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What is required for Toronto Realestate education?

What is required for Toronto Realestate education? Many people in Toronto purchase properties for personal or business use.  There is also a segment of property buyers that prefers to invest in property to earn through capital gain or regular rental income.  It is the real estate agents or salespeople who help buyers and sellers in successful closing of property deals.  A career in real estate industry can be very rewarding for someone who has good research and analytical skills and knows the art of building good rapport with clients.  If you aspire to be a licensed salesperson in Toronto, you also need to complete a professional course and be qualified to deal with different aspects of this field.  To be registered as a salesperson with the Real Estate Council of Ontario and ‘trade’ in real estate in Toronto or anywhere in Ontario, you must: Be a resident of Canada Be at least 18 years of age Complete the pre-registration courses Obtain employment with a registered brokerage and apply for registration within 12 months of successfully completing the last pre-registration segment course Complete and submit the forms approved by the Registrar under Real Estate and Business Brokers Act (REBBA) 2002 accompanied by the relevant fee.  Start your journey towards becoming a real estate salesperson. The Pre-Registration Phase is your first step towards becoming a real estate salesperson in Ontario. You must complete this first phase of the Real Estate Salesperson Program before applying for registration with RECO. This phase comprises of 5 courses, 4 exams and 2 simulation sessions which must be completed sequentially as shown below. You will have a maximum of 24 months to complete pre-registration. OREA College Humber College No elective completed Post-Registration Phase (3 courses) Real Property Law Course 1: Real Estate Essentials Exam 1: Invigilated Exam The Residential Real Estate Transaction Course 2: Residential Real Estate Transactions Exam 2: Invigilated Exam The Commercial Real Estate Transaction Course 4: Commercial Real Estate Transactions Exam 4: Invigilated Exam   1 Real Estate Essentials 2 Residential Real Estate Transactions 3 Additional Residential Real Estate Transactions Simulation Session #1: Residential Real Estate Transactions (35.5 hours) 4 Commercial Real Estate Transactions Simulation Session #2: Commercial Real Estate Transactions (28 hours) 5 Getting Started *It is important to note that prior to registering in any given Course, Exam, or Simulation Session, learners must successfully complete the corresponding pre-requisite. For example, prior to registering in Exam 1, a learner must successfully complete Course 1. Similarly, prior to registering in Course 2, a learner must successfully pass Exam 1; and so on. Course Electives (Select any 2 of the 5 following electives) Working in Real Estate: Rural, Recreational, Waterfront Properties - eLearning Working in Real Estate: Ownership Alternatives and Complexities - eLearning Real Estate as an Investment Strategy: Residential Properties - eLearning Real Estate as an Investment Strategy: Commercial Properties - Fundamentals - eLearning Real Estate as an Investment Strategy: Commercial Properties - Advanced - eLearning A salesperson in Toronto can also achieve 'Real Estate Broker registration by successfully completing an additional elective followed by the Real Estate Broker Course.  Many real estate agents pursue Broker qualification without becoming Broker/Owners.  Instead, these individuals remain with their respective employing brokerages and are legally recognized as Brokers but not necessarily as a Broker of Record.  Brokerages have three ownership options – Sole Proprietorship, Partnership or Corporation.  The ultimate choice basically rests on individual circumstances including tax considerations and personal goals.  Brokerages may also have branch offices which are regulated under provisions of the Real Estate and Business Brokers Act 2002.  To apply for broker registration you should have a work experience of at least 2 years as a real estate agent / salesperson.  Real estate brokers in Toronto handle high value deals for their clients and reap good commissions.  As a career real estate can indeed be very rewarding for those who develop an interest in the industry and start comprehending its intricacies.  For more information on real estate courses, visit: What is required for Toronto Realestate education The main educator for the real estate program in Ontario is Humber College.  Real estate is a very challenging and rewarding career. You can pursue education toward that goal with the current education provider, Humber College. For information about the entire process of becoming a salesperson or broker, please continue reading and find more details at the The Real Estate Council of Ontario (RECO) website.You may read more about how to become a real estate agent

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