The Calgary Real Estate Board

Phase III - REAP Residential 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-7: Residential Real Estate (42 hours)
• Role of Industry Member
• Property Evaluation
• Working with Sellers
• Working with Buyers
• 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 Mondays to Fridays from 9:00am to 4:00pm.

• September 7-15 (exam on September 16 at 12:30pm)
• October 12-20 (exam on October 21 at 12:30pm)
• November 1-9 (exam on November 10 at 12:30pm)
• November 29 - December 7 (exam on December 8 at 12:30pm)

• January 4-12, 2011 (exam on January 13 at 12:30pm)

Part-time classes on Tuesday & Thursday evenings from 6:30pm to 9:30pm, and Saturdays from 9:00am to 4:00pm.

• November 27 - December 18 (exam on Tuesday, December 21 at 5:30pm)

Location
Calgary Real Estate Board
300 Manning Road NE, Calgary Alberta
Student & Overflow Parking Map

REAP Schedule - Spring and Summer
REAP Schedule - Fall and Winter
REAP Flow Chart
REAP Information Package


Registrations are not accepted over the phone. You can register directly online below, in-person, or via fax to 403.218.3687.



Credits: 0.00  
Non-Member Cost: $745.00  



This page was generated on September 9, 2010 at 11:50 PM. PRINT | CLOSE