Residential Real Estate Brokerage – AEC EEC.1Y


Start of the next programs are:

May 16, 2017 (evening program) – application closed
September 2017 (day program) – registration tba

A Real Estate Agency EXPO was held at John Abbott on February 7th. It was the second Expo of this nature in the history of the program.

Seven agencies registered with about 20 brokers and agency directors/managers on hand to meet, interview and hopefully hire the Real Estate potential graduates. In all, 37 students are registered in this program of studies, all of them graduating this March.

Thanks to teachers Deborah Cere and Jodie Lennon as well as the agencies Abbey & Olivier Real Estate Agency, CENTURY 21, KW Prestige, RE/Max Quebec, Royal LePage Village, BL Immobilier, Groupe Sutton- Quebec for making this event a success.

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Program
Overview

The new Real Estate Brokerage Act (Bill 73) was sanctioned on May 28, 2008 and came into force on May 1, 2010.  The Real Estate industry in the province of Québec went through a major change in terms of the laws that regulate the activities surrounding a real estate transaction. Under the new Real Estate Brokerage Act Real Estate Agents will become Residential Real Estate Brokers and Real Estate Brokers will become Agencies. The regulatory body that oversees the Real Estate industry, the OACIQ (“Organisme d’autoréglementation du Courtage Immobilier du Québec”), has established seven (7) competencies which the new Residential Real Estate Broker should have developed and mastered in order to act ethically and responsibly in their real estate brokerage practice.

  1. Acting ethically and responsibly in one’s brokerage practice
  2. Managing one’s professional activities in the field of real estate
  3. Making use of general and special rules of law in brokerage transactions
  4. Assessing the quality and the various building elements of an immovable
  5. Estimating the market value of a residential immovable
  6. Carrying out brokerage transactions pertaining to the sale, purchase, leasing or exchange of a residential immovable
  7. Distinguishing the basic principles of mortgage financing

The program is a result of the work of a consortium of 22 colleges in the province who have in the past offered the Real Estate Agent and/or Broker programs and has been designed to allow the attainment of these competencies.

OACIQ APPROVED

Upon successful completion of this AEC “attestation d’études collégiales” program the student will be required to demonstrate that they have the seven (7) competencies required by the OACIQ (“Organisme d’autoréglementation du Courtage Immobilier du Québec”) in order to obtain a license to practice.  The examination has been designed based on this competency framework. 

The OACIQ exam may be written in English or French.  Those who choose to write the exam in English will be required to prove, before they are issued their license, French language competency as per the regulations.  You may consult the brochure of the “L’Office québécois de la langue française: Le français, un tremplin pour exercer une profession au Québec.”

PREREQUISITES

  • Secondary V diploma OR equivalent OR have instruction deemed acceptable by the College
  • Interview by admission committee
  • Fulfil the AEC Admission Requirements

Courses
& Schedule

PROGRAM CONTENT

The program consists of eleven (11) credit courses for a total of 570 hours.  Upon the successful completion of all eleven (11) courses the student is awarded an “attestation d’études collégiales”.

Course Number

 Course Title

 Hours

 Credits

 221-001-AB

 Introduction to Residential Real Estate Brokerage

 60

 2

 221-002-AB

 Real Estate Property Law

 60

 2

 221-003-AB

 Real Estate Business Law

 60

 2

 221-004-AB

 Real Estate Brokerage Act

 45

 1  2/3

 221-005-AB

 Communication Skills in Real Estate

 45

 1  1/3

 221-006-AB

 Residential Construction

 45

 1  2/3

 221-007-AB

 Real Estate Mathematics

 45

 1  2/3

 221-008-AB

 Residential Real Estate Appraisal

 45

 1  2/3

 221-009-AB

 Residential Real Estate Brokerage Contracts

 60

 2  1/3

 221-010-AB

 The Promise to Purchase

 45

 1  2/3

 221-011-AB

 Presentation of the Offer to Purchase

 60

 2

 Total

 570

 20

Click here to view the course descriptions

PROGRAM SCHEDULE

Day Group:

  • Start & end dates:  September 2017
  • The program is offered over two (2) semesters
  • Classes are held Monday to Friday:
    • from 9:30 a.m. to 3:30 p.m.

 Evening / Saturdays Group:

  • Start day: May 16, 2017 – Program is FULL
  • The program is offered over three (3) semesters
  • Classes are held on Tuesday and Wednesday and Thursday evenings:
    • from 6 p.m. to 10 p.m.
  • and every second Saturday
    • from 9:00 a.m. to 4 p.m.

Application
& Fees

PROGRAM COST

Application fee $30 (non-refundable)
Tuition fees $4,245 (subject to change)-(includes all registration fees and materials)

DAY PROGRAM:
1st: $2,340.00 / 6 courses / 315 hours
2nd: $1,905.00 / 5 courses / 255 hours

EVENING / WEEKEND PROGRAM:
1st: $1,560.00 / 4 courses / 210 hours
2nd: $1,560.00 / 4 courses / 210 hours
3rd: $1,125.00 / 3 courses / 150 hours

Parking fee $24/month (day program only)

 

 

Info
Session

Next Program: May 2017 (evening program) – Program is Full
September 2017 (day program)
Information Sessions

Wednesday, June 7  @ 4:00 p.m.
Thursday, July 11 @ 4:00 p.m.

Location: Brittain Hall building/John Abbott College
Room: to be posted
Campus Map

Information Session

Application instructions for DAY program (starting in September 2017) will be provided at the information session. Please choose an info session date, complete the form and attend on the chosen date.

Real Estate Info Session

 

 

Call 514 457-6610 ext. 5015 for further information