Becoming a Class 2 Licenced Real Estate Agent
CPP41419 Certificate IV in Real Estate Practice
This course meets the academic requirements to apply for a Class 2 Property Real Estate Agent Licence in NSW issued by the NSW Office of Fair Trading
This qualification applies to people working in both residential and commercial property, including business broking, and stock and station transactions.
Staff who hold this qualification are commonly engaged with:
- analysing data, industry intelligence and leads to identify prospects
- developing, building and maintaining relationships with lessors, tenants, vendors and buyers
- providing advice to lessors, tenants, vendors and buyers on the sale, purchase or lease of commercial, residential, stock and station, and property real estate
- implementing systems, forms and documents to ensure real estate agency transactions are compliant with regulatory requirements; managing risk to agency and agent, and demonstrating high standards of ethical practice
- transacting, accessing, and preserving the integrity of trust accounts to minimise customer and agency risk
- establishing, maintaining, executing and concluding contracts with lessors, tenants, vendors and buyers, including by auction
- building and promoting the agency and individual brands
There are no entry requirements for this qualification. However, substantial work experience would be highly regarded. It is recommended that individuals should:
- be 18 years or older; and
- Have an intermediate level of computer skills and knowledge
- have access to a computer and internet
- have completed Year 11 or its equivalent with suitable English language skills
- For domestic students ONLY
- Auctioneer
- Stock and Station Agent
- Business Broker, Business Agent, Franchise Broker
- Property Manager, Body Corporate Manager
- Real Estate Agent
- Real Estate Representative, Real Estate Salesperson, Real Estate Sub-agent, Property Portfolio Officer, Buyer’s Agent
The course is designed to be completed within 63 Weeks, but students with prior industry experience or knowledge can complete the course earlier
Certificate IV in Real Estate Practice required by NSW Fair Trading for a Class 2 licence*
*NOTE: WIA does not guarantee that NSW Fair Trading will grant a certificate or licence. Applications for licensing are at the sole discretion of NSW Fair Trading.
Online
- Flexible learning 24/7 access
- Your portal is a great way to communicate with us and us to you
- You can complete the requirements for the course online
To be eligible for a Class 2 Property Real Estate Agent Licence in NSW,
you’ll need:
- to meet the NSW Fair Trading eligibility requirements
- evidence of your qualifications – Certificate IV in Real Estate Practice from WIA
- evidence of your experience
Please apply here:
https://www.service.nsw.gov.au/transaction/apply-individual-property-licence
5 Core Units
CPPREP4001 Prepare for professional practice in real estate
CPPREP4002 Access and interpret ethical practice in real estate
CPPREP4003 Access and interpret legislation in real estate
CPPREP4004 Establish marketing and communication profiles in real estate
CPPREP4005 Prepare to work with real estate trust accounts
13 Elective Units from Group A - Residential Property Sales, Group B - Residential Property Management and Group D – Auctioneering:
CPPREP4101 Appraise property for sale or lease
CPPREP4102 Market property
CPPREP4103 Establish vendor relationships
CPPREP4104 Establish buyer relationships
CPPREP4105 Sell property
CPPREP4121 Establish landlord relationships
CPPREP4122 Manage tenant relationships
CPPREP4123 Manage tenancy
CPPREP4124 End tenancy
CPPREP4125 Transact in trust accounts
CPPREP4161 Undertake pre-auction processes
CPPREP4162 Conduct and complete sale by auction
CPPREP4163 Complete post-auction process and contract execution
