Real Estate Training Institute, first in Carib
The newly established Real Estate Training Institute (RETI), located at 1 Surbiton Road, in St Andrew, will begin rolling out its first set of courses in March.
Officially launched on Tuesday, the institute, which was formed by the Real Estate Board/Commission of Strata Corporations (REB/CSC), will offer continuing professional development and pre-licensing courses for industry professionals.
Additional courses will be added, as needed, in keeping with best practices in the business of real estate sales, leases, rentals, valuation, property management, strata management, timeshare and auctions.
Speaking at the launching ceremony, held at the head offices of the REB/CSC, in New Kingston, Minister of Water, Land, Environment and Climate Change Robert Pickersgill welcomed the initiative.
The minister said that he was pleased that the institute was the first in the region that was exclusively dedicated to real estate education and training at the tertiary level.
He noted that it would open up new opportunities for commitment to service and was designed to meet the increasing demand and expectations of the real estate market.
"It will provide the necessary blueprint that will add to the level of fair play for all stakeholders involved in the business of real estate," he said.
Meanwhile, chief executive officer of the REB, Sandra Watson said that it had always been a goal of the entity that it should set up its own exclusive post-secondary real estate training facility.
As such, the institute was incorporated as part of the Real Estate board's five-year plan (2014-2018). Courses were previously offered at the University of Technology.