NSW Buyers Agent Licence
Buyers Agent Licence
The NSW Real Estate Training College is a leading provider of training in the Australian real estate industry. We offer flexible online learning where you study in your own time, at your own pace. All course material is accessible via our website ensuring students receive the most up to date information
Course outcomes and pathways
Successful completion of the Buyers Agent Licence course meets the educational requirements needed for application to the NSW Office of Fair Trading for a Buyers Agent Licence.
The course contains the following units of competency and upon completion students are awarded a Statement of Attainment:
CPPDSM4001A - Act as a buyer's agent
CPPDSM4003A - Appraise property
CPPDSM4005A - Establish and build client-agency relationships
CPPDSM4080A - Work in the real estate industry
CPPDSM4015B - Minimise agency and consumer risk - supersedes and equivalent to CPPDSM4015A
BSBLED401A - Develop teams and individuals
CPPDSM3019B - Communicate with clients as part of agency operations - supersedes and equivalent to CPPDSM3019A
CPPDSM4008A - Identify legal and ethical requirements of property sales to complete agency work
CPPDSM4022A - Sell and finalise the sale of property by private treaty
Students undertaking the course take approximately 4 to 6 weeks to finish.However, there is no time restriction and you may choose to complete studies in more or less time.
Completion of this course will provide advanced standing in the Real Estate Agent Licence, Business Agent Licence and the Stock and Station Agent Licence programmes. College staff can assist you in determining the pathways that are most appropriate for your career plan.
Training and assessment
Course assessment is competency based. Competency-based assessment is largely activity-based and practical. However, competence also implies that an individual demonstrates an understanding of the knowledge that is the basis of the practical task being carried out.
There are a combination of assessment activities and tasks requiring written responses. Assessment tasks also contain scenarios that require you to demonstrate you can transfer knowledge into workplace situations.
Completed assignments are uploaded onto the website for marking – there is a 2MB upload limit - or you can email your assignment to us.
Assessment is usually conducted within approximately 48 hours of submission.
Recognition of prior learning
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.
Legislative and licensing requirements
For licensing purposes, the work of a "buyers agent" means a real estate agent whose licence is subject to a condition that restricts the holder to acting as a real estate agent for a prospective purchaser of land. (Section 3 of the Property, Stock and Business Agents Regulation 2003)
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 NSW Fair Trading is $520.00 in person and $499 online (as of July 2017).
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.
Macdonald Education Pty Limited (trading as The NSW Real Estate training College) is committed to protecting the privacy of all of our students. When we handle personal information we act in accordance with the provisions of the Privacy Act 1988 (Cth).
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.
Course Cost: 1225.00
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- Teacher: Murray Macdonald