Licence

REINSW delivers the units of competency required within the CPP40307 Certificate IV Property Services (Real Estate) qualification via the Real Estate Licence clusters.

In order to receive the qualification, you must successfully complete 24 units of competency. The Real Estate Licence clusters comprise of 21 units of competency.

The three (3) outstanding units of competency are completed as part of your Certificate of Registration. These are:

• CPPDSM4080A – Work in the real estate industry
• CPPDSM4008A – Identify legal and ethical requirements of property sales to complete agency work
• CPPDSM4007A – Identify legal and ethical requirements of property management to complete agency work

• List and Market Property
  • CPPDSM4003A – Appraise property
  • CPPDSM4011A – List property for lease
  • CPPDSM4012A – List property for sale
  • CPPDSM4013A – Market property for lease
  • CPPDSM4014A – Market property for sale
• Property Sales
  • CPPDSM4019A Prepare for auction and complete sales
  • CPPDSM4022A Sell and finalise the sale of property by private treaty
• Property Management
  • CPPDSM4010A Lease property
  • CPPDSM4016A Monitor and manage lease or tenancy agreement
  • CPPDSM4049A Implement maintenance plan for managed properties
• Client Relationships
  • CPPDSM4005A Establish and build client-agency relationships
  • CPPDSM4056A Manage conflict and disputes in the property industry
  • CPPDSM4017A Negotiate effectively in property transactions
• Trust Accounting
  • CPPDSM4006A Establish and manage agency trust accounts
• Risk Management
  • CPPDSM4009B Interpret legislation to complete agency work
  • CPPDSM4002A Apply knowledge of state and territory legislative and regulatory framework to complete agency work
  • BSBLED401 Develop teams and individuals
  • CPPDSM4015B Minimise agency and consumer risk
• Keeping the Books
  • BSBRKG304 Maintain business records
  • BSBSMB406 Manage small business finances

• CPPDSM4004A Conduct auction

OR

• CPPDSM4020A Present at tribunals

The total course fee for the CPP40307 Certificate IV in Property Services (Real Estate) qualification is $2,950.

This fee is GST exempt and includes all training and assessment required for completion of the qualification.

Course fee instalments
As a Registered Training Organisation (RTO), REINSW is required under the Standards for RTOs 2015 to provide a financial guarantee to all learners. This requirement means that REINSW regulates the amount prepaid by learners prior to commencement of the qualification.

When you enrol in the CPP40307 Certificate IV in Property Services (Real Estate) qualification, you will be required to pay the course fee in two instalments:

• Instalment 1: $1,500
  The first instalment is required to be paid prior to commencing the first four clusters of units under the qualification.


• Instalment 2: $1,450
  The second instalment is required to be paid prior to commencing the second four cluster of units under the qualification.







 
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To enrol in the CPP40307 Certificate IV in Property Services (Real Estate) qualification, please click on the 'shopping cart' icon for the relevant course tile at the top of the page.

Assessment activities are provided on a per cluster basis. Learners should expect to spend 1-3 hours out of class in order to complete each assessment. This time is provided as an indication only, as it will vary from learner to leaner depending on skills and knowledge.

Throughout the duration of CPP40307 Certificate IV in Property Services (Real Estate) qualification, and after completion of the course, REINSW expert trainers are available to provide support to learners should they require assistance with any part of their learning.

The assessment marking process takes four weeks from the date an assessment is received by REINSW. This timeframe is made up of two weeks marking time plus two weeks administrative processing. In most instances, results are released inside of this timeframe.

Learners are welcome to contact REINSW Training after three weeks to verbally gain their assessment result.

REINSW offers Recognition for Prior Learning (RPL). RPL requires learners to undertake a series of assessments for a qualification or units of competency. These are aligned to an individual’s previous learning and are deemed equivalent to the learning outcomes of the components of the qualification or unit(s) of competency, being obtained through this process.

RPL is a complex and rigorous assessment method. REINSW recommends this assessment method be investigated as an option for individuals who are currently working in the real estate industry or hold current qualifications or units of competency relating to the real estate industry. REINSW requires individuals who are producing evidence for this assessment method, to provide current evidence. Under REINSW's RPL policy, current evidence must be within 12 months and all evidence supplied must meet current industry standards.

For information on RPL please email rpl@reinsw.com.au.

All course cancellations must be in writing. Learner substitution may be made at any time prior to course commencement at no cost. Courses are run subject to sufficient numbers. As per the REINSW Learner Handbook, Learners have twelve (12) months to complete their study, at which time a re-enrolment fee will apply.

It's important for you to be aware of your rights and responsibilities of being a learner with the Real Estate Institute of New South Wales.

The Learner Handbook will provide you with information about our enrolment, training and assessment processes and information about payments, course changes, privacy and more.

Please read the Learner Handbook prior to your course enrolment.

Learner Handbook

For more information about the CPP40307 Certificate IV in Property Services (Real Estate) qualification, please contact REINSW Training on (02) 9264 2343 or email training@reinsw.com.au.