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Old 08-23-2006, 09:40 PM
Hef Hef is offline
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Post Should I go for Real Estate Education?

Hi Guys,
To achieve my objctives of becoming a successful real estate investor, i did some brain storming on how should I achieve my goals. I dont have any one to guide me on how to start investing in real estate or what to look for before investing etc etc. That's why I feel that the best bet for me is to do some real estate courses which will make me better poised for making investment related decisions and understanding the real estate market dynamics.

I have my bachelor of business degree and work in insurance industry. I feel confident that I am qualified enough to work through these courses. The courses that I have selected are follows:
1) Principles of Appraisal
2) Real Estate Investment Analysis

These are considered as articling courses, ontario college of real estate offers three phases for real estate education, which are as follows:

Phase 1: Real Estate as a Professional Career.
Phase 1 overviews the benefits, challenges and limitations of a real estate career. This introductory program lays the foundation for subsequent phases by detailing salesperson responsibilities, how the marketplace operates and what principles impact value, along with in-depth real estate calculations concerning listing and selling property. Students develop analytic skills and knowledge levels necessary to address advanced course materials

Phase 2: Real Estate as a Professional Career.
Phase 2 focuses on property ownership rights and limitations, current land registry systems and planning processes including land use restrictions. Statutory and legal requirements concerning real property and marketplace trading practices are also emphasized. Students further acquire a solid grounding in residential construction, agency relationships, and widely-accepted property valuation methods.

Phase 3: Residential Real Estate as a Professional Career or

Phase 3: Residential
Phase 3 is a challenging, workshop-oriented course designed for practical demands of today's residential marketplace. The program stresses drafting skills for agency documents, residential agreements of purchase and sale (including condominium), and agreements to lease.

Phase 3 follows the residential real estate transaction from initial listing to final negotiations and closing. Students encounter real-life scenarios demanding skills in offer preparation, counter-offers, clause writing, mortgage financing, and use of standardized forms and procedures.

Please advise if its is a good idea to go ahead with the plan that I have ? If I choose this path would i be seccessful?
What obstacles could I face?.

I'll appreciate your input in this regard

Last edited by Hef; 08-24-2006 at 05:03 PM. Reason: spell check
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