2016 New Zealand REAA Continuing Education (CE)

IMPORTANT LICENCE WARNING

All licence holders with incomplete 2016 Continuing Education records with the REAA will be contacted on or around January 24th, 2017.

Your licence will only be cancelled if you are unable to prove you have completed 10 hours of Verifiable and 10 hours of Non-Verifiable Continuing Education training by December 31st 2016.

  • If you have not completed your 10 Verifiable training hours, start now.
  • If you have not completed your 10 Non-Verifiable training hours, this can be done by logging into the REINZ website.

The REAA requires every person who holds a current real estate certificate or license to attend ongoing learning every year to remain current in knowledge and skill that ultimately provides consumer protection and a consistently high standard of service for the buying, selling and leasing public.

We develop verifiable and non-verifiable learning each year

We deliver our content online and partner with REINZ for classroom delivery

We assess your work and provide student help and update your training attendance records online

We report your results to the REAA on your behalf

Get Started

Register via Harcourts One to complete all 10 hours of Verifiable CE online

Module 1
Includes required Topics 1-4a
Register for Module 1 Start Module 1
Module 2:
Includes required Topics 5a-7
Register for Module 2 Start Module 2

Who

The REAA requires every person who holds a current real estate certificate or license to attend ongoing learning every year to remain current in knowledge and skill that ultimately provides consumer protection and a consistently high standard of service for the buying, selling and leasing public.

What

20 hours of continuing education is required each year.

  • 10 hours Verifiable education covering industry content and assessment specified by the REAA.
  • 10 hours Non-Verifiable education covering general real estate knowledge and skills used in the field.

How

Harcourts can provide all 20 hours

Verifiable Hours

10 Hours
Academy Online Workshops
Or
10 Hours
Harcourts and REINZ Classroom Workshops

Non-verifiable Hours

8 Hours
Harcourts May Conference
plus
2 Hours
Harcourts classroom workshops
(or other provider's online workshops e.g. REINZ)

Verifiable content for 2016

The 10 hours of verifiable continuing education for 2016 have been designed to follow a transactional approach considering professional competence and ethics at each stage of the process.

The 2016 programme is split into the following topics:

Topic 1
Understanding key concepts (1 hour)
Topic 2
Pre-listing (1 hour 30 minutes)
Topic 3
Agency agreements (1 hour 30 minutes)
Topic 4a
Marketing (1 hour)
Topic 4b
Marketing (1 hour)
Topic 5
Sale and purchase agreements and lease agreements (from offer to settlement) (2 hours)
Topic 6
Tender and auction (1 hour)
Topic 7
Risk management (1 hour)

The topics must be completed in the order they are presented as later topics build on knowledge covered in earlier topics.

All topics are compulsory and there are no specialist strands.

In the 2016 programme we are building on the legal and industry requirements covered in the 2015 programme and will be considering licensee requirements and obligations in terms of professional competence and ethics.

The Topic for 2016

The topic for 2016 is ‘Professional Competence and Ethics’.

The key learning objectives for this programme are to understand the following:

  • The meaning of professional competence in a real estate industry context.
  • The definition of real estate agency work and when it begins and ends.
  • The meaning of best practice, moral ethics and prudential ethics in a real estate industry context.
  • Individual and corporate responsibilities in terms of professional competence and ethics and the consequences of incompetent and / or unethical behaviour for real estate agencies and licensees.
  • The meaning of professional competence and ethics in relation to fiduciary duty / duty of care.
  • Prospecting protocols when prospecting on behalf of an agency for listings.
  • The meaning and implications of unsolicited commercial electronic messages.
  • The importance of the Fair Trading Act 1986, and its amendments in relation to unsubstantiated representations, unfair clauses, uninvited direct sales and auction processes.
  • Licensee responsibilities when providing an appraisal and estimating commission.
  • The responsibilities of a professionally competent and ethical licensee when entering into an agency agreement and facilitating sale and purchase / lease agreements.
  • The responsibilities of a professionally competent and ethical agency and licensee in relation to marketing activities.
  • Professional competence and ethics when dealing with conjunctional sales.
  • Professional competence and ethics in relation to disclosure / confidentiality obligations.
  • The responsibilities of a professionally competent and ethical licensee when dealing with ‘as is / where is’ provisions in the sale of real estate or businesses.
  • Best practice and the responsibilities of a professionally competent and ethical agency / licensee when methamphetamine or other contamination is present / suspected to be present at a property / space / business.
  • Professional competence and ethics when communicating with clients and customers and in dealings with other stakeholders.
  • The responsibilities of a professionally competent and ethical licensee in relation to security of land and avoiding risk of damage.
  • The responsibilities of a professionally competent and ethical licensee in relation to health and safety in the workplace.
  • Professional competence and ethics when a licensee / related person is taking an interest in a property and when a licensee / related person stands to gain other benefits from the transaction.
  • Professional competence and ethics in relation to avoiding conflicts of interest and preserving the ‘arm’s length relationship’.
  • Professional competence and ethics when dealing with multiple offers and back up offers.
  • Licensee responsibilities when holding a deposit as stakeholders and addressing money laundering.
  • Professional competence and ethics when meeting Unit Titles Act 2010 requirements.
  • Professional competence and ethics when dealing with the implications of LVR ratios and property taxation provisions – the Taxation (Bright-line Test for Residential Land) Act 2015 and the Taxation (Land Information and Offshore Persons Information) Bill.
  • Professional competence and ethics when dealing with overseas buyers of ‘sensitive assets’.
  • Key considerations and creating trust in processes when offering property / land through tender and auction.
  • Professional competence and ethics when dealing with mortgagee sales.
  • What licensees should do to demonstrate professional competence and ethics, to manage risk and to protect the client, customer, self and real estate agency throughout all stages of the real estate transactional process.
  • And review all other licensee responsibilities under the Code of Conduct and the Real Estate Agents Act as previously covered in the 2015 Continuing Education Programme.

How to Get Started

Online workshops: Complete your Verifiable Continuing Education online

Harcourts Conference: Harcourts 2016 Conference held in May

2015 Refresher

If you are reviving a suspended licence after a period of 12 months or more, you will need to complete a refresher course (to get up to speed with what you have missed) plus the continuing education for the calendar year in which you revive your licence.

You must complete the continuing education by 31 December of the year in which you revive your licence, and you must complete the refresher training before you renew your licence for the second time.

The Academy is not offering 2015 Verifiable Continuing Education Referesher training this year.

The Support Behind You

  • Contact your local Academy trainer for information, assistance and advice (Northern and Central, Wellington, South Island
  • Use the Academy helpdesk during self-paced learning online
  • Go to Harcourts One > Search Directory > (your name) > Training Attended to access your classroom training attendance - records (Please note that your verifiable online CE records are updated nightly)
  • All verifiable training records will be sent to the REAA by Harcourts on your behalf

Harcourts REINZ Classroom CE Training Calendar

Date Location Venue
February 18-19 Auckland - North Shore Netball North Harbour
March 7-8 Invercargill Ascot Park Hotel
March 16-17 Christchurch St Albans Shirley Club
April 4-5 Dunedin Dunedin Venues
April 6-7 Gisborne Eastland Helicopter Trust
April 11-12 Queenstown Mercure Queenstown
May 2-3 New Plymouth Devon Hotel
May 4-5 Thames War Memorial Civic Centre
May 9-10 Whangarei Toll Stadium
June 1-2 Taupo Taupo Great Lake Centre
June 8-9 Hamilton Hamilton Workingman's Club
June 13-14 Rotorua Holiday Inn Rotorua
June 23-24 Whakatane East Bay Reap
June 29-30 Timaru Sopheze On The Bay
July 4-5 Nelson Trailways Hotel
July 6-7 Wellington ASB Sports Centre
July 28-29 Palmerston North Hotel Coachman
August 1-2 Kerikeri Kerikeri RSA
August 8-9 Napier East Pier Hotel
Sept 5-6 Tauranga Club Mount Maunganui
Sept 12-13 Christchurch St Albans Shirley Club
Sept 19-20 Auckland Alexander Park