May 24th - 2017

College to stop delivery of real estate education

The OREA Real Estate College will no longer offer educational courses for real estate professionals in the province after December 31, 2020.

College to stop delivery of real estate education - college classroom

The OREA Real Estate College will no longer offer educational courses for real estate professionals in the province after December 31, 2020.

College to stop delivery of real estate educationThe OREA Real Estate College will no longer offer educational courses for real estate professionals in the province after December 31, 2020, the college announced on March 31.

The industry’s regulator, the Real Estate Council of Ontario (RECO), selected another organization to deliver its new Registration Education Program, following its 2016 request for proposals process. On April 4, RECO announced that it had chosen a consortium of Humber College and NIIT Canada to design and deliver the new program.

Ettore Cardarelli, president of OREA, said “We wish the new provider of real estate education success in its delivery of the new program. We are committed to working closely with RECO, Humber College and NIIT Canada in the transition through to the end of 2020. A strong working relationship will benefit both REALTOR® education and the consumers who will work with these professionals.”

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“The college has demonstrated an unwavering commitment to developing skilled and competent registrants, which has helped instill increased public confidence in the profession and its practitioners,” said Cardarelli. “Given that OREA has been the provider of real estate education in Ontario for more than 60 years, RECO’s decision did not come without significant disappointment. However, we are extremely proud of our accomplishments over the last 60 years, and we welcome the opportunity for OREA to refocus and strengthen its core member services.”

Over the years, the college has garnered many awards, including the Education Excellence Award from the Association of Real Estate Licensing Law Officials, the 2015 LERN International Award for Excellence in Programming, and the 2015 Education Program of the Year Award from the Real Estate Educators Association. The college has made education accessible province-wide through multiple delivery channels, while ensuring that a consistent standard of education is delivered to all students.

“In light of this change, we want to assure our members that our mission to help Realtors succeed grows ever stronger,” said Tim Hudak, CEO of OREA. “The association continues to forge ahead with renewed energy and focus, and a reinvigorated outlook on an exciting future for OREA. While OREA’s role in real estate education may be changing, our efforts to consistently raise and uphold the high standards of education we helped set will remain unchanged.”

At OREA’s annual general meeting in March, more than 300 Realtors from across the province gathered to learn about the association’s fresh direction. “We are committed to building a ‘new’ OREA with increased effort and focus directed towards our key member services – our government relations, our standard forms and our leadership training,” said Cardarelli. “We’re working hard to become the most effective professional association in the province delivering high impact advocacy on behalf of Realtors and quality services that our members need and want.”

The OREA Real Estate College will continue to provide real estate education through the remaining term of the Educational Services Agreement until December 31, 2020. Students enrolled in the existing program will be allowed to complete their courses until that date.

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For more information contact

Ontario Real Estate Association

Jean-Adrien Delicano

Senior Manager, Media Relations

JeanAdrienD@orea.com

416-445-9910 ext. 246

Ontario Real Estate Association
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