CREB® REALTORS® serving calgary and area

Phase III - REAP Commercial PRINT | CLOSE

Prerequisites:
REAP Phase-2: Fundamentals of Real Estate

Description:
Phase-3 of REAP is divided into three sections:
• Section-7 Residential (42-hrs)
• Section-8 Commercial (42-hrs)
• Section-9 Rural (30-hrs)

Students must complete all three (3) sections in order to be licensed.

In each section of Phase-3, the theory addressed in Phase-2 is applied to the real life real estate practices of industry members. Understanding the principles of property value and how to evaluate properties in each area of practice is a major focus of these sections. Working with clients is put into practice and you work through lots of case studies that replicate real life real estate transactions.

Upon successfully completion of REAP and other requirements as per the Real Estate Council of Alberta (RECA), students can obtain their real estate associate license through a broker. To become a member of CREB®, students will also have to complete a three (3) day CREB® Orientation.

Phase-3 Section-8: Commercial Real Estate (42 hours)
• Role of Industry Member
• Property Evaluation
• Working with the Sellers/Landlords
• Working with Buyers/Tenants
• Investment
• Leasing
• Completing the Transaction
• Case Studies

Upon completion of the section, students must write and pass a three hour Provincial Qualifying Examination (PQE). In order to write the exam, students must have attended a minimum of 90% of all classes. A minimum passing grade of 70% is required.

Class: $745.00
Exam: $131.25
Total: $876.25 including GST


Exam fee is paid online with Visa, Mastercard, American Express, or Paypal at the time of the exam. Pre-payment of the exam fee is not possible. If you do not show up for an exam that you are scheduled for, your credit card or CREB® account will be charged a $25.00 no-show fee. If you are unable to write the exam on the scheduled date, please notify the Education Department as soon as possible.

Sign in for the exam begins at the stated time. You must arrive within 15 minutes of the sign in time in order to write the exam. There is no access into the CREB® building before 8:30am.

Day classes on Monday to Friday from 9:00am to 4:00pm.
• January 16 - 24, 2012 (exam on January 26 at 8:30am)
• February 27 - March 6, 2012 (exam on March 8 at 12:30pm)
• March 19 - 27, 2012 (exam on March 29 at 8:30am)
• April 16 - 24, 2012 (exam on April 26 at 8:30am)
• May 22 - 30, 2012 (exam on May 31 at 12:30pm)

Part-time classes on Tuesday & Thursday evenings from 6:30pm to 9:30pm, and Saturdays from 9:00am to 4:00pm.
• January 3 - 26, 2012 (exam on January 28, 8:30am)
• May 1 - 26, 2012 (exam on May 31 at 5:30pm)
• July 3 - 26, 2012 (exam on July 28 at 8:30am)

Location
CREB®
300 Manning Road NE, Calgary Alberta
Student & Overflow Parking Map

REAP Schedule
REAP Flow Chart
REAP Information Package

Registrations are not accepted over the phone.



Credits: 0.00  
Non-Member Cost: $745.00  



This page was generated on February 3, 2012 at 8:46 PM. PRINT | CLOSE