Pre-Registration Phase

Exam 1

Invigilated Theory Exam

OVERVIEW

This will be a two-hour invigilated theory exam covering content from Course 1.

EXAM DETAILS

• Exams are only available for registration up to 7 days prior to an exam date
• All exams are delivered in an online format at a qualified Testing Centre or by a program approved virtual proctoring service
• Learners must achieve a minimum score of 75
• Exam questions will be (4) four-option multiple choice with a single correct response
• Exam 1 consists of 75 questions

PREREQUISITE

• Course 1: Real Estate Essentials - eLearning

IMPORTANT INFORMATION ON SCHEDULING

We monitor learner demand daily and add seats in keeping with resource and timeline considerations. Scheduling decisions involve, for example, advanced planning for proctors to monitor exams. A gentle reminder that once sections are full, they do not appear on the registration system.

In keeping with the process described above, it is important to note that new sections for exams will open continuously, always complying with resource and timeline considerations. If learners notice a new section has opened, they may opt to transfer from an existing section registration to a newly opened section. However, please note that a $50 administration fee does apply to all transfers. For more information please visit the Examination Policy and the Fees, Payments & Refunds Policy.

We hope that the above scheduling insights will help build understanding that there may be ‘buffer’ time required between program elements while keeping in mind the pre-requisite structure. Please see the Real Estate Salesperson Learning Path for more information about program progression.

Course 2

Residential Real Estate Transactions - eLearning

OVERVIEW

Following the flow of the real estate transaction, this course details the requirements and processes for listing, selling, and completing residential real estate transactions. Modules explore a variety of topics, including: seller and buyer services; residential dwellings and attributes; advertising and marketing; and the agreement of purchase and sale.

PREREQUISITE

• Exam 1: Invigilated Theory Exam

MODULES

This course will cover the contents of the following modules:

1. Explaining Services Available to a Seller or a Buyer
2. Documenting Relationships
3. Understanding Residential Property Types, Ownership, and Planning
4. Factors Impacting Residential Real Estate Negotiations
5. The Financial Aspects of the Buying and Selling Process and the Role of Third-Party Professionals
6. Understanding Residential Construction – Structural Components
7. Understanding Residential Construction – Mechanical Systems
8. Understanding Residential Construction – Internal & External Finishes
9. Preparing to Market a Residential Real Property
10. How Property Conditions Impact Disclosure Requirements
11. Property Value and Listing Price Considerations
12. Listing and Marketing Properties
13. Showing Residential Properties and Advising on Properties of Interest
14. The Offer Process and Regulatory Obligations
15. Introducing a Residential Agreement of Purchase and Sale
16. Completing a Residential Agreement of Purchase and Sale Including Terms for a Buyer or Seller
17. Writing Conditions to be Included in an Agreement of Purchase and Sale
18. Completing a Residential Agreement of Purchase and Sale, Countering an Offer, and Working with Competing Offers
19. Additional Sale-Related Documents and Other Legal Obligations
20. Completing Real Estate Transactions

Course 2: Facilitated Review Sessions (FRS) - Optional

Residential Real Estate Transactions

OVERVIEW

In Course 2 Facilitated Review Sessions (FRS), learners, under the guidance of a program facilitator, will spend 21-hours covering complex topics from Course 2 eLearning modules. The Course 2 FRS will provide enhanced learning opportunities beyond the e-learning material to support learner success. Learners will apply knowledge and skills gained from the eLearning portion of the program and engage in enhanced discussions relating to Residential Real Estate Transactions.

Topics include, but are not limited to, agency, making closing adjustments, mortgage essentials, using the direct comparison approach, advertising your listings, typical clauses and conditions used in a Residential Agreement of Purchase and Sale, and dealing with competing and counteroffers.

FRS is an excellent opportunity for those seeking additional program facilitator support and is available as a non-mandatory component to Course 2.

PREREQUISITE

• Course 2: Residential Real Estate Transactions - eLearning

 

Exam 2

Invigilated Theory Exam

OVERVIEW

This will be a three-hour invigilated theory exam covering content from Course 2.

EXAM DETAILS

• Exams are only available for registration up to 7 days prior to an exam date
• All exams are delivered in an online format at a qualified Testing Centre or by a program approved virtual proctoring service
• Learners must achieve a minimum score of 75
• Exam questions will be (4) four-option multiple choice with a single correct response
• Exam 2 consists of 115 questions

PREREQUISITE

• Course 2: Residential Real Estate Transactions - eLearning

IMPORTANT INFORMATION ON SCHEDULING

We monitor learner demand daily and add seats in keeping with resource and timeline considerations. Scheduling decisions involve, for example, advanced planning for proctors to monitor exams. A gentle reminder that once sections are full, they do not appear on the registration system.

In keeping with the process described above, it is important to note that new sections for exams will open continuously, always complying with resource and timeline considerations. If learners notice a new section has opened, they may opt to transfer from an existing section registration to a newly opened section. However, please note that a $50 administration fee does apply to all transfers. For more information please visit the Examination Policy and the Fees, Payments & Refunds Policy.

We hope that the above scheduling insights will help build understanding that there may be ‘buffer’ time required between program elements while keeping in mind the pre-requisite structure. Please see the Real Estate Salesperson Learning Path for more information about program progression.

Course 3

Additional Residential Real Estate Transactions - eLearning

OVERVIEW

This course expands on the content presented in the Residential Real Estate Transactions course, exploring how key concepts are applied in other types of residential transactions, including: condominiums; new construction; rural properties; residential multi-family dwellings; and residential leasing.

PREREQUISITE

• Exam 2: Invigilated Theory Exam

MODULES

This course will cover the contents of the following modules:

1. Introducing Residential Condominiums
2. Preparing to Sell Residential Condominiums
3. Completing Agreements of Purchase and Sale for Residential Condominiums
4. Transactions Involving New Construction
5. Transactions Involving Rural Properties
6. Transactions Involving Residential Multi-Unit Dwellings
7. Preparing to Lease Residential Real Properties
8. Preparing to Lease Residential Condominiums
9. Completing Agreements to Lease for Residential Tenancies

Course 3: Facilitated Review Sessions (FRS) - Optional

Additional Residential Real Estate Transactions

OVERVIEW

In Course 3 Facilitated Review Sessions (FRS), learners, under the guidance of a program facilitator, will spend 9-hours covering complex topics from Course 3 eLearning modules. The Course 3 FRS will provide enhanced learning opportunities beyond the e-learning material to support learner success. Learners will apply knowledge and skills gained from the eLearning portion of the program and engage in enhanced discussions relating to other types of Residential Real Estate Transactions.

Topics include, but are not limited to, Agreement of Purchase and Sale for a resale condominium, or for a parcel of tied land (POTL) common elements condominium, drafting clauses for an Agreement of Purchase and Sale for rural properties or for multi-family dwellings.

FRS is an excellent opportunity for those seeking additional program facilitator support and is available as a non-mandatory component to Course 3.

PREREQUISITE

• Course 3: Additional Residential Real Estate Transactions - eLearning

FACILITATED REVIEW SESSIONS (Optional)

 

Exam 3

Invigilated Theory Exam

OVERVIEW

This will be a three-hour invigilated theory exam covering content from Course 3.

EXAM DETAILS

• Exams are only available for registration up to 7 days prior to an exam date
• All exams are delivered in an online format at a qualified Testing Centre or by a program approved virtual proctoring service
• Learners must achieve a minimum score of 75
• Exam questions will be (4) four-option multiple choice with a single correct response
• Exam 3 consists of 115 questions

PREREQUISITE

• Course 3: Additional Residential Real Estate Transactions - eLearning

IMPORTANT INFORMATION ON SCHEDULING

We monitor learner demand daily and add seats in keeping with resource and timeline considerations. Scheduling decisions involve, for example, advanced planning for proctors to monitor exams. A gentle reminder that once sections are full, they do not appear on the registration system.

In keeping with the process described above, it is important to note that new sections for exams will open continuously, always complying with resource and timeline considerations. If learners notice a new section has opened, they may opt to transfer from an existing section registration to a newly opened section. However, please note that a $50 administration fee does apply to all transfers. For more information please visit the Examination Policy and the Fees, Payments & Refunds Policy.

We hope that the above scheduling insights will help build understanding that there may be ‘buffer’ time required between program elements while keeping in mind the pre-requisite structure. Please see the Real Estate Salesperson Learning Path for more information about program progression.

Simulation Session 1

Residential Real Estate Transactions

OVERVIEW

In this simulation session, learners will spend 5 days practicing core activities and tasks related to residential real estate transactions with an experienced real estate professional acting as a coach. The simulation and related assessments will work through all stages of a typical transaction and will cover various property types (for example, single-family homes and condominiums).

The experience will let learners apply knowledge and skills gained from the eLearning portion of the program in realistic simulated interactions.

SIMULATION SESSIONS

Simulation sessions enable 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.

PREREQUISITE

• Exam 3: Invigilated Theory Exam

ATTENDANCE

Facilitated sessions are mandatory, and learners are expected to attend on all days and to arrive on time. Attendance that falls below 80% will result in a failing grade of incomplete and require you to re-book the entire facilitated session and pay the corresponding fees. For more details about attendance requirements, learners can refer to the Facilitated Session Policy and Fees, Payments & Refunds Policy.

LEARNER RESOURCES

To help you prepare for the Simulation Session, you must read the following before attending the first day of session:

• Simulation Orientation document, made available to you upon registration, located on the “References” tab in the Learning Management System (LMS)
• Learner Resources — Simulation Session 1

ASSESSMENTS AND REMEDIATION

Simulation Session 1 includes a mandatory assessment. You must achieve a minimum passing score of 75 across all questions of the assessment to pass the Simulation Session. Assessment time is included in approximately 35 hours.

If you are unsuccessful in the Simulation Session assessments, you must participate in a remediation day. Registration into an available remediation day session is required and a separate fee applies.

IMPORTANT INFORMATION ON SCHEDULING

We monitor learner demand daily and add sessions in keeping with resource and timeline considerations. Scheduling decisions involve, for example, the advanced planning for the real estate professionals who have been carefully selected as your facilitators. In addition, the complexity around the variability of learner progression means that you may need to wait for both Exams and Simulation Sessions. A gentle reminder that once sections and waitlist(s) are full, they do not appear on the registration system.

In keeping with the process described above, it is important to note that new sections for Simulation Session will open on a continuous basis, always complying with resource and timeline considerations. If learners notice a new section has opened, they may opt to transfer from an existing section registration to a newly opened section. However, please note that a $50 administration fee does apply to all transfers. For more information please visit the Facilitated Session Policy and the Fees, Payments & Refunds Policy.

Please also note that the program pre-requisite structure adheres to the requirements indicated by our regulatory body, and it is Humber’s responsibility to ensure compliance. Prior to registering in any given Course, Exam, or Simulation Session, learners must successfully complete the corresponding pre-requisite. For example, before registering in Exam 1, a learner must successfully complete Course 1. Similarly, before registering in Course 2, a learner must pass Exam 1; and so on.

We hope that the above scheduling insights will help build understanding that there may be ‘buffer’ time required between program elements while keeping in mind the pre-requisite structure. Please see the Real Estate Salesperson Program Path for more information about program progression.

Simulation Session 1

Remediation Day

OVERVIEW

If you are unsuccessful in the Simulation Session assessments, you must participate in a remediation day. Registration into an available remediation day session is required and a separate fee applies. The remediation day is eight hours and comprises two parts and breaks throughout the day. The remediation day session will start with a review session. After the review session, you will re-take the assessment. You must achieve a minimum passing score of 75 in order to pass the Simulation Session.

SIMULATION SESSIONS

Simulation sessions enable 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.

PREREQUISITE

• Simulation Session 1: Residential Real Estate Transactions

Course 4

Commercial Real Estate Transactions - eLearning

OVERVIEW

This course introduces learners to the unique requirements and processes for listing, selling and leasing various types of commercial properties—including office, retail, industrial and agricultural properties—as well as brokering the sale of businesses. Modules explore a variety of topics, including: commercial construction; requirements for different types of commercial transactions; and, how to prepare contractual agreements.

PREREQUISITE

• Simulation 1: Residential Real Estate Transactions

MODULES

This course will cover the contents of the following modules:

1. Introducing Commercial Real Estate
2. Understanding Commercial Construction
3. Identifying Requirements for Office and Retail Properties
4. Preparing to Sell Office and Retail Properties
5. Preparing to Sell Commercial Condominiums
6. Identifying Requirements for Industrial Properties
7. Preparing to Sell Industrial Properties
8. Showing Office, Retail or Industrial Properties and Advising on Properties of Interest
9. Completing Agreements of Purchase and Sale for Office and Retail Properties
10. Completing Agreements of Purchase and Sale for Commercial Condominiums
11. Completing Agreements of Purchase and Sale for Industrial Properties
12. Preparing to Lease Office, Retail and Industrial Properties
13. Transactions Involving Commercial Leasing
14. Transactions Involving Development Land and Farms
15. Transactions Involving Brokering the Sale of a Business

Course 4: Facilitated Review Sessions (FRS) - Optional

Commercial Real Estate Transactions

OVERVIEW

In Course 4 Facilitated Review Sessions (FRS), learners, under the guidance of a program facilitator, will spend 12-hours covering complex topics from Course 4 eLearning modules. The Course 4 FRS will provide enhanced learning opportunities beyond the e-learning material to support learner success. Learners will apply knowledge and skills gained from the eLearning portion of the program and engage in enhanced discussions relating to Commercial Real Estate Transactions.

Topics include, but are not limited to, capital cost allowance, retail restrictions and zoning restrictions, and farmland leasing and quotas.

FRS is an excellent opportunity for those seeking additional program facilitator support and is available as a non-mandatory component to Course 4.

PREREQUISITE

• Course 4: Commercial Real Estate Transactions - eLearning

Exam 4

Invigilated Theory Exam

OVERVIEW

This will be a three-hour invigilated theory exam covering content from Course 4.

EXAM DETAILS

• Exams are only available for registration up to 7 days prior to an exam date
• All exams are delivered in an online format at a qualified Testing Centre or by a program approved virtual proctoring service
• Learners must achieve a minimum score of 75
• Exam questions will be (4) four-option multiple choice with a single correct response
• Exam 4 consists of 115 questions

PREREQUISITE

• Course 4: Commercial Real Estate Transactions - eLearning

IMPORTANT INFORMATION ON SCHEDULING

We monitor learner demand daily and add seats in keeping with resource and timeline considerations. Scheduling decisions involve, for example, advanced planning for proctors to monitor exams. A gentle reminder that once sections are full, they do not appear on the registration system.

In keeping with the process described above, it is important to note that new sections for exams will open continuously, always complying with resource and timeline considerations. If learners notice a new section has opened, they may opt to transfer from an existing section registration to a newly opened section. However, please note that a $50 administration fee does apply to all transfers. For more information please visit the Examination Policy and the Fees, Payments & Refunds Policy.

We hope that the above scheduling insights will help build understanding that there may be ‘buffer’ time required between program elements while keeping in mind the pre-requisite structure. Please see the Real Estate Salesperson Learning Path for more information about program progression.

Simulation Session 2

Commercial Real Estate Transactions

OVERVIEW

In this simulation session, learners will spend 4 days practicing key aspects of commercial real estate transactions with an experienced real estate professional acting as a coach. The simulation and related assessments will work through all stages of a typical commercial transaction and will cover various property types (for example, industrial, retail/office, commercial condominiums). This simulation will focus on parts of the commercial transaction that are different from what is done in a residential context.

SIMULATION SESSIONS

Simulation sessions enable 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.

PREREQUISITE

• Exam 4: Invigilated Theory Exam

ATTENDANCE

Facilitated sessions are mandatory, and learners are expected to attend on all days and to arrive on time. Attendance that falls below 80% will result in a failing grade of incomplete and require you to re-book the entire facilitated session and pay the corresponding fees. For more details about attendance requirements, learners can refer to the Facilitated Session Policy and Fees, Payments & Refunds Policy.

LEARNER RESOURCES

To help you prepare for the Simulation Session, you must read the Learner Resources — Simulation Session 2 before attending the first day of session.

ASSESSMENTS AND REMEDIATION

Simulation Session 2 includes a mandatory assessment. You must achieve a minimum passing score of 75 across all questions of the assessment to pass the Simulation Session. Assessment time is included in approximately 35 hours.

If you are unsuccessful in the Simulation Session assessments, you must participate in a remediation day. Registration into an available remediation day session is required and a separate fee applies.

IMPORTANT INFORMATION ON SCHEDULING

We monitor learner demand daily and add sessions in keeping with resource and timeline considerations. Scheduling decisions involve, for example, the advanced planning for the real estate professionals who have been carefully selected as your facilitators. In addition, the complexity around the variability of learner progression means that you may need to wait for both Exams and Simulation Sessions. A gentle reminder that once sections and waitlist(s) are full, they do not appear on the registration system.

In keeping with the process described above, it is important to note that new sections for Simulation Session will open on a continuous basis, always complying with resource and timeline considerations. If learners notice a new section has opened, they may opt to transfer from an existing section registration to a newly opened section. However, please note that a $50 administration fee does apply to all transfers. For more information please visit the Facilitated Session Policy and the Fees, Payments & Refunds Policy.

Please also note that the program pre-requisite structure adheres to the requirements indicated by our regulatory body, and it is Humber’s responsibility to ensure compliance. Prior to registering in any given Course, Exam, or Simulation Session, learners must successfully complete the corresponding pre-requisite. For example, before registering in Exam 1, a learner must successfully complete Course 1. Similarly, before registering in Course 2, a learner must pass Exam 1; and so on.

We hope that the above scheduling insights will help build understanding that there may be ‘buffer’ time required between program elements while keeping in mind the pre-requisite structure. Please see the Real Estate Salesperson Program Path for more information about program progression.

Simulation Session 2

Remediation Day

OVERVIEW

If you are unsuccessful in the Simulation Session assessments, you must participate in a remediation day. Registration into an available remediation day session is required and a separate fee applies. The remediation day is 6.5 hours and comprises two parts and breaks throughout the day. The remediation day session will start with a review session. After the review session, you will re-take the assessment. You must achieve a minimum passing score of 75 in order to pass the Simulation Session.

SIMULATION SESSIONS

Simulation sessions enable 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.

PREREQUISITE

• Simulation Session 2: Commercial Real Estate Transactions

Course 5

Getting Started - eLearning

OVERVIEW

This course guides learners on how to launch their careers, with a focus on topics, including how to obtain and maintain registration and insurance, and strategies for how to select a brokerage for employment.

Additionally, in this course, learners are provided a comprehensive overview of the Trust in Real Estate Services Act 2002 (TRESA) Phase 2 legislative reforms and a focus on how the changes will impact the day-to-day activities of real estate agents and their interactions with consumers.

PREREQUISITE

• Simulation 2: Commercial Real Estate Transactions

MODULES

This course will cover the contents of the following modules:

1. Obtaining and Maintaining Your Registration and Insurance
2. Exploring Areas of Focus and Choosing a Brokerage
3. Introduction to TRESA
4. Relationships when trading in real estate
5. Representation
6. Content of representation agreements
7. RECO Information Guide and Information and Disclosure to Self-represented Party form
8. Disclosures, consents, and acknowledgements
9. Competing offers
10. Protection of property
11. Professional conduct
12. Course Summary