this procurement process, the Proponents have all entered into a legally binding confidentiality agreement that precludes the sharing of any information related to the RFP. RECO also intends to maintain the confidentiality of the process. Once the RFP concludes, RECO will provide an update with the outcome of the RFP.
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.