Educational requirements for application of a Licence

  • NSW Real Estate Training College

    WA Real Estate Agent Licence

    About Us

    The NSW Real Estate Training College is a leading provider of training in WA, NSW,QLD and the ACT 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 WA Real Estate Agent Licence course – CPP50307 Diploma of Property Services (Agency Management)  - meets the educational requirements needed for application to the WA Department of Commerce for a Real Estate Agent Licence.

    Under the Act applicants are required to have at least two years continuous full-time experience in the real estate industry immediately preceding their application. Applicants must provide with the application form a signed, dated and detailed list of their experience with real estate activities and transactions, as well as a current resumé which details prior employment history.

    Being a holder of a WA Real Estate Agent Licence can provide you with many benefits, including owning and operating your own real estate agency or employment as a Licensee.

    Upon completion of the course students are awarded the qualification CPP50307 Diploma of Property Services (Agency Management).

    The qualification contains the following units of competency:

    • CPPDSM4080A Work in the real estate industry
    • CPPDSM4007A Identify legal and ethical requirements of property management to complete agency work
    • CPPDSM4009B Interpret legislation to complete agency work
    • CPPDSM4008A Identify legal and ethical requirements of property sales to complete agency work
    • CPPDSM4006A Establish and manage agency trust accounts
    • CPPDSM4015B Minimise agency and consumer risk
    • CPPDSM4003A Appraise property
    • CPPDSM4005A Establish and build client-agency relationships
    • CPPDSM4018A Prepare and present property reports
    • CPPDSM4011A List Property for Lease OR CPPDSM4012A List Property for Sale
    • CPPDSM4013A Market Property for lease OR CPPDSM4014A Market Property for sale
    • CPPDSM4017A Negotiate effectively in property transactions
    • CPPDSM4056A Manage conflict and disputes in the property industry
    • CPPDSM4010A Lease Property
    • CPPDSM4016A Monitor and manage lease or tenancy agreement
    • CPPDSM4022A Sell and finalise the sale of property by private treaty
    • CPPDSM4019A Prepare for auction and complete sale
    • BSBSMB406A Manage small business finances
    • CPPDSM4030A Appraise rural property
    • CPPDSM4079A Work in the business broking sector
    • CPPDSM4001A Act as a buyer's agent
    • BSBFIM501A Manage budgets and financial plans
    • BSBHRM402A Recruit, select and induct staff
    • BSBMGT502B Manage people performance
    • CPPDSM5012A Develop a strategic business plan in the real estate industry
    • CPPDSM5032A Market the agency

      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 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

      Applicants for an individual licence must:

      1. be at least 18 years old;
      2. be a person of good character and repute and a fit and proper person to hold a licence (see below);
      3. have access to sufficient assets and financial resources enabling them to comply with all the requirements of the Act; and
      4. understand fully the duties and obligations imposed upon agents by the Act.

      In Western Australia, individuals, partnerships or companies wishing to operate as real estate or business agents are required, under the Real Estate and Business Agents Act 1978, to be licensed and hold a current triennial certificate.

      For the purposes of licensing in WA the Real Estate and Business Agents Act a real estate transaction:

      (a)   means a sale, exchange, or other disposal and a purchase, exchange, or other acquisition of real estate and any exclusive right whether deriving from the ownership of a share or interest in a body corporate or partnership, or otherwise, to the use or occupation of real estate including the leasing, and letting, and the acquisition under lease or letting of tenancy or occupation of real estate; and

      (b)   includes any sale, exchange, or other disposal and any purchase, exchange, or other acquisition of goods, chattels or other property relating to a real estate transaction of a kind specified in paragraph and:

      - includes the collection of rents or other payments for use or occupation; and

      - also includes an option to enter into a real estate transaction;

      The cost of applying for Registration as a Real Estate Agent Licencee Holder with WA Department of Commerce is $1003.30 (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.

      Privacy Statement

      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: $2995.00

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