Practitioner Certificate in Real Estate

Transcription

1 Practitioner Certificate in Real Estate For Real Estate Brokers & Sales Agents Supported by In Strategic Partnership with

2 BANKING ACCOUNTING & FINANCE ISLAMIC FINANCE IT & PROJECT MANAGEMENT INSURANCE LEADERSHIP & MANAGEMENT EXECUTIVE LEADERSHIP ACADEMIC STUDIES ABOUT The BIBF is a semi-government training institute affiliated with the Central Bank of Bahrain, established in It plays a vital role in the training and development of human capital in Bahrain, the wider Middle East, North Africa and beyond. The BIBF s commitment to excellence has strengthened its position as the leading educational provider across all major business disciplines. The Institute serves as a partner to numerous world-class institutions; delivering Thought Leadership, Assessment and Training in the areas of Banking, Islamic Finance, Executive Development, Accounting & Finance, Academic Studies, Leadership & Management, Insurance, Information Technology and Communication, Project Management and Supply Chain Management; resulting in a complete business solution.

3 GLOBAL REACH The BIBF qualifies over 20,000 learners a year across all major business disciplines and economic sectors. Since its establishment, it has provided training and development opportunities in 63 countries giving the institute a global footprint. The BIBF has delivered training to over students in 63 countries since its inception in 1981

4 RERA Mandate The Real Estate Regulatory Authority (RERA) was officially formed with the issuance of Royal Decree 69/2017. RERA will deliver on the vision of His Royal Highness, Prince Salman bin Hamad bin Isa Al Khalifa the Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister to: Deliver effective and fair regulation in the real estate market Promote economic growth and investment in Bahrain Protect the rights of and create a better life for every Bahraini One of RERA's key objectives is to ensure that the real estate industry in Bahrain is aligned to international best practice standards and delivers a professional service in a cost-effective and transparent manner. In line with RERA s strategic initiative, we have implemented a continuous development program to train all real estate Brokers and Sales Agents who are currently practicing or intending to practice within the Kingdom of Bahrain. For more information visit:

5 Programme Objectives One of the most significant changes under RERA Law 27 of 2017 is the introduction of a licensing requirement for real estate professionals and the requirement for real estate brokers and sales agents to hold a license from RERA. Real estate brokers and sales agents are required to hold a specific license to sell property and they must be affiliated with a RERA registered broker. All brokers and sales agents must complete the mandatory continuous professional development training programme in order to acquire or renew the RERA Broker and sale agents license. Who Should Attend? Real Estate Brokers Sales Agents Delivery Partners The Real Estate Regulatory Authority (RERA) is partnering with the Bahrain Institute of Banking and Finance (BIBF) and Dubai Real Estate Institute (DREI) for the delivery of this programme. All training courses will be held at the BIBF premises. Eligibility RERA Foundation & Certificate in Real Estate (40 hours) RERA Certificate in Real Estate (20 hours)

6 RERA Practitioner Certificate in Real Estate These two courses are designed to build a strong and sustainable real estate sector by ensuring that all real estate service providers operate to the highest international professional standards. This is a customised course for the Bahrain market. The course covers the key competencies required for practitioners operating in today s real estate market. RERA Certificate in Real Estate-Stream 1 The Certificate in Real Estate is a customised course for the Bahrain market for practicing real estate brokers and sales agents with a University degree and 3 years of relevant work experience in Real Estate Brokerage. Course Objectives Build a professional real estate service provider sector operating to the highest international standards. Increase practitioner s knowledge, expertise and efficiency. Strengthen the reputation of the real estate sector. Qualify interested parties to work in the real estate sector and to support them with the requisite professional skills and competencies. Completing this course and passing the exams is a requirement to obtain or renew your broker or sales agent license. Course Details: Course Duration: 20 hours (delivered over 5 days x 4 hours daily) Course Fee per participant: BD 500/- Note: Tamkeen funding is available for Bahraini nationals. All other nationalities The course fee is to be paid in full one week prior to the course start date Assessment Method: All participants will go through a final assessment at the end of the training course to assess and verify their competency with a passing threshold of 60% out of 100%. Course Dates: For course dates please visit

7 RERA Foundation & Certificate in Real Estate-Stream 2 The programme designed for professionals working in the real estate sector is open to real estate brokers and sales agents to learn the principles of real estate, management and financing. The course also covers economic and investment related topics using a balanced approach between theory and practice. This course is designed for those who do NOT hold a university degree. Course Objectives Develop an understanding of the role, rights, obligations and responsibilities of persons working on or joining the real state sector as a profession. Creating efficiencies by embedding best practices throughout the real estate sector. Provide comprehensive insights into the real estate market, including legal, technical, investment marketing and financial aspects. Provide case studies to enhance understanding and market analysis. This course is considered an opportunity for those who did not obtain a post-secondary degree. Course Details: Course Duration: 40 hours (delivered over 10 days x 4 hours daily) Week 1: Foundation in Real Estate Week 2: Certificate in Real Estate Course Fee per Participant: BD 1,000/- Note: Tamkeen funding is available for Bahraini nationals. All other nationalities The course fee is to be paid in full one week prior to the course start date Assessment Method: All participants will go through assessments during and at the end of the training course to assess and verify their competency with a passing threshold of 60% out of 100%. Course Dates: For course dates please visit

8 How Do You Apply? RERA recommends all those who are currently holding a RERA Broker or Sales Agent license to register as soon as possible as places will be allocated on a first come, first served basis. RERA license holders should choose the preferred date from the published calendar, based on the eligibility to take either the RERA Foundation & Certificate in Real Estate - Stream 2 or RERA Certificate in Real Estate - Stream 1. Step 1: Contact the Banking Centre at the BIBF for more information on starting dates and process of registration by ing us on realestate@bibf.com or calling the programme officer on Step 2: Fill in the registration form Step 3: Submit all of the required documents along with your personal details as listed below: 1. Full Name 2. CPR Number 3. ID 4. Broker License Number 5. Sales Agent License Number (where applicable) 6. Name of Affiliated Broker (for Sales Agents only) 7. Scanned Copy of Proof of Experience (from the current/previous employer) 8. Scanned Copy of Qualification (a University Degree from a recognised university) 9. The Course Dates (please provide 3 options in the order of your preference) 10. Company Details (CR Number, Business Address, Website Address) Step 4: Pay the full fees at the BIBF* * Bahraini nationals are required to submit additional information to avail Tamkeen funding and are not required to pay fees in advance. Note: Candidates will be allocated the required course dates based on a first come, first served basis. Due to the limited seats available for each cohort, candidates may be allocated to the next alternative course slot. All registered participants will be sent joining instructions for the course, once confirmed.

9 REGISTER NOW!

10 Registration Form Real Estate Regulatory Authority Continuous Professional Development Programme RERA Practitioner Certificate in Real Estate Self Sponsored Name of Participant Stream 1 Stream 2 Self Sponsored Organisation Sponsored Mr/Mrs/Ms First Name Middle Name Last Name Position Department Organisation *Nationality *Date of Birth (dd/mm/yy) *Address *CPR *Country Office Tel *Mobile *Broker License No: *Name of Affiliated Broker (Work) *Sales Agent License No: *Signature Date Organisation Sponsored Organisation Information Contact Person : Mr/Mrs/Ms First Name Middle Name Last Name Position Department *Nationality *CPR Address Organisation Office Tel Fax Country *Signature & Stamp Date Name of the Participant Mr/Mrs/Ms First Name Middle Name Last Name Position Department Organisation *Nationality *Date of Birth (dd/mm/yy) *Address *CPR *Country Office Tel *Mobile *Broker License No: *Name of Affiliated Broker (Work) *Sales Agent License No: *Signature Date

11 Methods of Payment Cheque Please find enclosed a cheque for made payable to BIBF. Credit card Please debit my credit card Visa Mastercard Card No. Cardholder s Name Cash Expiry Date Signature Online Payment pay.bibf.com Programme Fees Stream 1: BHD 500/- per participant Stream 2: BHD 1,000/- per participant TERMS & CONDITIONS: 1. BIBF offers courses on the basis that there will be sufficient participants to justify running it or else the course will be cancelled. 2. BIBF may modify the dates or cancel the course should any unexpected/unavoidable circumstances arise. BIBF s liability in the event of any modification or cancellation will be limited to cover the fully paid course fees. 3. In the event of cancellation of the course, BIBF will refund the amount paid in full by the participant for the course. If the course is postponed by BIBF, the participants have the option to ask for a refund. 4. Participants should attend the full duration of the course as scheduled and strictly abide with the stated course timings. In the event of a participant attending less than 80% of the total course hours, the participant will be withdrawn from the course, marked as a Drop Out, and requested to re- register. 5. Course deferral requests should be made by a participant in writing one week prior to the course commencement date. No deferral requests will be entertained thereafter. Fees can be deferred for one session only, and course fees paid will not be refunded. Participants are not allowed to attend a different course/subject for an approved deferral request. 6. Participants may withdraw from their course by giving a written notice of not less than one week prior to the commencement date. The refund policy of the Centre will apply. 7. BIBF reserves the right to change the fee structure without prior notice. Required Documents to be Attached 1. Scanned copy of proof of experience (From the current/previous employer) 2. Scanned copy of qualification (a university degree from a recognized university) 3. The course dates (please provide 3 options in the order of your preference) 4. Company details (CR Number, Business address, website address) FOR BIBF OFFICE USE ONLY INFORMATION DESK Receipt Number Amount Date Comments Information Desk Attendant Signature REGISTRATION OFFICE Student ID Registered By Date Comments BIBF Application Fee (Non-refundable) BD 25 Please forward this form to: The Registrar, BIBF, PO Box 20525, Manama, Kingdom of Bahrain / realestate@bibf.com

12 For Information Please contact Real Estate Regulatory Authority (+973) For Registration Please contact the Centre for Banking (+973) / realestate@bibf.com Supported by In Strategic Partnership with