This course includes both the Fundamentals of Real Estate and Practice of Residential courses. Practice of Residential Real Estate is the 2nd most common and in-demand course after Fundamentals of Real Estate. You can save by bundling both the pre-licensing courses in one package!
You will take the fundamentals course first and then proceed to the Practice of Residential Real Estate course. Fundamentals of Real Estate course is the first course required to get licensed as a real estate professional in Alberta. This course will help learners acquire the fundamental knowledge about the real estate industry. The Practice of Residential Real Estate course is the second course required to get licensed as a real estate professional in Alberta. This course will help learners acquire the knowledge needed to practice as a Residential real estate professional in Alberta.
The online video course includes self-paced study materials, video training and practice quizzes to test your knowledge and understanding of the key concepts for each unit.
Learners have 6 months to complete each course and write the licensing exam with RECA. Learners have 2 attempts to pass the licensing exams with 70% passing marks required.
In addition, the students will have access to the industry leading exam prep materials which include extra practice questions, summarized notes and mock tests to help prepare for RECA’s licensing exam.
Course Outline: Fundamentals of Real Estate
Unit 1 – Overview of Real Estate in Alberta
Unit 2 – The Real Estate Act
Unit 3 – Ethics and Code of Conduct
Unit 4 – Real Estate Brokerage
Unit 5 – Consumer Relationships
Unit 6 – Contract Law
Unit 7 – Real Property Law
Unit 8 – Condominiums
Unit 9 – Mortgage Financing and Fraud Awareness
Unit 10 – Soft Skills
Length: 80 hours
Course Outline: Practice of Residential Real Estate
Unit 1 – Residential Real Estate Clients
Unit 2 – Residential Property Basics
Unit 3 – Property Measurements and the RMS
Unit 4 – Legal matters and concerns
Unit 5 – Residential Property Valuation
Unit 6 – Mortgage Financing
Unit 7 – Rural Residential Real Estate
Unit 8 – Representing the Seller
Unit 9 – Representing the Buyer
Length: 60 hours
- Study Materials
- Video Lessons
- Unit Quizzes
- Additional Exam Prep Materials
- Summarized notes
- Extra Practice Questions (over 800)
- Mock Tests
- Important Topics Review
Exam Guidelines/Next Steps:
Exam: Administered by RECA
Exam Location: RECA approved Exam Centres
Duration: 3 hours
Total No. of Attempts: 2
Passing Grade: 70%
This course requires registration with RECA.