Real Estate Agent License Distance Programs

Description

Eligibility

This program is available for both Victorian and New South Wales agents. There are different unit requirements in each State, but the process for registration is the same.

NSW Real Estate Agent licence application requirements can be found at this link.

Victorian Estate Agent Licence application requirements can be found at this link.

We will ask you to provide a portfolio of evidence demonstrating your experience as a real estate professional, as part of the requirements for entry to this program.

There is a formal Recognition of Prior Learning (RPL) assessment process that seeks to recognise the skills and knowledge you have already gained in your life and career. We use competency based principles of validity, reliability, flexibility and, above all, fairness in assessing RPL.

Experience outside the property industry can also be considered in this process. Identified “gaps” in the individual participant’s program will provide the basis for determining what units will need to be completed by Distance mode, with tutorial assistance available by phone and/or email.

For NSW agents: NSW Fair Trading have prescribed 15 out of the 18 units from the CPP41419 Certificate IV in Real Estate Practice required to become a Class 2 Real Estate Agent in NSW.

There is a requirement that applicants for the Class 2 Licence have been an Assistant Agent for a minimum of 1 year. The Assistant Agent program covers the five (5) Core units of CPP41419, and a minimum of three (3) units from the Cert IV course are undertaken each year as the CPD requirements. The remaining three (3) units should be discussed with MRT Training and should be based around the particular interests and job requirements of the individual candidate.

NSW agents are not able to enrol in the “old” CPP40307 Certificate IV in Property Services (Real Estate).

For Victorian agents: the 24 units are fully prescribed by Consumer Affairs Victoria from the CPP40307 Certificate IV in Property Services (Real Estate). There are no electives/options for the program, and candidates must be assessed as competent in all 24 prescribed units to be eligible for the Certificate IV in Property Services (Real Estate) for the Victorian Estate Agents’ Licence  program.

In Victoria, it is a condition of the Estate Agent’s Licence being issued, that a person has been an Agent’s Representative for a minimum of one (1) year.

New licensing requirements have been notified for Victoria to come into force in 2021 – and outlined in the link above.

Prerequisites

The portfolio for RPL could include the following:

Note: It is our preference that applicants for this course are industry operatives, with at least 1 full year experience.

• A copy of your current authority to act as an agent (Victorian Agent’s Representative transcript or the transcript for the NSW Assistant Agent units).
• Letters from at least 2 Licensed Real Estate Agents (who have known you in a professional capacity for at least 1 year and can verify your current industry experience and suitability to be a Real Estate Licence holder. These letters should include the agent’s licence number)
• A CV or resume detailing your work experience record for the past 5 years (this should be a brief overview)
• A spreadsheet with your property listings for the past 6 months
• Client testimonials with specific reference to you
• A selection of your marketing and advertising material (for private treaty, auction sales and/or leasing brochures, newspaper advertisements, and other promotional material)*NB that a sample listing presentation (if you use one) will likely include sample marketing materials, client testimonials and some current or previous listings – there is no need to “double up”.

Duration

The CPP40307 Certificate IV in Property Services (Real Estate) and the CPP41419 Certificate IV in Real Estate Practice programs are each estimated to take the average candidate between 6 – 12 months to complete. The amount of time will vary depending on the individual candidate’s specific knowledge and experience in the industry.

Assessment

Assessment is continuous throughout the program using competency based strategies. You will be assessed as ‘competent’ or ‘not yet competent’ based on your submissions of the assessment activities for each of the units required to be completed. Your assessment outcome will be provided within the two weeks following the program.

The USI (Unique Student Identifier) must be inserted on the Registration Form before any completion documentation can be issued by the RTO.

Included in this course

All training manuals, assessments and tutorial support.

Fees

The full fee for this course is $2,750.00. The amount is payable in 2 instalments – the first instalment of $1,500 is to be paid prior to commencement, and the balance ($1,250.00) is payable before the final documentation (Certificate IV) is issued upon successful completion of the course.

Qualification

Successful completion of the program will result in the participant being issued a CPP40307 Certificate IV in Property Services (Real Estate) – for Victorian requirements – and a CPP41419 Certificate IV in Real Estate Practice – for NSW requirements – by MRT Training, RTO 41529.

Participant Handbook

The  MRT Participant Handbook is an essential guide for candidates of accredited courses and sets out the policies and procedures for all who undertake a course of study with MRT Training. All course participants should ensure they are familiar with the contents before registering or enrolling in one of our courses.