Exam Overview

The Ontario Real Estate Exam is a critical component for individuals aiming to become licensed real estate professionals in Ontario. 

Exam Format

There are a total of six exams in the Pre-Registration Phase:
  • Four exams are associated with Courses 1-4
  • Two additional exams follow each simulation session
  • All exams are multiple-choice with only one correct answer per question.
  • Exams can be taken online or in-person

Contents

  • Course 1: Real Estate Essentials
     - Introduction to real estate basics.
     - Covers the role of a salesperson under the Real Estate and Business Brokers Act, 2002 (REBBA).
     - Includes understanding obligations and the Code of Ethics.
  • Course 2: Residential Real Estate Transactions
     - Details the process of listing, selling, and completing residential transactions.
     - Topics include seller and buyer services, property attributes, marketing, and purchase agreements.
  • Course 3: Additional Residential Real Estate Transactions
    Expands on residential transactions to include condos, new builds, rural properties, multi-family dwellings, and leasing.
  • Simulation Session #1: Residential Real Estate Transactions
     - A 5-day session practicing residential transaction tasks with a professional coach.
     - Covers various property types like single-family homes and condos.
  • Course 4: Commercial Real Estate Transactions
     - Focuses on listing, selling, and leasing commercial properties like offices, retail spaces, and industrial sites.
     - Covers commercial construction and transaction requirements.
  • Simulation Session #2: Commercial Real Estate Transactions
    - A 4-day session focusing on commercial transactions with a coach.
    - Emphasizes aspects unique to commercial properties such as industrial and retail spaces.

Passing Requirements

01
You must achieve a minimum score of 75% on each exam.

02
The maximum completion timeframe for each of the first four courses (including the exam) is 21 weeks.
03
Course 5 has a maximum completion timeframe of 4 weeks.

04

You have a total of 24 months to complete the entire pre-registration phase, including all courses, exams, and simulation sessions.

Exam Results

After completing each exam:
  • Online exam results are generally available within 24-48 hours.
  • Students have two additional attempts to pass if they fail an exam.
  • There is a mandatory 7-day waiting period between exam attempts.
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