The Real Estate Training Institute Year (2) Roll-out
February 22, 2017
Year two of Real Estate Courses to begin March 3, 2017
Persons interested in formally entering the real estate profession will have the opportunity to begin the process with The Real Estate Training Institute rolling out year-2 of its courses starting March 3. The Institute, which is owned and operated by the Real Estate Board, is the provider of qualifying courses for registration and licensing as a Real Estate Salesman or Dealer in Jamaica.
Since its inception in 2016 there have been five (5) salesman courses, with two-hundred and thirty-five (235) persons being trained and one dealers’ course with twenty-two (22) persons trained. Anti-money laundering training which is required of all practicing real estate professionals is also hosted at the location. The Institute also provides courses in Property Management and the Local Land Law Examination.
The Real Estate Board is mandated by the Real Estate (Dealers and Developers) Act to ensure the ethical and professional conduct of real estate professionals and to protect the interest of the public, in real estate transactions, especially those that include pre-payment arrangements.
The Institute is the fulfilment of a long-term strategic objective of the Management and Board of the Real Estate Board. Chief Executive Officer, Sandra Watson has a positive assessment of year-one and a confident outlook for the upcoming year. “We are pleased with the response to the Institute and the student up-take for the courses in its first year. We are confident that we can build on that, based on our own assessment and the feedback of our students and clients,” Mrs. Watson explained. “With the introduction of the Continuing Professional Development, we will eventually roll out additional courses including those in timeshare and strata-related courses. We continue to believe that the standard of the course content and their delivery is of a significantly high standard, which will ensure the competence and skill of our students and graduates,” the CEO added.
This year’s slate of courses will include five salesman courses, one dealers’ course, one property management course and continuing development courses. The Salesman Course will be provide part time, full time and day release options to offer flexibility to its students.
Persons wishing to apply to participate in the salesman course, must have at least four CSEC or CXC General Proficiency subjects, grades one through three or four GCE O’level passes - which must include Math and English in both cases. For admission to the Dealers’ Course, applicants must have successfully completed the Salesman course and registered as such for at least two years. Additionally, they are required to be employed to a licenced Dealer for at least eighteen months within the last two years.
Interested persons may contact the Real Estate Training Institute or the Real Estate Board or for more information about course dates, times, deadline for applications, course requirements or fees.