March 5th - 2013

RECO announces changes to mandatory continuing education

The Real Estate Council of Ontario (RECO) recently announced changes to the way that mandatory continuing education is delivered to real estate registrants in the province, effective Aug. 1.

The Real Estate Council of Ontario (RECO) recently announced changes to the way that mandatory continuing education is delivered to real estate registrants in the province, effective Aug. 1.

As of that day, the structure will change to an update course that is offered exclusively online and administered directly by RECO. The new program will replace the existing RECO Update Courses and credit system offered by the Ontario Real Estate Association (OREA). It will focus solely on regulatory compliance, legislative changes and industry issues.

RECO’s new program will run parallel to the current program offered by OREA for two years, beginning Aug. 1, 2013 through July 31, 2015. This means OREA will continue providing CE courses throughout the transition.

The new mandatory programming will complement all additional programming offered by OREA and by real estate boards in classrooms across the province. RECO will offer an update course plus two electives required for each two-year cycle, at a cost of $44 per cycle. Registrants across the province can take these online courses anywhere at any time, and they will have consistent, equal access to course content.

During the two-year transition period, RECO will continue to recognize continuing education courses offered as part of OREA’s current continuing education program. The transition phase allows registrants to choose between the current OREA program and RECO’s new program.

After the transition, OREA will continue to offer professional development opportunities. These will not be part of the renewal process. The association will provide educational and learning opportunities relevant to REALTORS®, giving them the skills and abilities to keep them on the cutting edge in their work. These learning opportunities will give members the market knowledge, real-world tools and updates on current issues that they need to conduct their day-to-day business with the highest standards of professionalism.

According to Ron Abraham, president of the Ontario Real Estate Association, “These changes provide OREA and real estate boards with an opportunity to offer members the education they want and need, on the learning platform of their choice, in addition to courses required to fulfill regulatory requirements.”

For more details, see the RECO website

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For more information contact

Ontario Real Estate Association

Jean-Adrien Delicano

Manager, Media Relations

JeanAdrienD@orea.com

416-445-9910 ext. 246