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.