Successful completion of this course will provide students with the prescribed training reqirements needed to apply for a property manager registration with SA Consumer and Business Services (CBS) from 1 February 2019.
Upon completion, students are awarded a Statement of Attainment for the following units of competency:
- CPPDSM4007A Identify legal and ethical requirements of property management to complete agency work
- CPPDSM4009 Interpret legislation to complete work in the property industry
- CPPDSM4010A Lease property
- CPPDSM4011A List property for lease
- CPPDSM4013A Market property for lease
- CPPDSM4015B Minimise agency and consumer risk
- CPPDSM4016A Monitor and manage lease or tenancy agreement
- CPPDSM4017A Negotiate effectively in property transactions
- CPPDSM4020A Present at tribunals
CBS has advised:
Registration requirements for the real estate industry will not change until 28 September 2019 – however, property managers must complete the necessary training, apply and be granted a registration before this date to continue work.
CBS will start accepting applications for registration from February 2019. Property managers continuing to work unregistered after 28 September 2019 (and their employer, the registered land agent) may face penalties of up to $20,000.
Property managers are encouraged to plan ahead to ensure completion of the necessary training before mandatory registration. This means that CBS must assess and approve registrations by 28 September 2019.
Land agents should plan ahead and support their employees to undertake training over the next 12-18 months to ensure they and their business are compliant with the new requirements before mandatory registration.
CBS will continue to engage regularly with the real estate sector as we move towards mandatory registration on 28 September 2019.
For further information, please see the Property management reforms - CBS News page from the CBS website.
Training and assessment
There is a combination of assessment tasks that require written responses. These include:
- multiple choice questions
- short answer questions
- either 1 or 2 of the following:
- case study
- written demonstration
- workplace project
Students are assessed as 'Competent' or 'Not Yet Competent', based on whether or not they have met the performance criteria for each element specified in the unit of competency they are undertaking. This method of assessment judges performance against a prescribed standard, not against other students.
Assessment of students' work is conducted within approximately 48 hours of submission.
Student support services
We offer one-on-one mentoring for all students. If you are having trouble with a question, please feel welcome to call us (our telephones are answered 24 hours a day).
If you wish to contact one of our assessors directly, please be sure to call during business hours.
We also provide an online chat service which is monitored by our staff during business hours. You can access our chat service by clicking the Can we help you? Chat now! button, located at the bottom-right corner of our site page.
Macdonald Education Pty Ltd (trading as The NSW Real Estate Training College) is committed to protecting the privacy of all our students. When we handle personal information, we act in accordance with the provisions of the Privacy Act 1988 (Cth).
Course Cost: $990
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