An Education that never ends

 

The real estate business, like many others, is one that is constantly changing, evolving and

reinventing itself. So as you can imagine, there is a pressing need for those who work in this

business to continually educate themselves about new ideas, developments and issues. In fact, in

Ontario, every person who is registered to trade in real estate is required by the Real Estate

Council of Ontario (RECO) to attend continuing education courses in order to renew their

registration.

Every two years, registrants (which is what RECO calls persons registered to trade in real estate)

must complete 24 credits worth of mandatory, approved continuing education courses. The

number of credits offered for each course ranges from 1 to 20, and usually corresponds to the

number of hours required to complete the course.

Six of those 24 credits must be earned by completing the RECO Update, a six-hour course that

brings registrants up to date with all the latest legislative and regulatory changes that can affect

their practice of real estate. The RECO Update course is offered by the Ontario Real Estate

Association’s Real Estate College, which also offers many other courses and coordinates

continuing education for its members.

To earn the remaining 18 credits needed every two years, real estate professionals can choose

from a wide and varied menu of course options offered throughout the province. Course topics

range widely, and cover a variety of general themes such as tax and accounting, real estate legal

matters, investment properties, negotiation, technology applications and legal updates. Some

examples of recent course titles offered to Ottawa Real Estate Board members include Insurance

Concerns for Buyers, Money Laundering and Grow Houses, Subdividing Land, Harmonized

Sales Tax and Understanding the Elements of Home Showcasing.

As you can see, no matter where the interests of a real estate professional lie, whether he or she

is focused on working with buyers or sellers, residential or commercial properties, in rural or

urban areas, there are education courses to meet his or her needs.

So when you call on a REALTOR® member of the Ottawa Real Estate Board to help you buy or

sell your next home, you’ll know that you are working with someone who has current and

relevant knowledge of our real estate market and industry, learned through ongoing, high-quality

continuing education. Find one of our knowledgeable members by using the Board’s online

roster, located at www.OttawaRealEstate.org. (Courtesy of Ottawa Real Estate Board)

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