OREA Exam, Real Estate Exam, OREA Study Notes

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Beginning a Career in Real Estate

SeeWhy Learning specializes in assisting people pass industry exams. We have been teaching industry courses for over 10 years. Our programs help you both understand the course content and focus you on the things you need to know to pass your exam

To obtain your real estate license you must first pass three courses in what is known as the pre-registration period.

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Real Estate Course 1: Real Estate as a Professional Career

Exam will test you on:

  • A general overview of a career in the real estate profession.
  • How the real estate market interacts with other elements of our society.
  • How the real estate profession works and what skills you will need to be successful.
  • A high level discussion of the importance of economics, demographics and geography on real estate values.
  • Consumer buying habits and marketing methods.
  • A basic overview of mathematics.

Real Estate Course 2

Exam will test you on:

  • How land and property is registered in Canada.
  • Examine municipal planning and land use zoning.
  • Identify the key elements in home and commercial building construction.
  • Review the various ways that property can be valued.
  • Review how real estate is traded, rules and regulations of the industry (REBBA® 2002), as well as the concept of representation relationships.

Real Estate Course 3 – General and Advanced Segment

All students must write the exam pertaining to course 3 general, and one advanced component (real estate or commercial).

Exam will test you on:

  • This exam will test you on an overview of the real estate transaction, from listing agreement through to the final sale.

The trade-marks OREA®, OREA® Course 1 (phase 1), OREA® course 2 (phase 2) and OREA® course 3 (phase 3) are owned by The Real Estate Council of Ontario (RECO®). The Real Estate Council of Ontario (RECO®), Ontario Real Estate Association®, and Ontario Real Estate College® does not sponsor, license or necessarily recommend these study notes and or exam preparation materials for its courses. SeeWhy Learning’s exam preparation materials and study notes are not sponsored by any other industry organization.

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