RETURN TO MAIN WEBSITE

Website Maintenance

We will be performing maintenance across the network this weekend starting Saturday, June 24 - 11pm until Sunday, June 25 - 7am.

All website services including My Portfolio will be intermittently affected during this time.

Changes to pre-registration education raise the bar for the profession


Important changes have been made to pre-registration education that will boost the knowledge of new entrants to the profession. RECO made these changes with support from OREA, the current education provider.

As of April 1, 2016, aspiring registrants will have to complete five courses before they can register to trade in real estate, instead of three. The two additional courses, including property law, were previously articling requirements. Including them in the pre-registration phase will help aspiring registrants hit the ground running when they enter the profession.

The change applies to those who have signed an enrolment contract and enrolled in the pre-registration program on or after April 1, 2016. Those who signed an enrolment contract and enrolled before that date will not be affected by the change unless they re-enrol in the program.

“Real estate is a demanding profession, so aspiring registrants and their clients will benefit from additional education before they start trading,” says RECO Registrar Joseph Richer. “We’re pleased to have worked with OREA to make this happen.”

“Improving education standards will help ensure that the salespersons of tomorrow are even more knowledgeable and capable right from the start,” says OREA CEO Ed Barisa. “As the long-standing RECO-designated provider of real estate education in Ontario, we look forward to implementing this change. And, as always, we will continue to work to improve the student experience at the OREA Real Estate College.”

Development of new registration education program ongoing

In addition, RECO and OREA have extended their education contract until December 31, 2020.

RECO has been engaging in a thorough review of registration education, and will launch a new program in 2019. The extension of the contract with OREA will allow for an 18-month transition period between the current and new programs.

Richer says: “During our comprehensive review of the current program, we heard time and again that new registrants needed to be more practice ready when they enter the profession. We worked with OREA to see what could be done now to move us closer to that objective, as we work to renovate the program for the long term. The best solution was for the courses to be moved from the articling phase to the pre-registration phase. Extending the contract with OREA gave us the opportunity to make this much-needed change right away and provide us the time to build the new structure. This was an important first step in the move to the new registration education program.”

You can learn more about the work on the new program here.

More info about additional courses

The Residential Real Estate Transaction and The Commercial Real Estate Transaction

Aspiring registrants will now be required to take both the commercial and residential courses prior to becoming registered.  Previously, they would take one before registration and the other during the articling phase. Our consultative review of the program showed wide-spread support for this change, ensuring that new registrants have understanding of both commercial and residential right from the start.

Real Property Law

The existing registration courses cover real estate law, while Real Property Law reinforces and expands on the concepts that students have learned.

New learning path

OREA has produced a learning path that illustrates the revised requirements.

Enrolled on or after April 1, 2016
  Pre-registration – five courses:
  • Real Estate as a Professional Career
  • Land, Structures and Real Estate Trading
  • The Real Estate Transaction – General + The Residential Real Estate Transaction
  • The Commercial Real Estate Transaction
  • Real Property Law

Articling – one course:
  • One elective

Students who started the program prior to April 1, 2016, will continue with that learning path. Find details of the path here.

To MP Survey

Reminder...


You have 5 more minutes to complete this transaction.





Your cart has expired.


Please re-select your items.