NSW Class 1 Licence course

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Please note, Vision Training is not yet approved to deliver this course. This article is for generaly information only. Vision Training is currently handling enquiries and the course can/will be dilivered and assessed by MRT Training RTO41529.

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Once you have completed the Class 2 Licence course, you may start learning the Class 1 Licence course. You can only apply to NSW Fair Trading for Class 1 Licence after 24 months from the time your Class 2 Licence is granted. A Class 1 Licence holder may set up a real estate agency, be nominated as a Licensee in Charge, and manage trust accounts.

NSW Class 1 Real Estate Licence course is a Diploma-level qualification and has 12 units of competencies which is part of the Australian National Accredited Course CPP51119. The graduation certificate is called the Diploma of Property (Agency Management). NSW Fair Trading issues the Class 1 Real Estate Agent Licence and then the agent is called a Class 1 Real Estate Agent. A work experience logbook is required by NSW Fair Trading to verify the industry experience of the person applying for the Class 2 licence. This must be provided when the application for the licence is made.

Online learning

Students will receive a PDF learner’s guide and assessments for each unit of competency. Learning may start anywhere anytime. Assessments only, no exams. Online learning is the only course delivery mode for now, but it comes with complimentary learning support as follows.

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1. 4 days online video conference. Live video conference training that can be watched on your computer or mobile. There must be at least 5 students learning at the same time to run this training.

2. Pre-recorded video. A set of pre-recorded video clips of the same face to face training will be sent to students to watch anywhere anytime. English and Mandarin version is available.

Length of the course

Live video conference and the pre-recorded video lasts for about 25 hours. It is anticipated that this Diploma program will take the average learner at least 1 year to complete, given the experience requirements for this course. On average, a student will need to spend 20-30 hours per unit to meet the competency/experience requirements to complete the assessments. (Self-study is needed depending on the student's ability and willingness to learn). It will then take 1 to 2 weeks to process and issue the Diploma of Property Services (Agency Management). Application to NSW Fair Trading usually takes 2 more weeks to be processed.

Eligibility to enrol in the course

1. Already completed the NSW Class 2 Real Estate Agent course,

2. Over 18 years of age,

3. Language, literacy, numeracy,

4. Basic skills in computer, typing, email,

5. Hold a Class 2 Agent licence,

6. Note. There is NO requirement on your nationality, VISA status or location of your residence to enrol in the course.

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Eligibility to apply to NSW Fair Trading

You must meet the following conditions before applying to NSW Fair Trading to upgrade from a Class 2 Agent to a Class 1 Agent.

1. Completed the NSW Class 1 Agent course and received the Diploma of Property Services (Agency Management) issued by your training organisation.

2. 2 years of work experience as a Class 2 Agent in a real estate agency.

3. Evidence of Work Experience – Log Book, signed off by the Licensee in Charge of the real estate agency where you are employed. The Log Book can be downloaded from the NSW Fair Trading website.

For more information, please refer to the student handbook.

Note you will pay a separate fee to the NSW Fair Trading when applying for a Certificate or Licence. For more information, please visit the NSW Fair Trading website.

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