An Estate Agent Licence issued by Consumer Affairs Victoria (CAV) will allow you to work as a licensed estate agent in a sales, leasing, business broking, or stock and station role. You may run your own agency and hire agent’s representatives to work under your supervision.
This course is appropriate for those who are currently employed as a Victorian agents’ representative and have completed the CPP41419 Certificate IV in Real Estate Practice. Students currently registered under the superseded training requirements will need to complete a recognition of prior learning application before enrolling.
Successful completion of this course (CPP51122 Diploma of Property [Agency Management]) meets the educational requirements needed for application to Victoria Consumer Affairs (CAV) for an Estate Agent Licence. Applicants must also be able to demonstrate that they meet all other application requirements as set out by CAV.
A formal diploma qualification and transcript of results is issued to students upon successful course completion.
This course requires completion of 12 units of competency:
CPPREP5001 Manage compliance in the property industry
CPPREP5002 Establish and monitor property industry trust account management practices
CPPREP5003 Manage ethical practice in the property industry
CPPREP5004 Manage a safe workplace in the property industry
CPPREP5005 Manage teams in the property industry
CPPREP5006 Manage operational finances in the property industry
CPPREP5007 Develop a strategic business plan in the property industry
CPPREP5008 Market the property agency
CPPREP5010 Manage customer service activities in the property industry
BSBLDR522 Manage people performance
BSBOPS502 Manage business operational plans
BSBFIN501 Manage budgets and financial plans
There are no entry requirements for enrolling in this course.
To apply for a licence with the Victorian government, all applicants must:
be at least 18 years old;
not currently be disqualified from holding an estate agent's licence (or equivalent) anywhere in Australia or elsewhere, or the subject of an order by any regulatory body disqualifying you or the company from acting as an estate agent or equivalent;
not currently be insolvent under administration (bankrupt, debt agreements under Part IX or Part X);
within the last 10 years, not have been convicted or found guilty of a disqualifying offence involving fraud, dishonesty, drug trafficking or violence punishable by 3 months or more in prison. It must not be a spent conviction within the meaning of the Spent Convictions Act 2021 (Vic) or any equivalent law of a state or territory of Australia or of the Commonwealth;
not have had a claim admitted against you from the Victorian Property Fund or Estate Agents' Guarantee Fund.
Assessment by the College is competency-based. Competence implies that an individual demonstrates an understanding of the knowledge that is the basis of the practical task being carried out (i.e. having the required skills to carry out a specific role).
Student assignments are assessed based on whether or not the student has achieved the performance criteria for each element specified in the unit/s of competency they are undertaking (put simply, if you meet all of the learning criteria for a particular unit, you are competent in that unit). This method of assessment judges performance against a prescribed standard, not against other students. Students are assessed as 'Competent' or 'Not Yet Competent'.
Assignment submissions are assessed within five business days of submission. If your assessor grades your work as ‘Not Yet Competent’, they will provide feedback on what else they need you to address in your assignment before they can assess you as ‘Competent’. The best part? We don’t charge any resubmission fees for assessing, so you can resubmit as many times as you need to before being graded as ‘Competent’.
