How long will it take to complete this course?

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Within 4 months or less on average. The course is designed to be completed within 12 months, but students with prior industry experience or knowledge can complete the course earlier.

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Support duration

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Maximum 12 months

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Potential career outcomes

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Commercial Salesperson
Property Manager
Real Estate Consultant
Office Manager
Director
Sole Trader (Individual)

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Delivery Methods

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Online

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Assessments

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Multiple choice questions
Scenario-based questions
Short-answer questions
Project

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Units of Competency

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Agency Representative

CPPDSM4007A Identify legal and ethical requirements of property management to complete agency work

CPPDSM4008A Identify legal and ethical requirements of property sales to complete agency work

CPPDSM4080A Work in the real estate industry

Agency Practice

CPPDSM4001A Act as a buyers agent

CPPDSM4009B Interpret legislation to complete agency work

CPPDSM4015A Minimise agency and consumer risk

CPPDSM4005A Establish and build client–agency relationships

CPPDSM4056 Manage conflict and disputes in the property industry

Financial Responsibility

CPPDSM4006A Establish and manage agency trust accounts

BSBRKG304 Maintain business records

BSBSMB406 Manage small business finances

Sales Process

CPPDSM4003A Appraise property

CPPDSM4012A List property for sale

CPPDSM4014A Market property for sale

CPPDSM4022A Sell and finalise the sale of property by private treaty

Property Management Process

CPPDSM4010A Lease property

CPPDSM4011A List property for lease

CPPDSM4013A Market property for lease

CPPDSM4016A Monitor and manage lease or tenancy agreement

CPPDSM4018A Prepare and present property reports

CPPDSM4020A Present at tribunals

CPPDSM4049 Implement maintenance plan for managed properties

Auctioneer

CPPDSM4004A Conduct auction

CPPDSM4019A Prepare for auction and complete sale

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Requirements

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Are there any requirements to start this course?

There are no pre-requisites for undertaking this course.

What do I need to complete this course online?

You will require:

1. A personal computer, tablet or similar electronic device
2. Access to Microsoft Word and Excel or Google Docs and Sheets or Apple Pages and Numbers
3. A pdf reader like Adobe Acrobat Reader
4. An internet connection

What is the Student Handbook?

The Student Handbook sets out your rights and responsibilities as a student. Students are required to download and read the Brochure and Student Handbook. Both of these documents can be found on our website.

Upon the successful completion of an assessment, your answers will be marked within 21 business days. After all your assessments are completed you will receive a statement of attainment.

How do I apply to Consumer Affairs?

You must provide your employer with a copy of your statement of attainment and a police check.

Your employer is required to verify your eligibility and notify the Business Licensing Authority when you start work. For more information see: https://www.consumer.vic.gov.au/licensing-and-registration/estate-agents/agents-representatives

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Delivery Methods

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Online

1. You can complete the requirements for the course online
2. Flexible learning and 24/7 access
3. You save money
4. You will save time
5. Your portal is a great way to communicate with us and us to you
6. The PowerPoint has a voiceover opinion from me explaining what I think, which students find interesting
7. We have a Consumer Affairs learning manual full of fact sheets, rules of conduct and information from their website about agency practice
8. The answers are entered into your learning portal – so students don’t have to download the assessment, print out, fill out, scan-in and upload
9. Your statement or certificate is uploaded at the end of the course onto your portal for the student to access straight away
10. Your certificate will be accessible on your portal with the latest security features

Online + Workshop (currently suspended)

1. Gain a deeper understanding of the course and improve your personal skills.
2. The workshops are not necessary to attend to complete the course or attain the fundamental skills and knowledge.
3. The workshops are designed for additional face to face communication and the opportunity to hear first-hand, from experienced industry people. We love to inspire and shape good business habits. We can work with you to create the best ‘you’ in real estate. Our expert trainers will aim to improve you as a business person.
4. We practice inspecting properties, analysing data, listing paperwork used, marketing property and closing sales.
5. Our workshops run over 6 Monday evenings, held every fortnight 7pm – 9pm. Take a look at our calendar for an available slot.
6. After the workshop students then study at their own pace and submit their assessments online.
7. Additional workshops are available at $100 a day.
8. It’s not necessary to attend all workshops to complete the course.

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Payment Options

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Pay in full

If you pay your course fees up-front in full, you’ll benefit from a discount.

1. Visa, Mastercard, American Express debit or credit card
2. Paypal
3. Direct bank transfer

Payment Plan | Online

Pay for your online course in fortnightly instalments. Get learning straight away without breaking the bank. Our payment plan is interest-free.

1. Visa, Mastercard, and American Express debit or credit card

For more information regarding fees, please refer to the Student Fees Policy under the student resources tab in the main menu.

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How to become a fully licensed Real Estate agent in Victoria

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How old do I need to be to apply for a real estate agents’ licence?

21 years of age.

Do I need experience in VIC to apply for a real estate agents’ licence?

12 months registered as an agents representative on the public register.

If I have worked for an agent for 12 months before I can apply for an estate agents’ licence?

Yes, you can apply as soon as you have finished the course.

Does this course allow me to apply for an estate agents licence with Consumer Affairs?

Yes.

Does this licence allow me to open my own office?

Yes.

Can I work from home?

Yes.

Can I operate sales or property management and as a licensee in charge?

Yes.

Can I open and operate a real estate trust account?

Yes.

What does it cost to apply to Consumer Affairs, and do I renew annually?

Approximately $380 and it’s renewed annually.

Can I sell property in a state or territory next to the one I have a current real estate licence in?

Yes, you can up to a certain kilometre range of approximately 150 – 200 kilometres.

Can I sell or contract a real estate client in QLD or NSW whilst holding a current VIC Estate Agents Licence?

Unless it’s with 150-200 kilometres of the border, then you will need a licence in that state or territory.

How do I get one?

You can simply apply at the regulator’s website and tick mutual recognition application. You will need to provide a copy of your current estate agents licence, photo ID and in some states an AFP police report.

How long does Consumer Affairs take to process my licence application?

Approximately two weeks.

Can I start operating before I have a licence?

No.

Where can I find the forms agents use in everyday practice?

ADL forms are used in our courses and they are recommended based on quality, the number of forms and price.

Do I need insurance?

You are not required by law in Victoria to have professional indemnity insurance. It’s recommended to have 3 million in cover for aggregate claims and 1 million cover for single claims. The events listed in the legislation are advised to include in your policy to make sure you’re covered.

Make sure you inform the insurance company or broker you are either are or are not doing auctions, strata or body corporate work, holding trust money or property management. You can always adjust the policy as you go and this will help you save a few dollars along the way. If you need a hand finding that, let us know: admin@connectskillsinstitute.edu.au

If you’re applying for mutual recognition in another state, public liability insurance for 20 million is advisable.

Can I work on commission only with a real estate agents’ licence?

Yes.

Do I need to do any continuing professional development every year?

It’s not a legal requirement from Consumer Affairs, but it’s important to keep yourself up to date with changes.

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