Educational requirements for application of a Licence
- Cost: $1655.00
Real Estate Agent Licence
The NSW Real Estate Training College is a leading provider of training in the NSW and QLD real estate industry offering flexible online learning where students study in their own time, at their own pace. All course material is accessible via our website ensuring students receive the latest most up to date information.
Course outcomes and pathways
Successful completion of this course will give you with the educational requirements needed for application of a Real Estate Agents Licence with the NSW Office of Fair Trading.
Being a holder of a NSW Real Estate Agents Licence can provide you with many benefits including owning and operating your own real estate agency or employment as a Licensee.
Students undertaking the course take approximately 6 to 10 weeks to finish. However, there is no time restriction, students may choose to complete studies sooner.
A Statement of Attainment plus Academic Transcript will be issued to students upon completion of the course.
Successful completion of the twenty four (24) modules comprising the Real Estate Agents License - Property Development and Management course:
- CPPDSM4007A - Identify legal and ethical requirements of property management to complete agency work
- CPPDSM4008A - Identify legal and ethical requirements of property sales to complete agency work
- CPPDSM4009A - Interpret legislation to complete agency work
- CPPDSM4015A - Minimise agency and consumer risk
- CPPDSM4080A - Work in the real estate industry
- CPPDSM4003A - Appraise property
- CPPDSM4004A - Conduct auction OR
- CPPDSM4020A - Present at tribunals
- CPPDSM4005A - Establish and build client-agency relationships
- CPPDSM4006A - Establish and manage agency trust accounts
- CPPDSM4010A - Lease property
- CPPDSM4011A - List property for lease
- CPPDSM4012A - List property for sale
- CPPDSM4013A - Market property for lease
- CPPDSM4014A - Market property for sale
- CPPDSM4016A - Monitor and manage lease or tenancy agreement
- CPPDSM4017A - Negotiate effectively in property transactions
- CPPDSM4019A - Prepare for auction and complete sale
- CPPDSM4022A - Sell and finalise the sale of property by private treaty
- CPPDSM4049A - Implement maintenance plan for managed properties
- CPPDSM4056A - Manage conflict and disputes in the property industry
- BSBRKG304B - Maintain business records
- BSBSMB406A - Manage small business finances
- BSBLED401A - Develop teams and individuals
- CPPDSM4001A - Act as a buyer's agent
will enable the learner to gain recognition of prior learning, thus reducing the Business Agents License programme modules and the Stock and Station Agents License programme. College staff can assist you in determining the pathways that are most appropriate for your career plan.
Students undertaking the course take approximately 4 - 6 weeks to finish. However, there is no time restriction, students may choose to complete studies sooner.
Legislative and licensing requirements
All applicants for a personal licence must satisfy the Commissioner for Fair Trading that he/she is:
- at least 18 years of age
- a fit and proper person to hold a licence. Any person in partnership with a licensee in a property agency must also be a fit and proper person
- has the qualifications required for the licence
- is not a disqualified person
- has paid the relevant contribution to the Property Services Compensation Fund.
The Act defines a real estate agent as a person (whether or not the person carries on any other business), who for reward (whether monetary or otherwise), carries on business as an auctioneer of land or as an agent:
- for a real estate transaction – ie. the purchase, sale, exchange, lease, assignment or other disposal of land, whether or not an auction is involved or
- for inducing or attempting to induce or negotiating with a view to inducing any person to enter into, or to make or accept an offer to enter into, a real estate transaction or a contract for a real estate transaction or
- for the introduction, or arranging for the introduction, of a prospective purchaser, lessee or licensee of land to another licensed agent or to the owner, or the agent of the owner, of land or
- collecting rents payable in respect of any lease of land and otherwise providing property management services in respect of the leasing of any land or
- for the sale or purchase of rural land with an area of up to 20 hectares or
- for a buyer or
- for the sale of residential premises in a retirement village.
A licence holder who wishes to act solely as a buyer’s agent may have a condition placed on their licence noting that they may only act as a buyer's agent.
The cost of applying for a Licence with the Office of Fair Trading is $443.00 (as of July 2010)
Training and assessment
There are a combination of assessment activities and tasks requiring written responses. Activities require short answers and are designed to test knowledge. Assessment tasks provide scenario’s that require you to demonstrate you can transfer the knowledge into relevant workplace situations.
Completed assignments are uploaded onto the website for marking – there is a 2mg upload limited, or you can email your assignment to us.
Assessment is competency based, ie you are either competent or not yet competent. Assessment is conducted within approximately 48 hours of submission.
You may be eligible for recognition of prior learning (RPL). RPL is the formal recognition that your current knowledge and skills meet the requirements of a given unit of competency. It does not matter how you achieved your current level of knowledge and competence – formal training, on-the-job training, self study, work experience, life experience. What does matter is that you are able to provide evidence that your knowledge and competence meet the requirements of a particular unit of competency (competency standard). When you have provided this evidence and it has been accepted as proving your knowledge and skill in a particular area, you will be given credit for a specific competency without having to engage in further study. For further information, please review the RPL application form located in main menu.
Client support servicesIf you find you need assistance you are welcome to contact us by email or take advantage of our 24 hour, 7 days a week student phone support. We also provide mentoring service and assistance in the areas of language, literacy and numeracy.
How do I enrol?
- Create a new account, or log on if you have a username and password
- Submit payment
- Complete an enrolment form (located in the main menu)
Need more information?
For further information on the College, programmes offered and College policies, please refer to the ‘Student Handbook’ located in main menu of our website.
Or call us 02 9987 2322.
- Cost: $1225.00
Buyers Agent Licence
The NSW Real Estate Training College is a leading provider of training in the real estate industry offering flexible online learning where students study in their own time, at their own pace. All course material is accessible via our website ensuring students receive the latest most up to date information.
Course outcomes and pathways
Successful completion of this course will give you with the educational requirements needed for application of a Buyer's Agents Licence with the NSW Office of Fair Trading.
Students undertaking the course take approximately 4 to 6 weeks to finish. However, there is no time restriction, students may choose to complete studies sooner.
A Statement of Attainment plus Academic Transcript will be issued to students upon completion of the course.
Successful completion of the following modules from the Property Services Training Package (CPP07) are required and allow the holder to act only as a buyer's agent:
- CPPDSM4001A - Act as a buyer's agent
- CPPDSM4003A - Appraise property
- CPPDSM4005A - Establish and build client-agency relationships
- CPPDSM4080A - Work in the real estate industry
- CPPDSM4015A - Minimise agency and consumer risk
- BSBLED401A - Develop teams and individuals
- CPPDSM3019A - Communicate with clients as part of agency operations
- CPPDSM4008A - Identify legal and ethical requirements of property sales to complete agency work
- CPPDSM4022A - Sell and finalise the sale of property by private treaty
Legislative and licensing requirements
All applicants for a personal licence must satisfy the Commissioner for Fair Trading that he/she is:
- at least 18 years of age
- a fit and proper person to hold a licence. Any person in partnership with a licensee in a property agency must also be a fit and proper person
- has the qualifications required for the licence
- is not a disqualified person
- has paid the relevant contribution to the Property Services Compensation Fund.
The Act defines a real estate agent as a person (whether or not the person carries on any other business), who for reward (whether monetary or otherwise), carries on business as an auctioneer of land or as an agent:
a) for a real estate transaction – ie. the purchase, sale, exchange, lease, assignment or other disposal of land, whether or not an auction is involved or
b) for inducing or attempting to induce or negotiating with a view to inducing any person to enter into, or to make or accept an offer to enter into, a real estate transaction or a contract for a real estate transaction or
c) for the introduction, or arranging for the introduction, of a prospective purchaser, lessee or licensee of land to another licensed agent or to the owner, or the agent of the owner, of land or
d) collecting rents payable in respect of any lease of land and otherwise providing property management services in respect of the leasing of any land or
e) for the sale or purchase of rural land with an area of up to 20 hectares or
f) for a buyer or
g) for the sale of residential premises in a retirement village.
A licence holder who wishes to act solely as a buyer’s agent may have a condition placed on their licence noting that they may only act as a buyer's agent.
The cost of applying for a Licence with the Office of Fair Trading is $443.00 (as of June 2010)
Training and assessment
There are a combination of assessment activities and tasks requiring written responses. Activities require short answers and are designed to test knowledge. Assessment tasks provide scenario’s that require you to demonstrate you can transfer the knowledge into relevant workplace situations.
Completed assignments are uploaded onto the website for marking – there is a 2mg upload limited, or you can email your assignment to us.
Assessment is competency based, ie you are either competent or not yet competent. Assessment is conducted within approximately 48 hours of submission.
You may be eligible for recognition of prior learning (RPL). RPL is the formal recognition that your current knowledge and skills meet the requirements of a given unit of competency. It does not matter how you achieved your current level of knowledge and competence – formal training, on-the-job training, self study, work experience, life experience. What does matter is that you are able to provide evidence that your knowledge and competence meet the requirements of a particular unit of competency (competency standard). When you have provided this evidence and it has been accepted as proving your knowledge and skill in a particular area, you will be given credit for a specific competency without having to engage in further study. For further information, please review the RPL application form located in main menu.
Fees
$1255.00*
$870.00* (Holder of a current Certificate of Registration)
* you may still be eligible for recognition of prior learning (RPL) thereby reducing your course duration and cost
Client support services
If you find you need assistance you are welcome to contact us by email or take advantage of our 24 hour, 7 days a week student phone support. We also provide mentoring service and assistance in the areas of language, literacy and numeracy.
How do I enrol?
- Create a new account, or log on if you have a username and password
- Submit payment
- Complete an enrolment form (located in the main menu)
Need more information?
For further information on the College, programmes offered and College policies, please refer to the ‘Student Handbook’ located in main menu of our website.
Or call us 02 9987 2322.
- Cost: $1660.00
NSW Business Agent Licence
This course is only available to those with direct access to a workplace.
The NSW Real Estate Training College is a leading provider of training in the QLD and NSW real estate industry offering flexible online learning where students study in their own time, at their own pace. All course material is accessible via our website ensuring students receive the latest most up to date information.
For licensing purposes, the work of a business agent includes the selling, buying or exchanging or disposing of businesses or professional practices and negotiating for the sale, purchase, exchange or disposition of businesses or professional practices or any share or interest in or concerning or the goodwill of or any stocks connected with businesses or professional practices. (Section 3 of the Property, Stock and Business Agents Act 2002 ).
Licensing requirements include providing the Office of Fair Trading with a Statement of Attainment or full qualification demonstrating achievement in all of the units of competency listed below:
- CPPDSM4006A Establish and manage agency trust accounts
- CPPDSM4015A Minimise agency and consumer risk
- CPPDSM4029A Appraise business
- CPPDSM4053A List business for sale
- CPPDSM4060A Negotiate sale and manage sale to completion or settlement
- CPPDSM4061A Obtain prospects for listing
- CPPDSM4069A Promote and market listed business
- CPPDSM4079A Work in the business broking sector
- BSBLED401A Develop teams and individuals
- BSBCUS401A Coordinate implementation of customer service strategies
- BSBSMB406A Manage small business finances
- CPPDSM4008A Identify legal and ethical requirements of property sales to complete agency work
Students undertaking the course take approximately 4 - 6 weeks to finish. However, there is no time restriction, students may choose to complete studies sooner.
Eligibility
All applicants for a personal licence must satisfy the Commissioner for Fair Trading that he/she is:
- at least 18 years of age
- a fit and proper person to hold a licence. Any person in partnership with a licensee in a property agency must also be a fit and proper person
- has the qualifications required for the licence
- is not a disqualified person
- has paid the relevant contribution to the Property Services Compensation Fund.
The cost of applying for a Licence with the Office of Fair Trading is $443.00 (as of June 2010)
Training and assessment
There are a combination of assessment activities and tasks requiring written responses. Activities require short answers and are designed to test knowledge. Assessment tasks provide scenario’s that require you to demonstrate you can transfer the knowledge into relevant workplace situations.
Completed assignments are uploaded onto the website for marking – there is a 2mg upload limited, or you can email your assignment to us.
Assessment is competency based, ie you are either competent or not yet competent. Assessment is conducted within approximately 48 hours of submission.
You may be eligible for recognition of prior learning (RPL). RPL is the formal recognition that your current knowledge and skills meet the requirements of a given unit of competency. It does not matter how you achieved your current level of knowledge and competence – formal training, on-the-job training, self study, work experience, life experience. What does matter is that you are able to provide evidence that your knowledge and competence meet the requirements of a particular unit of competency (competency standard). When you have provided this evidence and it has been accepted as proving your knowledge and skill in a particular area, you will be given credit for a specific competency without having to engage in further study. For further information, please review the RPL application form located in main menu.
Fees
$1660.00*
$1370.00* (Holder of a current Business Salesperson Certificate of Registration)
* you may still be eligible for recognition of prior learning (RPL) thereby reducing your course duration and cost
Client support services
If you find you need assistance you are welcome to contact us by email or take advantage of our 24 hour, 7 days a week student phone support. We also provide mentoring service and assistance in the areas of language, literacy and numeracy.
How do I enrol?
- Create a new account, or log on if you have a username and password
- Submit payment
- Complete an enrolment form (located in the main menu)
Need more information?
For further information on the College, programmes offered and College policies, please refer to the ‘Student Handbook’ located in main menu of our website.
Or call us 02 9987 2322.
- Cost: $1350.00
On-Site Residential Property Manager Licence
The NSW Real Estate Training College is a leading provider of training in the NSW and QLD real estate industry offering flexible online learning where students study in their own time, at their own pace. All course material is accessible via our website ensuring students receive the latest most up to date information.
Course outcomes and pathways
For licensing purposes the work of an onsite residential property manager generally includes carrying on business as an agent for:
Students undertaking the course take approximately 6 to 10 weeks to finish. However, there is no time restriction, students may choose to complete studies sooner.
A Statement of Attainment plus Academic Transcript will be issued to students upon completion of the course.
In order to qualify for an On-Site Residential Property Manager Licence, persons must provide evidence of attaining the following 10 units of competency. These units of competency come from the Property Services Training Package (CPP07) but do not make up a full qualification. The underpinning knowledge must be based on New South wales law.
- CPPDSM3019A - Communicate with clients as part of agency operations
- CPPDSM4080A Work in the real estate industry.
- CPPDSM4005A Establish and build client - agency relationships
- CPPDSM4006A Establish and manage agency trust accounts
- CPPDSM4007A Identify legal and ethical requirements of property management to complete agency work
- CPPDSM4010A Lease property
- CPPDSM4015A Minimise agency and consumer risk
- CPPDSM4016A Monitor and manage lease or tenancy agreement
- BSBRKG304B Maintain business records
- BSBLED401A Develop teams and individuals.
Students undertaking the course take approximately 2 - 4 weeks to finish. However, there is no time restriction, students may choose to complete studies sooner.
Legislative and licensing requirements
All applicants for a personal licence must satisfy the Commissioner for Fair Trading that he/she is:
- at least 18 years of age
- a fit and proper person to hold a licence. Any person in partnership with a licensee in a property agency must also be a fit and proper person
- has the qualifications required for the licence
- is not a disqualified person
- has paid the relevant contribution to the Property Services Compensation Fund.
The cost of applying for a Licence with the Office of Fair Trading is $443.00 (as of June 2010)
Training and assessment
There are a combination of assessment activities and tasks requiring written responses. Activities require short answers and are designed to test knowledge. Assessment tasks provide scenario’s that require you to demonstrate you can transfer the knowledge into relevant workplace situations.
Completed assignments are uploaded onto the website for marking – there is a 2mg upload limited, or you can email your assignment to us.
Assessment is competency based, ie you are either competent or not yet competent. Assessment is conducted within approximately 48 hours of submission.
You may be eligible for recognition of prior learning (RPL). RPL is the formal recognition that your current knowledge and skills meet the requirements of a given unit of competency. It does not matter how you achieved your current level of knowledge and competence – formal training, on-the-job training, self study, work experience, life experience. What does matter is that you are able to provide evidence that your knowledge and competence meet the requirements of a particular unit of competency (competency standard). When you have provided this evidence and it has been accepted as proving your knowledge and skill in a particular area, you will be given credit for a specific competency without having to engage in further study. For further information, please review the RPL application form located in main menu.
Fees
$1350.00*
$1025.00* (Holder of a current Certificate of Registration)
* you may still be eligible for recognition of prior learning (RPL) thereby reducing your course duration and cost
Client support services
If you find you need assistance you are welcome to contact us by email or take advantage of our 24 hour, 7 days a week student phone support. We also provide mentoring service and assistance in the areas of language, literacy and numeracy.
How do I enrol?
- Create a new account, or log on if you have a username and password
- Submit payment
- Complete an enrolment form (located in the main menu)
Need more information?
For further information on the College, programmes offered and College policies, please refer to the ‘Student Handbook’ located in main menu of our website.
Or call us 02 9987 2322.
- giving possession of residential premises under a lease, licence or other contract or arrangement, or
- collecting bonds, deposits, rents, fees or other charges in connection with any such lease, licence or other contract or arrangement. (Section 3 of the Property, Stock and Business Agents Act 2002).
- Cost: $2995.00
Stock and Station Agent Licence
The NSW Real Estate Training College is a leading provider of training in the NSW and QLD real estate industry offering flexible online learning where students study in their own time, at their own pace. All course material is accessible via our website ensuring students receive the latest most up to date information.
Course outcomes and pathways
Successful completion of this course will give you with the educational requirements needed for application of a Stock and Station Agents Licence with the NSW Office of Fair Trading.
For licensing purposes, the work of a stock and station agent includes:
- performing the functions of a stock and station agent in relation to rural land (greater than 20 hectares) as per section 3 of the Property, Stock and Business Agents Act 2002
- performing a livestock transaction (the purchase, sale or other disposal of livestock, whether or not an auction is involved) or
- inducing or attempting to induce or negotiating with a view to inducing any person to enter into, or to make or accept an offer to enter into, a livestock transaction or a contract for a livestock transaction or
- providing agistment for livestock or collecting of fees for the agistment of livestock.
A Statement of Attainment plus Academic Transcript will be issued to students upon completion of the twenty three (23) modules comprising the Stock and Station Agents License course:
- CPPDSM4008A Identify legal and ethical requirements of property sales to complete agency work
- CPPDSM4009A Interpret legislation to complete agency work
- CPPDSM4015A Minimise agency and consumer risk
- CPPDSM4021A Sell and finalise the sale of rural property by private treaty
- CPPDSM4024A Advise clients on livestock sale and purchase options
- CPPDSM4039A Conduct livestock sale by auction
- CPPDSM4052A List and market rural property for sale or lease
- CPPDSM4067A Plan for and complete the sale of rural property by auction
- CPPDSM4068A Prepare livestock for sale at saleyards
- CPPDSM4075A Select livestock for sale
- CPPDSM4077A Sell livestock by private sale
- CPPDSM4081A Work in the stock and station agency sector.
- CPPDSM4005A Establish and build client - agency relationships
- CPPDSM4006A Establish and manage agency trust accounts
- CPPDSM4037A Conduct auction of rural property
- CPPDSM4007A Identify legal and ethical requirements of property management to complete agency work
- CPPDSM4030A Appraise rural property
- CPPDSM4051A Lease rural property
- CPPDSM4073A Provide rural property management services.
- BSBSMB406A Manage small business finances
- BSBLED401A Develop teams and individuals
- CPPDSM4056A Manage conflicts and disputes in the property industry
- CPPDSM3019A Communicate with clients as part of agency operations.Legislative and licensing requirements
All applicants for a personal licence must satisfy the Commissioner for Fair Trading that he/she is:
- at least 18 years of age
- a fit and proper person to hold a licence. Any person in partnership with a licensee in a property agency must also be a fit and proper person
- has the qualifications required for the licence
- is not a disqualified person
- has paid the relevant contribution to the Property Services Compensation Fund.
The cost of applying for a Licence with the Office of Fair Trading is $443.00 (as of June 2010)
Training and assessment
There are a combination of assessment activities and tasks requiring written responses. Activities require short answers and are designed to test knowledge. Assessment tasks provide scenario’s that require you to demonstrate you can transfer the knowledge into relevant workplace situations.
Completed assignments are uploaded onto the website for marking – there is a 2mg upload limited, or you can email your assignment to us.
Assessment is competency based, ie you are either competent or not yet competent. Assessment is conducted within approximately 48 hours of submission.
You may be eligible for recognition of prior learning (RPL). RPL is the formal recognition that your current knowledge and skills meet the requirements of a given unit of competency. It does not matter how you achieved your current level of knowledge and competence – formal training, on-the-job training, self study, work experience, life experience. What does matter is that you are able to provide evidence that your knowledge and competence meet the requirements of a particular unit of competency (competency standard). When you have provided this evidence and it has been accepted as proving your knowledge and skill in a particular area, you will be given credit for a specific competency without having to engage in further study. For further information, please review the RPL application form located in main menu.
Fees
$2995.00*
$2670.00* (Holder of a current Stock and Station Certificate of Registration)
$1740.00* (Holder of a current Real Estate Agents Licence)
* you may still be eligible for recognition of prior learning (RPL) thereby reducing your course duration and cost
Client support services
If you find you need assistance you are welcome to contact us by email or take advantage of our 24 hour, 7 days a week student phone support. We also provide mentoring service and assistance in the areas of language, literacy and numeracy.
How do I enrol?
- Create a new account, or log on if you have a username and password
- Submit payment
- Complete an enrolment form (located in the main menu)
Need more information?
For further information on the College, programmes offered and College policies, please refer to the ‘Student Handbook’ located in main menu of our website.
Or call us 02 9987 2322.