At Passit, we’re always working to deliver the most powerful and efficient tools to tackle Ontario real estate exams. Today, we are excited to announce a major (free!) upgrade to Passit for Courses 1, 2, 3 and 4 that will transform the way you study, making it easier, faster and more effective than ever before. […]
TRESA Phase 2 comes into effect December 1st, 2023. Humber College will be updating course materials in the coming months. Passit guides will be synced to align with each course update. Now is an optimum time to finish Course 1 and Course 2 to avoid transition headaches.
Completing the education requirements for real estate salesperson or broker registration in Ontario is about to get more expensive. Quoting evolving program delivery costs, Humber College announced yesterday that the minimum cost to complete the program (assuming no exam re-writes) will rise from $3,590 to $4,110 for those pursuing registration as a salesperson, and from […]
Having problems understanding different types of value? Here’s some examples that may help. Subjective Value: Subjective values are influenced by personal opinion; e.g., what a person is willing to pay another for a house based on his or her own feelings, tastes and opinions. Beauty (and value) are in the eyes of the beholder. A buyer may […]
The typical Humber Course 2 and Course 3 exams includes at least one question on either closing adjustments or pro-rated rent. The number of days in a month may be needed to calculate the correct answer. Here’s a well-known rhyme to help remember the days in each month (not provided in the Humber exam): Thirty days […]
Don’t get tripped up on debt service ratio calculations: Watch for different payments. One multiple choice question may focus on principal and interest (PI), while another asks about principal, interest and taxes (PIT). In yet another, it may be a condominium with a portion of heating costs included (PITH). Be careful with time periods. MCQs can contain […]
Passit Guides are regularly revised, updated and improved so you can trust that what you’re studying is relevant. You don’t need to worry about outdated content, tracking revisions or timing the purchase, activation or use of your study guide. Humber College recently announced content updates that will be implemented throughout the Real Estate Salesperson Program […]
Awesome news! Pro-level Study Buddy notes are now available in all Passit Study Guides for Humber Course 2. Humber’s course is massive—almost 4 times larger than Course 1—brace yourself for 4,800+ online screens. Want to know what you really need to know? Let Study Buddy consolidate the content and make sense of complex topics with […]
If you talk to a salesperson registered with RECO prior to 2020, you will quickly discover the math covered in the new Ontario Real Estate Salesperson Program (delivered by Humber College) is significantly less than what was covered in the previous OREA program. Why is there such a discrepancy between the two programs on math? […]
We understand the stress that COVID-19 has caused many of our users, so we launched the first Passit tournament as a fun, helpful and meaningful way to spend self-isolation time! Humber Course 2 Passit users competed over a period of 48 hours, collectively answering over 15,000 questions. Originally, we had planned on providing a Passit Guide for […]
