Course Catalog
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Fundamentals of Real Estate
Cost: $600
Hours: 80 - 120
The Fundamentals of Real Estate program offers 11 required units, each touching on a variety of topics which will establish the fundamental knowledge a successful real estate practitioner must know.
- Introduction to Real Estate
- Working with other professionals
- Agency Relationships
- Professionalism & Soft Skills
- The REAL ESTATE ACT
- Other Legislation
- Your Client & the Marketplace
- Your Client, Contracts & Closing
- Buildings & Construction
- Environmental Considerations
- Condominiums
Practice of Residential Real Estate
Cost: $400
Hours: 60 - 80
Pre-requisite: Fundamentals of Real Estate
The Practice of Residential Real Estate program will assist you in meeting the regulatory requirements of a residential real estate licensee in Alberta. This program will cover the fundamentals of residential real estate and will prepare you to be practice-ready.
- Role of the residential Licensee
- Establishing Client Relationships
- Residential Property Types
- Residential Building Construction
- Sustainability
- Residential Measurement Standards
- Legal Land Descriptions
- Municipal Land Use
- Land Titles
- Property Research
- Residential Property & Grow-Ops
- Rural Residential Consideration
- Environmental Stewardship
- Utilities & Services in Rural Estate Settings
- Economics & Principles of Real Property Valuation
- Appraisal & Comparative Market Analysis
- Advising Sellers
- Advising Buyers
- Residential Real Estate Contracts
- Offers, Negotiation & Counter-Offers
- Managing Contracts
Practice of Rural Real Estate
Cost: $400
Hours: 40 - 60
Pre-requisite: Fundamentals of Real Estate
The Practice of Rural Real Estate program will assist you in meeting the regulatory requirements of a Rural real estate licensee in Alberta. This program will cover the fundamentals of Rural real estate and will prepare you to be practice-ready.
- Introduction to Rural Real Estate
- Locating Rural Properties
- Municipal Land Use
- Rural Land Use
- Rural Living and Rural Municipalities
- Factors Affecting Rural Properties: Soil
- Factors Affecting Rural Properties: Water & Irrigation
- Factors Affecting Rural Properties
- Rural and Country Building Construction
- Rural Building Construction: Service Systems, Interior Finishes, Permitting
- Rural Sewage Disposal
- Rural Property Research
- Evaluating Rural and Farm Properties
- Tax Considerations
- Investment Calculation and Financing
- Client Representation
- Completing the Transaction
- Rural Real Estate Purchase Contracts
Practice of Commercial Real Estate
last updated September 2023
Cost: $400
Hours: 60 - 80
Pre-requisite: Fundamentals of Real Estate
Practice of Commercial Real Estate program aims to assist you in meeting the regulatory requirements of a commercial licensee in Alberta. This program will cover the fundamentals of commercial real estate and will prepare you to be practice-ready.
- Introduction to Commercial Real Estate and Financial Calculators
- Managing Liability
- Commercial Sectors
- Landlord and Tenant Obligations
- Land use - Environmental and Client-Related Considerations
- The Commercial Brokerage
- Commercial Property Evaluation
- Commercial Leasing
- Retail Leasing
- Investment Real Estate
- Time Value of Money (TVM)
- Amortization of Loans and Mortgages
- Financing Sources and Underwriting
- Prospecting
- Representation Agreements
- The Transaction
- Purchase Contracts and Considerations
- Financial Calculation Practice Questions
Note: This course was designed based on the RECA required HP10bll+ calculator. It is recommended learners utilize the HP10bll+ calculator while completing the course. Alternatively, the HP10bII+ mobile calculator app can be utilized to produce the same results as the physical calculator; however, the keystrokes are different and not provided in the course.
Practice of Property Management
last updated September 2023
Cost: $400
Hours: 40 - 60
Pre-requisite: Fundamentals of Real Estate
Practice of Property Management program aims to assist you in meeting the regulatory requirements of a property management licensee in Alberta. This program will cover the fundamentals of property management and will prepare you to be practice-ready.
- Fundamentals of Property Management
- Acts, Regulations and Governing Bodies
- Introduction to Contracts
- Landlord and Tenant Obligations
- Property Manager Conduct and Responsibilities
- Assessing and Mitigating Risk
- Budgeting and Financial Reporting
- Research and Marketing
- Property Measurement
- Selecting and Managing Tenants
- Communication and Collaboration
- Preventing and Managing Conflict
- Documents and Contracts
- Offers, Counteroffers and Negotiation
- Construction and Industry Standards
- Environmental Stewardship and Energy Conservation
- The Building Envelope
- Interior Finishes and Building Systems
- Building Maintenance and Operations
- Hiring and Managing Third-Party Contractors
- Rural Properties: Land Descriptions
- Rural Properties: Utilities
- Rural Properties: Environmental Stewardship
Real Estate Broker Program
Cost: $400
Hours: 54
Pre-requisite: Fundamentals of Real Estate
Real Estate Broker Program aims to assist you in meeting the regulatory requirements of real estate brokers in Alberta. This program will cover the fundamentals of operating a real estate brokerage and will prepare you to become a broker.
- Becoming a Broker
- Establishing a Brokerage
- Self-Regulation and RECA
- Administrative Justice and Sanctions
- Ethics
- Overseeing Advertising
- Brokerage Supervision
- Records Management
- Brokerage Privacy Requirements
- Managing Client Expectations
- Developing A Business Plan
- FINTRAC
- Service Agreements
- Managing Finance and Mitigating Risk
- Trust Account Procedures
- Risk and Insurance
- Financial Risk Management Concerns
- Managing Personnel
- Workplace Health and Safety
- Engagement, Retention and Succession
- Creating an Operational Plan
- Leveraging Technology
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