CPPREP5001 Manage compliance in the property industry
This unit outlines the competencies and understanding needed to assess, create, enforce, oversee, and assess compliance within the property sector.
CPPREP5002 Establish and monitor property industry trust account management practices
This unit outlines the competencies and knowledge necessary to set up and oversee management protocols for trust accounts within the property industry.
It encompasses accessing, comprehending, and interpreting regulatory guidelines for trust accounts in property agency practices, as well as establishing, monitoring, and evaluating the implementation of agency controls for opening, operating, monitoring, and closing trust accounts. This includes aspects such as delegating authority, ensuring security, and managing data effectively.
Additionally, this unit covers the skills and knowledge required to recognize and manage fraudulent practices affecting trust accounts.
It is applicable to industry professionals within the property sector who are responsible for agency operations.
CPPREP5003 Manage ethical practice in the property industry
This unit outlines the competencies and knowledge necessary to establish and oversee ethical practice frameworks within a property agency.
CPPREP5004 Manage a safe workplace in the property industry
This competency unit delineates the abilities and understanding needed to create, sustain, and assess a work health and safety (WHS) management system within the property sector.
CPPREP5005 Manage teams in the property industry
This unit outlines the competencies and knowledge necessary to oversee and assess teams within property agencies.
CPPREP5006 Manage operational finances in the property industry
This unit outlines the competencies and knowledge necessary to oversee and assess the operational finances of agencies within the property industry.
CPPREP5007 Develop a strategic business plan in the property industry
This unit outlines the competencies and knowledge needed to craft a business strategy to position a property agency in the market.
It involves recognizing and scrutinizing business prospects and the potential demand for agency services, as well as setting business goals and objectives.