Course 3 - Residential

Once you have completed the real estate courses 1, 2, and 3 (General), you will then need to complete either a residential or commercial course.

You will have the option of choosing one of two tracks: residential or commercial. Each one is going to teach you something different and prepare you for the real world of real estate negotiations within the specific properties that you will deal with on a regular basis.

During course 3 for residential, you will be learning to meet the practical demands of the real estate market. There will be an emphasis on drafting agency documents, residential agreements for purchases and sales, as well as lease agreements. You will learn the entire residential real estate transaction, from the initial listing all the way through the negotiations and closing.

Real estate scenarios will be presented to you. This includes in-offer preparations, counter offers, mortgage and financing principles and more. You will be tested on all of the demanding skills that you will use on a regular basis as a real estate professional. This is also when it can be effective to use real estate exam questions as a way to test your knowledge. OREA exam preparation can ensure you pass the exam the first time around and not have to retake the course for failing to understand the content