RECO Delays Simulation Session 2
This post was from 2020. All students completing the program today must complete the process in the order as indicated in the Humber learning path.
Yesterday, RECO made an unexpected announcement to delay Simulation Session 2, which is the in-person 40-hour class that follows Humber Course 4: Commercial Real Estate Transactions.
It is unknown when Simulation 2 will be available. In the meantime you will be able to continue the learning path and apply for conditional registration with RECO. Essentially, you will bypass Simulation 2 and complete it once it’s ready.
Here’s how that impacts your progress (until Simulation 2 is launched):
- Upon passing the Course 4 exam you will proceed to Course 5.
- After completion of Course 5 you will be eligible to apply for conditional registration with RECO. This will permit you to trade, but only in residential real estate.
- Those with conditional registrations will have two years to complete Simulation 2, and must complete this component prior to starting the post-registration phase.
- Once Simulation 2 is ready, the learning path reverts to its prior form, where Simulation 2 will be a mandatory course in the pre-registration phase.
This announcement shortens the time to become registered, which means many learners should prioritize planning for when Course 5 is complete. Remember, to obtain registration with RECO:
- You need a criminal record check, dated within six months of your application. This process could take several weeks, depending on your area.
- You must be employed (either as an independent contractor or an employee) with a brokerage. If you haven’t selected a brokerage, now is a perfect time to start researching, interviewing and connecting with other salespeople and brokers in your area.
- You will complete the application and submit to RECO with the fee (currently $590).