ESTATE AGENTS LICENCE

CPP51122 Diploma of Property (Agency Management)

This diploma course is for existing Agents Representatives (holding a CPP41419 Certificate IV in Real Estate Practice) to apply for their estate agents license with Consumer Affairs Victoria.

Units you will study

To achieve this qualification, competency must be demonstrated in a total of 12 units of competency comprising of 7 core units and 5 elective units. 

CORE UNITS

CPPREP5001 Manage compliance in the property industry
CPPREP5002 Establish and monitor property industry trust account management practices
CPPREP5003 Manage ethical practice in the property industry
CPPREP5004 Manage a safe workplace in the property industry
CPPREP5005 Manage teams in the property industry
CPPREP5006 Manage operational finances in the property industry
CPPREP5007 Develop a strategic business plan in the property industry

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.

Group B - General Electives

CPPREP5008 Market the property agency
CPPREP5010 Manage customer service activities in the property industry
BSBLDR522 Manage people performance
BSBLDR602 Provide leadership across the organisation
BSBOPS502 Manage business operational plans





CPPREP5008 Market the property agency
This unit outlines the competencies and knowledge needed to research, devise, and execute a marketing strategy for promoting the agency within the property industry.
It does not include marketing activities specifically tailored for individual properties.


CPPREP5010 Manage customer service activities in the property industry

This unit outlines the competencies and knowledge necessary to assess, oversee, and appraise customer service initiatives within the property industry.


BSBLDR522 Manage people performance
This unit outlines the competencies and knowledge needed to supervise the performance of directly managed staff.
It applies to individuals in managerial roles and encompasses tasks such as task delegation, performance assessment, recognition of outstanding performance, and delivering constructive feedback. The unit emphasizes the interconnection between performance management and development, highlighting their significance for effective leadership.


BSBLDR602 Provide leadership across the organisation
This unit outlines the competencies and knowledge necessary to exhibit high-level leadership behaviour and personal and professional proficiency, with a focus on business ethics.
It applies to individuals tasked with promoting professionalism within their organization and industry, while also inspiring and motivating others to fulfill organizational objectives. Leadership is contextualized within the organizational mission.


BSBOPS502 Manage business operational plans
This unit outlines the competencies and knowledge necessary to exhibit high-level leadership behaviour and personal and professional proficiency, with a focus on business ethics.
It applies to individuals tasked with exemplifying professionalism within their organization and industry, while also inspiring and motivating others to fulfill organizational objectives. Leadership is contextualized within the organizational mission.

Program Fees and Timeframe

 

ONLINE PACKAGE 

 

$1,500 

24/7 Access to your online learning platform 

 

Fortnightly Friday support workshops (10am-12pm) 

✔ 

12 Months mentor program 

✔ 

Policy and Procedures Manual

✔ 

Student Portal

Assessment delivery, trainer feedback and marking are completed online within your dedicated student portal. Your portal is also your direct line of communication with your trainer or our support team.

Program timeframe

The time it takes to complete the program can vary depending on several factors, including prior study, availability, and work commitments.  

Typically, students can finish this training program in approximately 12 months.
   

At Archer Institute, all training programs follow a continuous admission process, and students have up to two years to successfully complete the program.
 

SupportED Learning Suite

Introducing the SupportED Learning Suite – a FREE interactive eLearning program is included in all our training programs. Its designed by industry-leaders to empower new adult students to prepare for study, cope with assessments, and maintain a healthy work-life balance.

The SupportED Learning Suite provides students with the essential skills in technology, research, communication as well as real life skills for job searching, and interviewing.

FAQ

Put your knowledge into practice with real-world scenarios and hands-on exercises. Our training programs go beyond theory, ensuring you are well-prepared for the day-to-day realities of working in real estate.

Benefit from the wealth of knowledge and practical insights offered by industry experts with extensive real-world experience. Our trainers and assessors are equipped to impart valuable hands-on knowledge, ensuring you're well-prepared for the dynamic landscape of the real estate field. Gain insights from trainers actively engaged in the sector, providing you with relevant and up-to-date expertise.
Consumer Affairs is the state licensing regulator for property agents Victoria. Under the legislation it is a legal requirement that you study as a minimum the prescribed units. There is eligibility requirements set by the licensing regulator and we recommend all prospective students read this link to Consumer Affairs guidelines prior to enrolment with us.  

This training program doesn’t have specific educational entry requirements however to apply for a licence you must meet the following criteria:
 
  • be at least 18 years old
  • have completed a program prescribed under the Estate Agents (Education) Regulations 2020
  • not have been found guilty of any offence involving fraud, dishonesty, drug trafficking or violence punishable by three months or more imprisonment (whether or not a jail term was imposed), within the last 10 years
  • not be insolvent under administration
  • not be the cause of a successful claim against the Victorian Property Fund or a corresponding fund
  • not be a represented person under the Guardianship and Administration Act 1986
  • not be subject to a Victorian Civil and Administrative Tribunal declaration making you ineligible to act as an agent’s representative
  • not be subject to an order by any regulatory body in or outside Victoria, disqualifying you from acting as an agent’s representative.
  For bankruptcy, disqualifying criminal offences and claims against the Victorian Property Fund or Estate Agents' Guarantee Fund you may still be granted a licence if you apply for permission. For more information, view:     Archer Institute delivers the educational requirements only and does not guarantee or have any control over any states licensing authority granting any prospective student registration.  
To enrol you will need to complete an LLND (Language Literacy Numeracy and Digital Literacy) activity prior to commencing the program. This is to ensure you have the adequate skills and knowledge to progress through your training program and that we can also support you should it be identified you have an LLND area of concern.

You will also need to provide a USI (Unique Student Identifier). The USI is a unique code assigned to you that consolidates your training records into a single online record. It's mandatory for those undertaking vocational education and training (VET) in Australia. If you need to register for a USI, you can do so here.

Contact Us: Reach out to our friendly team to discuss enrolment details, schedules, and any questions you may have, or if you are ready to enrol click here.
RPL is a process where skills and knowledge that you have gained through work and life experience and other unrecognised training can be formally recognised. You need to let us know that you want to apply for RPL at the time of application by indicating this on the application for enrolment form in the relevant section. There is a charge for RPL, and this can be viewed in the ‘Fees and Refunds’ section of the student handbook.  

Credit transfer
is a formal recognition of previous studies and can help to reduce the duration of your training program, as well as fees. You may apply for a credit transfer for as many units as you like. There is no charge to apply for a credit transfer, but you need to let us know that you want to apply for this at the enrolment stage. You will need to provide a certified copy of your certificate either issued by another education provider or an authenticated VET transcript issued by the USI Registrar. You will be granted “Credit Transfer” so long as Archer Institute can verify your transcript.   

How much does it cost to apply for RPL?
  There is no cost to complete Part A of the RPL booklet. However, if you decide to proceed to Part B and C, there is a one-off application fee of $200 per training program plus an assessment fee of $200 per unit for Certificate IV level. 
Help request tickets: Communicate with your trainer using our help request ticket accessed through our student portal.  
Support workshops:
We offer fortnightly online support sessions. These sessions are delivered on a drop in basis and attendance is voluntary   
Phone support:
You can call during business hours and speak directly to a trainer.