Course Requirements

The learning system adopted by the OREA Real Estate College has received international recognition for its design and ease of use. The integrated reference/workbook approach is well suited to adult learners. Students readily gain knowledge through guided research, true-to-life case studies and active learning exercises.

Real Estate Encyclopedia
The Real Estate Encyclopedia is the central resource linking academic study and marketplace realities. This unique reference book directs the way instructors teach and how students learn. This publication focuses on nationally-recognized terms and accepted practices for residential and commercial activities.

The encyclopedia, designed exclusively for the real estate marketplace, has become a standard resource for registered salespeople and brokers. This user-friendly publication is colour-coded with abundant illustrations, cross-references and detailed indexes.

Provincial Reference Manual
The Provincial Reference Manual, a companion resource to the encyclopedia, guides students through province-specific topics and practices affecting real estate trading. The book is divided into 14 sections covering diverse topics such as condominium, planning, taxation, tenancy and title/ownership. Topics within sections are alphabetically organized for ease of use, complemented by extensive cross-references and indexes.

Workbooks
Course workbooks are fully integrated and cross-referenced to both the Real Estate Encyclopedia and Provincial Reference Manual. Practical hands-on exercises and form completion ensures that participants encounter scenarios relevant to today’s real estate marketplace.

Students draft and correct agreements of purchase and sale, calculate investment property cash flows and rates of return, analyze situations involving property defects, and resolve legal/ethical issues encountered in real estate transactions. Learning consolidation, reviews, and exercises confirm ongoing comprehension.

Detailed answers are located in the appendix for self-evaluation and assessing learning progress. Course content is updated to reflect the latest changes in legislation, legal matters, and market practices that impact the real estate profession.

Financial Calculator
Financial calculations are essential in the world of listing and selling properties. The Hewlett Packard Business 10BII, is highly recommended for students, having gained wide acceptance among real estate professionals in Canada and the United States.

This calculator provides versatility, a wide scope of business functions (primarily regarding cash flows and time value of money calculations), the ability to analyze regular and irregular cash flows, present values, internal rates of return, and adaptability to Canadian mortgage calculations.

All financial calculations in workbooks are illustrated using HP 10BII keystrokes. Students with other calculators must ensure that necessary functions can be performed and that course procedures, keystrokes, and examples are correctly modified to suit the calculator being used.

 

 

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