Real estate, business and conveyancing agents

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).

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

  • CPP51122 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)
  • develop a marketing and service strategy in real estate (CPPREP5009)
  • manage customer service activities in the property Industry (CPPREP5010)
  • manage business operational plans (BSBLDR502)
  • provide leadership across the organisation (BSBPOPS602)
  • contribute to the development of employee and industrial relation strategies (BSBHRM612).

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 CPP51119 Diploma of Property Services (Agency Management), you can get this recognised.

You must have completed all of the following units:

  • 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)
  • Develop a marketing and service strategy in real estate (CPPREP5009)
  • Manage customer service activities in the property industry (CPPREP5010)
  • Manage employee relations (BSBHRM604)
  • Manage operational plan (BSBMGT517)
  • Provide leadership across the organisation (BSBMGT605)

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

The Australian 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

Connect Skills Institute
admin@connectskillsinstitute.edu.au
Phone: 1300 206 632
https://connectskillsinstitute.edu.au/

RTOs can request to have their details added or updated.

Contact

For more information, contact Occupational and Industry Licensing by emailing propertyagents.licensing@nt.gov.au or call 1800 193 111.

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