Course 2: Facilitated Review Session (FRS)

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

Session 1

In this Facilitated Review Session, we will be addressing some of the more complex and often confusing concepts drawn from the following modules:

Module 1: Explaining Services Available to a Seller or a Buyer
Module 2: Documenting Relationships

We will focus on agency, inducements, and the holdover provision.

Session 2

In this Facilitated Review Session, we will be addressing some of the more complex and often confusing concepts drawn from the following modules:

Module 4: Factors Impacting Residential Real Estate Negotiations
Module 5: The Financial Aspects of the Buying and Selling Process and the Role of Third-Party Professionals

We will focus on material facts, closing adjustments, mortgage essentials, and GDS/TDS ratio calculations.

Session 3

In this Facilitated Review Session, we will be addressing some of the more complex and often confusing concepts drawn from the following modules:

Module 9: Preparing to Market a Residential Real Property
Module 10: How Property Conditions Impact Disclosure Requirements
Module 11: Property Value and Listing Considerations

We will focus on defects, stigmas, measurements, and the direct comparison approach.

Session 4

In this Facilitated Review Session, we will be addressing some of the more complex and often confusing concepts drawn from the following modules:

Module 12: Listing and Marketing Properties
Module 13: Showing Residential Properties and Advising on Properties of Interest

We will focus on listing information and verification, advertising, open houses, and mere postings.

Session 5

In this Facilitated Review Session, we will be addressing some of the more complex and often confusing concepts drawn from the following modules:

Module 14: The Offer Process and Regulatory Obligations
Module 15: Introducing a Residential Agreement of Purchase and Sale
Module 16: Completing a Residential Agreement of Purchase and Sale Including Terms for a Buyer or Seller

We will focus on the title search clause, balance due clause, acknowledgment, representation and warranty clauses, and the offer.

Session 6

In this Facilitated Review Session, we will be addressing some of the more complex and often confusing concepts drawn from the following module:

Module 17: Writing Conditions to be Included in an Agreement of Purchase and Sale

We will focus on precedent and subsequent conditions, true condition precedent, seller take back mortgages, and the postponement privilege.

Session 7

In this Facilitated Review Session, we will be addressing some of the more complex and often confusing concepts drawn from the following modules:

Module 18: Completing a Residential Agreement of Purchase and Sale, Countering an Offer, and Working with Competing Offers
Module 19: Additional Sale-Related Documents and Other Legal Obligations
Module 20: Completing Real Estate Transactions

We will focus on competing offers, counter offers, land transfer tax, and sale-related documents.