PassIt Online Study Guide—The OREA Exam Blog

Real Property Law – Available November 30th, 2011

passitonline — Fri, 21 Oct 2011 15:42:22 +0000

We have received numerous emails from users regarding a launch date for Real Property Law. A tremendous amount of work goes into the creation of each guide and our team is busy putting the final touches on this next study guide in the PassIt series. We’re pleased to announce that Real Property Law will be available for purchase Wednesday, November 30th, 2011. We’re looking forward to a successful launch and hope that you find our latest guide beneficial with your studying and exam preparation!

Thank you for your continued support of PassIt Online Study Guides.

What does RCI have to do with VCRs? Find Out Why It’s Important for the OREA Exam

passitonline — Wed, 17 Aug 2011 14:04:56 +0000

It goes without saying that every mark on an OREA examination is important. Seventy-three or seventy-four marks on the exam is so close, and yet so far away. It’s one thing to miss marks, because you forgot or didn’t know; but quite another if you hastily answered without reading answer options c-a-r-e-f-u-l-l-y. As an example, one PassIt MCQ that causes a lot of difficulty involves the RCI process. This innocent-looking question, focused on RECO’s RCI process, has a high failure rate. Many pick what appears to be an obvious choice, which states that RCI stands for Registrant Complaints and Investigations. While this sounds really official, it’s wrong. RCI stands for Registrar Complaints and Inquiries.

It’s all about reading and rushing, instead of concentrating. Reading comprehension is everything when it comes to exams. We’ll call it thinking reading. For many, thinking reading is not aggressively practised in real life. We all have the ability, but often don’t develop this particular skill. Adults avoid brain overload by skimming newspapers, flipping TV channels, and blocking out all but the essentials. Whether it’s a cell phone or hi-tech features on a car, we cut to the chase. Let’s use it and learn about it later. There’s even a marketing phrase for hard-to-learn, feature-rich technology products. It’s called feature cram. Feature cram lengthens the learning curve. (Translation: It’s harder to quickly understand something.). Today’s humans cope by sidestepping the instruction book and getting on with their lives. As a matter of pure self defence, we settle for the absolute essentials: Just give me the facts. There just aren’t enough hours in the day for all the details in this exploding information society. Think about it. We didn’t even have enough time to carefully read and understand the VCR instruction manual before the machine was obsolete.

But studying for exams is different. As the old saying goes: The devil lies in the details. Now let’s go back to Registrant Complaints and Investigations. While the acronym RCI involves complaints about registrants, the program is overseen by the Registrar, not the registrants; hence the R in RCI. The second word Complaints is correct for C. Lastly, the word Investigations is not correct, as investigations lie beyond the RCI process. RECO even puts investigations and inspections under a separate topic in the course just to make that point very clear. The correct word is Inquiries. A fundamental part of the RCI process is inquiring about written complaints to determine whether or not action is warranted.

What you learn today will help you for years to come. Don’t treat it like the VCR. Start finessing your thinking reading skills today.

New Feature: OREA Practice Exams

passitonline — Fri, 03 Jun 2011 19:24:06 +0000

MORE GOODIES for PassIt users . . . OREA is providing us with a retired examination for each pre-registration course. We are including these (as they are made available to us) as a bonus feature within our study guides.

We’ve been busy developing an Exam Simulator that provides immediate results feedback, answer rationales and course page references upon exam completion. All practice exam questions are unique and in addition to the PassIt MCQs. The Exam Simulator is automatically loaded upon login.

Exam Simulator Now Available for:
Real Estate as a Professional Career
Land, Structures and Real Estate Trading
The Residential Real Estate Transaction (which includes testing on The Real Estate Transaction – General)
The Commercial Real Estate Transaction (which includes testing on The Real Estate Transaction – General)

Pick up the pace and sprint to the finish!
Purchase details available at www.passit.ca.

New Exam Simulator PassIt Menu

Available Now! The Commercial Real Estate Transaction

passitonline — Mon, 18 Apr 2011 18:52:10 +0000

For those who have been anxiously awaiting the release of our latest study guide, it is available to purchase now! With 500+ multiple choice questions, 300+ rapid recalls and 200+ crossword clues, it’s an extremely powerful exam prep tool for only $27.99 plus tax.

This guide also includes an additional 40+ MCQs in the Form 500 MCQ section for those students needing a refresher on preprinted clauses and basic offer preparation using the Agreement of Purchase and Sale—Commercial. Struggling with number crunching? The MCQ 500 includes over 100 math-related questions designed to get you up to speed on commercial calculations before the big day.

Additional details are available on our web site: www.passit.ca.

PassIt Main Menu — The Commercial Real Estate Transaction

The Commercial Real Estate Transaction – Arriving In April

passitonline — Thu, 13 Jan 2011 16:07:29 +0000

For those who are anxiously awaiting the next study guide release we wanted to provide a quick update. We are hard at work on the study guide for The Commercial Real Estate Transaction. Each of our study guides require an extensive content development timeframe to ensure you receive a helpful, accurate and powerful study tool. The tentative release date for this product is April 18th, 2011!

Thank you for your continued support of PassIt Online Study Guides. We look forward to launching this new guide in April!

The Residential Real Estate Transaction – Arriving Soon

passitonline — Fri, 02 Jul 2010 14:34:45 +0000

We are hard at work on the study guide for The Residential Real Estate Transaction. Each of our study guides require an extensive content development timeframe to ensure you receive a helpful, accurate and powerful study tool. The tentative release date for this product is between August 1st and August 15th.

Thank you for your continued support of PassIt Online Study Guides.

PassIt Canada Day Feature Update

passitonline — Thu, 01 Jul 2010 17:47:57 +0000

You Asked… We Listened!

We’ve received great suggestions from PassIt users for ways to improve our online study guides. To help get your long weekend studying off to a great start, all PassIt Study Guides have been updated with some handy new features.

Keyboard Shortcuts
For simple mouse-free navigation of questions, the MCQs and Rapid Recalls can now be answered using several handy keyboard shortcuts.

Graph Your Progress
The Results/Settings section has been updated to include a progress chart for easy visual tracking of MCQ results.

View Additional Feedback
Sometimes, you want to see why an option is incorrect even though you know the correct option. In study mode, you are now able to choose one additional option after your correct choice to better understand why that alternate option was incorrect.

Choose A Chapter Combo
In study mode, you can now select multiple chapters to study in combination; e.g., Chapters 7, 8 and 9 or Chapters 1, 3 and 5. This is ideal when tackling tough to grasp chapters with questions covering those multiple chapters.

Question By Question Review
In addition to the new keyboard shortcuts for easy navigation, this section now includes the ability to report a problem, go to a specific question and view only the questions answered incorrectly.

We’re always looking for better ways to help students study. If you have a suggestion, let us know. Happy Canada Day!

The Real Estate Transaction—General (Course 3 General) Online Study Guide Available Now

passitonline — Mon, 22 Mar 2010 13:08:51 +0000

The PassIt Online Study Guide for The Real Estate Transaction—General (Course 3 General) is available for purchase. This latest guide is packed with 500+ multiple choice questions, 300+ rapid recall flip screens and 200+ crossword clues, bringing the total to more than 1,000 learning points.

Included in the MCQs are 165 questions devoted specifically to clauses and agreements, designed to provide extensive opportunities to prepare for complex question types. Access time for this study guide has been extended to twelve weeks to give lots of opportunity for practice.

IMPORTANT: This guide covers The Real Estate Transaction-General ONLY.
The Residential Real Estate Transaction study guide will be the next guide released. (The Commercial Real Estate Transaction study guide will not be released until later in 2010.) As you are aware, two courses must be completed leading to the Course 3 examination. PassIt Online Study Guides are created for each course text book.

Visit our website for all the details (www.passit.ca).

Let PassIt Online Study Guides Be Your Tutor

The Real Estate Transaction (Course 3 General) Online Study Guide Coming Soon

passitonline — Tue, 16 Feb 2010 21:02:45 +0000

For those awaiting the release of the Real Estate Transaction online study guide, it will be available for purchase starting March 15, 2010. Students can expect all of the same features enjoyed in other PassIt Online Study Guides, including hundreds of multiple choice questions, rapid recalls and crossword clues. The MCQs will also feature expanded question styles for extra practice with Level 3 and 4 question types.

New “Top 10″ MCQ Option

passitonline — Tue, 16 Feb 2010 20:45:18 +0000

Students currently studying with PassIt Online Study Guides will notice a fun new feature on their next login. From the MCQ menu, you can now choose to tackle the top ten PassIt multiple choice questions that are most frequently answered incorrectly. Give it a shot and see how you do! The Top 10 is regularly updated based on answer responses from PassIt users.

If you have new feature suggestions, let us know!

A preview of the new MCQ menu options