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 support aspiring registrants in becoming practice-ready from day one when they enter the profession. Humber will begin accepting applications for the program in July 2019 and courses will begin in September 16, 2019.
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.
When can I register for the new Real Estate Salesperson Program?
Humber has begun accepting applications for the program and courses will begin in September 16, 2019.
How do I apply?
Learners will need to complete an application on Humber’s Real Estate Programs website. 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?
The course calendar is available on the Humber College website.
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. Check out the full learning path for more info.
How long will it take to complete the Real Estate Salesperson Program?
The length of time it will take to complete the pre-registration phase of the Real Estate Salesperson program will be, in many ways, directed by the learner. eLearning courses are self-paced, and learners will select the optional in-class facilitated review sessions and mandatory examinations and simulation sessions from scheduled sessions that best meet their needs. We are still assessing the average completion times, however we anticipate that the shortest path to program completion, for a learner who does not choose any optional components, will be at least 6 months.
What is the knowledge management system?
The knowledge management system (KMS) is a free support tool that will help raise the bar and enhance professional standards in order to provide better service for clients. Offering quick tips, checklists, job aids and guidance (for example a checklist of what could be included in a listing package) to use in the field, the KMS is an invaluable feature for learners and registrants alike. Learners and all registrants will have access to the KMS as long as they are registered with RECO. The goal of the KMS is to help enable success for the long-term.
What are the simulation sessions?
The new program will feature practical simulation sessions enabling learners to apply their knowledge to real-life scenarios. In a structured and interactive classroom environment requiring mandatory attendance, learners will receive coaching and support from facilitators who are expert industry professionals. Responding to an industry ask to gain realistic, real-world experience, build confidence and prepare to enter the profession, the simulations were developed with input from experienced brokers and salespeople and experts in learning and development. The two week-long pre-registration simulation sessions (one residential and one commercial) will be available full-time days or part-time evenings/weekends. A two-day simulation during the post-registration program will also be required.
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.
Below is the list of confirmed locations as of August 23rd, 2019. For the most current list of locations please visit the Humber College website.
Carrier Drive Campus – Toronto
George Brown College
St. James Campus – Toronto
Casa Loma Campus – Toronto
Waterfront Campus – Toronto
Dryden Campus – Dryden
Greenstone Campus – Geraldton
Lake of the Woods Campus – Kenora
Northshore Campus – Marathon
Rainy River District Campus – Fort Frances
Red Lake Campus
Sault Ste. Marie
The facilitated review sessions will also be available through virtual classrooms, allowing learners from across the province to connect online. Humber is committed to having options available to meet the needs of learners across the province.
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?
Pricing is available at the Humber College website.
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.
I’ve heard that I require insurance before I can begin trading. How do I go about getting insurance? How much does it cost? Why do I need insurance?
Participation in the professional liability insurance program is the final step in completing an application to be registered with RECO. Insurance for the full year of the policy period running September 1, 2019 to August 31, 2020 is $465. However, as a new registrant, the amount you will need to pay will vary depending on how many days are left in the insurance policy period when you become registered.
After RECO has reviewed your application for registration, you will receive an email to let you know that your application has been reviewed, and that you must pay the outstanding insurance amount to finalize your registration. You can then create an account on RECO’s MyWeb online portal in order to pay for your insurance.
Once you have made the insurance payment, you will become registered.
All real estate salespersons and brokers in Ontario must participate in the professional liability insurance program administered by RECO. RECO’s insurance program provides essential protection for you and your clients and customers through its errors and omissions insurance, consumer deposit insurance, and commission protection insurance. You can learn more about the insurance program on RECO’s website.
What is the process for registering with RECO so I can begin trading? When do I start the process? What paperwork do I need? How much does it cost to become registered with RECO?
Before you register with RECO, you’ll need to obtain employment from a registered real estate brokerage, as well as a Canada-wide criminal record check. You can then submit an Application for New Salesperson along with the $590 registration fee. Once RECO has reviewed your application they will invoice you for your professional liability insurance. Insurance for the full year of the policy period running September 1, 2019 to August 31, 2020 costs $465. However, as a new registrant, the amount you will need to pay will vary, depending on how many days are left in the insurance policy period.
For more information, see RECO’s website.
Why is there a gap in the time between the end of OREA’s registration and the beginning of the registration for the new Humber program?
To avoid confusion about the paths available to become registered, it is important to have a break between the close of registration for the OREA Real Estate College program and the opening of registration for the Humber College program.
For those who wish to get started sooner, the OREA Real Estate College will continue to accept registration for the Salesperson Registration Education program until the end of April 2019, but those who begin the program with OREA must complete it with OREA by November 28, 2020
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.
When will the new broker program launch?
The OREA College will continue to accept enrollments for the Broker Registration Education Program until the end of May 2020 and learners will have until November 28, 2020 to complete the program. More information about the Real Estate Broker Program at Humber College 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?
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 Humber’s Real Estate Programs website as it becomes available. Please check back often. For additional questions, please email firstname.lastname@example.org or call 416-675-5025.