Training for real estate and business agents

If you want to become a real estate agent or business agent in the Northern Territory (NT), you need to do a training course.

Training can only be delivered by a registered training organisation (RTO).

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To be a qualified real estate agent or business agent, you must complete the following:

  • CPP51119 Diploma of Property (Agency Management)
  • CPP41419 Certificate IV in Real Estate Practice or
    • have an NT unrestricted registration as an agent's representative.

Read below for more information.

Complete the units of the diploma

You will need to complete the following units of the Diploma of Property (Agency Management):

  • manage compliance in the property industry (CPPREP5001)
  • establish and monitor property industry trust account management practices (CPPREP5002)
  • manage ethical practice in the property industry (CPPREP5003)
  • manage a safe workplace in the property industry (CPPREP5004)
  • manage teams in the property industry (CPPREP5005)
  • manage operational finances in the property industry (CPPREP5006)
  • develop a strategic business plan in the property industry (CPPREP5007)
  • any five electives.

Complete the units of the certificate

If you don't have an NT unrestricted registration, you will need to complete the following units of the Certificate IV in Real Estate Practice:

  • prepare for professional practice in real estate (CPPREP4001)
  • access and interpret ethical practice in real estate (CPPREP4002)
  • access and interpret legislation in real estate (CPPREP4003)
  • establish marketing and communication profiles in real estate (CPPREP4004)
  • prepare to work with real estate trust accounts (CPPREP4005)
  • appraise residential property for sale or lease (CPPREP4101)
  • market property (CPPREP4102)
  • establish vendor relationships (CPPREP4103)
  • establish buyer relationships (CPPREP4104)
  • sell property (CPPREP4105)
  • establish landlord relationships (CPPREP4121)
  • manage tenant relationships (CPPREP4122)
  • manage tenancy (CPPREP4123)
  • end tenancy (CPPREP4124)
  • transact in trust accounts (CPPREP4125)
  • complete commercial property sale (CPPREP4203)
  • establish commercial property lease (CPPREP4204)
  • present at hearings in real estate (CPPREP4503).

If you have statements of attainment for the old CPP50307 Diploma of Property Services (Agency Management), you can get this recognised.

You must have completed all of the following units:

  • maintain and protect condition of managed properties (CPPDSM3008A)
  • work in the strata/community management sector (CPPDSM3017A)
  • appraise property (CPPDSM4003A)
  • establish and build client-agency relationships (CPPDSM4005A)
  • establish and manage agency trust accounts (CPPDSM4006A)
  • identify legal and ethical requirements of property management to complete agency work (CPPDSM4007A)
  • identify legal and ethical requirements of property sales to complete agency work (CPPDSM4008A)
  • interpret legislation to complete agency work (CPPDSM4009B)
  • lease property (CPPDSM4010A)
  • list property for lease (CPPDSM4011A)
  • list property for sale (CPPDSM4012A)
  • market property for lease (CPPDSM4013A)
  • market property for sale (CPPDSM4014A)
  • minimise agency and consumer risk (CPPDSM4015B)
  • monitor and manage lease or tenancy agreement (CPPDSM4016A)
  • negotiate effectively in property transactions (CPPDSM4017A)
  • prepare for auction and complete sale (CPPDSM4019A)
  • present at tribunals (CPPDSM4020A)
  • sell and finalise the sale of property by private treaty (CPPDSM4022A)
  • manage tenancy disputes (CPPDSM4046A)
  • implement maintenance plan for managed properties (CPPDSM4049A)
  • lease industrial, commercial and retail property (CPPDSM4050A)
  • manage conflict and disputes in the property industry (CPPDSM4056A)
  • negotiate sale and manage sale to completion or settlement (CPPDSM4060A)
  • work in the real estate industry (CPPDSM4080A)
  • develop a strategic business plan in the real estate industry (CPPDSM5012A)
  • manage budgets and financial plans (BSBFIM501)
  • support the recruitment, selection and induction of staff (BSBHRM405)

You can have a real estate agent or business agent licence restricted to the sales or property management functions.

To get a restricted licence, you must have completed the following:

  • the same units of competency that make up the CPP51119 Diploma of Property (Agency Management)
  • the units of competency relevant to the function within the CPP41419 Certificate IV in Real Estate Practice or
    • have an NT restricted registration as an agent’s representative in sales or property management.

Read below for more information.

Units of the diploma

You must have completed the same units of competency that make up the CPP51119 Diploma of Property (Agency Management):

  • manage compliance in the property industry (CPPREP5001)
  • establish and monitor property industry trust account management practices (CPPREP5002)
  • manage ethical practice in the property industry (CPPREP5003)
  • manage a safe workplace in the property industry (CPPREP5004)
  • manage teams in the property industry (CPPREP5005)
  • manage operational finances in the property industry (CPPREP5006)
  • develop a strategic business plan in the property industry (CPPREP5007)
  • any five electives.

Read below for more information.

Units of the certificate: sales functions

If you want to restrict your licence for sales functions, you must have completed the following units:

  • prepare for professional practice in real estate (CPPREP4001)
  • access and interpret ethical practice in real estate (CPPREP4002)
  • access and interpret legislation in real estate (CPPREP4003)
  • establish marketing and communication profiles in real estate (CPPREP4004)
  • prepare to work with real estate trust accounts (CPPREP4005)
  • appraise residential property for sale or lease (CPPREP4101)
  • market property (CPPREP4102)
  • establish vendor relationships (CPPREP4103)
  • establish buyer relationships (CPPREP4104)
  • sell property (CPPREP4105)
  • complete commercial property sale (CPPREP4203)

Units of the certificate: property management functions

If you want to restrict your licences for property management function, you must have completed the following units:

  • prepare for professional practice in real estate (CPPREP4001)
  • access and interpret ethical practice in real estate (CPPREP4002)
  • access and interpret legislation in real estate (CPPREP4003)
  • establish marketing and communication profiles in real estate (CPPREP4004)
  • prepare to work with real estate trust accounts (CPPREP4005)
  • appraise residential property for sale or lease (CPPREP4101)
  • market property (CPPREP4102)
  • establish landlord relationships (CPPREP4121)
  • manage tenant relationships (CPPREP4122)
  • manage tenancy (CPPREP4123)
  • end tenancy (CPPREP4124)
  • transact in trust accounts (CPPREP4125)
  • establish commercial property lease (CPPREP4204)
  • present at hearings in real estate (CPPREP4503).

You can use a unit of equivalent value to replace any of the above.

To find out more, go to the Australian Government's Department of Employment, Skills, Small and Family Business website.

You can reapply for the same category of licence with no evidence of training.

To be eligible, you must have had one of the following NT licences in the last three years:

  • real estate agent
  • business agent
  • both real estate and business agent
  • restricted real estate agent (sales)
  • restricted business agent (sales)
  • restricted both real estate and business agent (sales)
  • restricted real estate agent (property management)
  • restricted business agent (property management)
  • restricted both real estate and business agent (property management).

You can complete missing units from the old CPP50307 training package if you have an interstate qualification.

This training package will not be available from 30 September 2021.

You should check your qualifications.

For more information, contact Licensing NT or a registered training organisation.

You can complete your real estate and business training through one of the following RTOs.

NSW Real Estate Training College
trainnt@realestatetraining.com.au 
Phone: 02 9987 2322
www.realestatetraining.com.au

Real Estate Institute of the Northern Territory (REINT)
training@reint.com.au
Phone: 08 8981 8905
www.reint.com.au

RTOs can request to have their details added or updated.

For more information, contact Licensing NT by emailing agd.licensingnt@nt.gov.au.

Last updated: 11 October 2019

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