Your Training Requirements 101
To assist with the 2019 REA CPD annual requirements we have put together a comparison chart to clarify what course(s) you will need to take.
We hope that this chart will provide the clarity in helping you know what your annual requirements are in accordance with the 2008 REA Act.
Please let us know if this helps or can be improved in any way, this is here to reduce confusion, not add more! :-)
In 2019 (and confirmed for 2020) the old "one-size fits all" 10 hour course has been replaced by a 5 hour mandatory (made up of 3 required subjects) and 5 hours of elective courses (essentially a list of required courses you can pick and choose from).
What hasn't changed is the need to take 10 hours of non-verified training like in the years before.
So without further ado, here is the comparison chart which should help you understand which courses you need to take by 31 December 2019 in order to maintain your REA certified real estate license.
|Bundles (to save money compared to individually buying the courses)|
This purchase includes the 5 hour REA mandatory and the 5 hours of REA electives.
|2019 REA 10+10
This includes the 5 hour REA mandatory, the 5 hours of REA electives, AND the 10 hours of non-verified courses to meet the complete 20 hour training requirement.
|Limited Time Special Offer (expires 31 October 2019)|
|2019 REA Featured Package
This limited offer includes the 5 hour REA mandatory, the 5 hours of REA electives, AND a one year "Featured" level subscription to the e-Agent directory to help generate customer leads
|2019 REA Premium Package
This limited offer includes the 5 hour REA mandatory, the 5 hours of REA electives, the 10 hours of non-verified courses to meet the complete 20 hour training requirement, AND a one year "Premium" level subscription to the e-Agent directory
This course is for real estate agents that allowed their license to expire or suspend them before 2019 and are required by the REA to take this course to get their licensing back to being active
|2019 REA (AML only)
(NEW AGENTS ONLY) For those that just recently got their license, the 20 hour training requirement doesn't apply. However, that said, the AML course is a legal requirement that went into effect 1 January 2019 and holds all real estate agents accountable. So for those not needing the 20 hours training and not taking the 5 hours mandatory, you will need to at the very least purchase this course (which is included in all the other packages)
|2019 REA Verified 5 hour (Mandatory only)
For those who either have received their elective and non-verified training elsewhere, but still need to take the mandatory 5 hour, 3 subjects (which includes the AML), this is for you.