Holiday Closure

The OREA office will close for the holidays at 12 p.m. Tuesday, December 24th.  Normal business hours will resume on Thursday, January 2nd.  Happy Holidays!

Holiday Closure

The OREA office will close for the holidays at 12 p.m. Tuesday, December 24th.  Normal business hours will resume on Thursday, January 2nd.  Happy Holidays!

September 8th - 2008

OREA signs Educational Services Agreement with RECO

The Real Estate Council of Ontario has selected the Ontario Real Estate Association as its designate to provide enhanced registration education under a five year agreement signed on July 31, 2008.

The Real Estate Council of Ontario has selected the Ontario Real Estate Association as its designate to provide enhanced registration education under a five year agreement signed on July 31, 2008.
 
Under the agreement OREA will provide pre-registration, articling and broker education under the overall direction of the Registrar. OREA will deliver courses at OREA facilities and will develop administration policies, propose and develop new courses and provide a forum for students to request information about enrolment, examination and instructor review.
 
Course structure changes
What will look a little different to the students is the pre-registration course structure.
 
Phases will be renamed. Students will enroll in Course 1 outlining Real Estate as a Professional Career, Course 2 discussing Land, Structures and Real Estate Trading and Course 3 General component related to real estate transactions. They must also complete either the Course 3 Residential or Course 3 Commercial component, which will get more specific about the real estate transaction in each of those areas.
 
During articling, students will still be required to complete Real Property Law, one additional elective and the remaining Course 3 (Residential or Commercial) component.
 
While the agreement came into effect at the end of July, these course changes will only come into effect on April 1, 2009.
 
No more encyclopedia
The course material will also look a little different. The Registrar requires that each course have its own textbook. The comprehensive encyclopedia and provincial reference manual will be phased out. Other changes include:

  • Less class time in pre-registration courses
  • Multiple choice examinations based on pre-defined levels of difficulty
  • All exams to be held at College test centres.

The course examinations will still be closed book.
 
The changes in the course structure are at no cost to the members.
 
Same exam, different questions
Along with restructured courses and textbooks, the exams for registration courses will change. With the new automated exam administration system all registration exams will be multiple-choice, and students will have their marks within days.
 
Each student will write a different exam. So for example, in Course 1, your exam may not include the same questions as the student sitting beside you in the exam room, and they definitely won’t be in the same order. The questions for each exam will be randomly generated.
 
Each student will have his own booklet with a separate code. The sheet that students use to block in answers will have a space for the code, to match the exam response sheet to the right sequence of questions. This system will make it impossible for students to cheat off the exam sheet of the student next to them.
 
The system also gives OREA feedback, by generating a sheet showing areas where the student needs more study. The system also can give OREA statistics. “If many students are getting the same wrong answer, we can review the question or course material,” said Ozzie Logozzo, Executive Director, OREA Real Estate College. “The system helps us to understand what the students understand, and helps us to give feedback to the students.”

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Ontario Real Estate Association

Jean-Adrien Delicano

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JeanAdrienD@orea.com

416-445-9910 ext. 246

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