Certificate IV in Real Estate Practice

CPP41419
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Course Overview

Average Course Fee: Not available

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Average Course Duration: Not available

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Please contact individual training providers directly to compare course durations. A guide to durations can be found at Australian Qualifications Framework.
Description

This qualification reflects the role of real estate professionals who apply knowledge of real estate practice legal agency and compliance requirements, ethical standards and consumer preferences to conduct real estate functions.

This qualification applies to people working in both residential and commercial property, including business broking, and stock and station transactions.

Occupational titles may include:

  • Auctioneer
  • Stock and Station Agent
  • Business Broker, Business Agent, Franchise Broker
  • Property Manager, Body Corporate Manager
  • Real Estate Agent
  • Real Estate Representative, Real Estate Salesperson, Real Estate Sub-agent, Property Portfolio Officer, Buyer's Agent.

    • Staff who hold this qualification are commonly engaged with:

  • analysing data, industry intelligence and leads to identify prospects
  • developing, building and maintaining relationships with lessors, tenants, vendors and buyers
  • providing advice to lessors, tenants, vendors and buyers on the sale, purchase or lease of commercial, residential, stock and station, and property real estate
  • implementing systems, forms and documents to ensure real estate agency transactions are compliant with regulatory requirements; managing risk to agency and agent, and demonstrating high standards of ethical practice
  • transacting, accessing, and preserving the integrity of trust accounts to minimise customer and agency risk
  • establishing, maintaining, executing and concluding contracts with lessors, tenants, vendors and buyers, including by auction
  • building and promoting the agency and individual brands.

    • Licensing, legislative, regulatory or certification requirements

    Licensing, legislative, regulatory or certification requirements apply to real estate practices in all states and territories. Relevant state and territory regulatory authorities should be consulted to confirm those requirements.

    Note: Occupational licensing outcomes are associated with some of the specialisations packaged in this qualification. The units packaged in the specialisations of this qualification have also been developed as Skill Sets: please note that not all Skill Sets are associated with licensing outcomes.

    Code

    Title

    CPPSS00065

    Residential Property Sales

    CPPSS00066

    Residential Property Management

    CPPSS00067

    Property Management Business Development

    CPPSS00068

    Auctioneering

    CPPSS00069

    Buyer’s Agent

    CPPSS00070

    Onsite Property Management

    CPPSS00071

    Commercial Sales and Leasing

    CPPSS00072

    Commercial and Property Management

    CPPSS00073

    Business Broking

    CPPSS00074

    Stock and Station, Stock

    CPPSS00075

    Stock and Station, Station

    CPPSS00076

    Administration Management/Office Support

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    Student Outcomes

    Students who graduate from VET courses are surveyed approximately 6 months after they have completed their training. For more information on the statistics provided in this section, including the different levels (course, field of education, all fields of education) of data available please select the Learn more button below.

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    NOTE: This course is more recent than the latest Student Outcomes Survey.

    Satisfied with Training

    Percentage of graduates in the Management and Commerce field who were satisfied with the training (Certificate IV).

    Improved Work Status

    Percentage of graduates in the Management and Commerce field who started/expanded a business or who have a new job, more highly skilled work, a promotion or higher pay (Certificate IV).

    Salary

    The middle of the range of salaries earned by graduates in the Management and Commerce field starting their first ever full-time job after graduating (Certificate IV).

    Jobs

    Graduates of the Management and Commerce field (Certificate IV) are most often employed as:

    Clerical and Administrative Workers

    29.9%

    Clerical and Administrative Workers
    Managers

    17.8%

    Managers
    Professionals

    17.6%

    Professionals

    Industries

    Graduates of the Management and Commerce field (Certificate IV) are most often employed in:

    Financial and insurance services

    10.7%

    Financial and insurance services
    Administrative and support services

    9.4%

    Administrative and support services
    Rental hiring and real estate services

    9.2%

    Rental hiring and real estate services

    All statistics are supplied by the National Centre for Vocational Education Research.

    Financial Assistance

    The federal, state and territory governments provide financial incentives and support for vocational education and training students to help them gain the skills required to secure and maintain rewarding and sustainable employment.

    There are programs for all kinds of students; apprentices and trainees, new job starters, those re-entering the workforce, retraining for a new job or upgrading their skills for an existing job.

     


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    Subsidised Training

    State and territory governments dedicate funds to reduce or, in some cases, fully cover tuition fees for VET students who wish to study certain courses.
    Unfortunately, no subsidies are currently available for this course.

    VET Student Loans

    Certain courses are eligible for a VET Student Loan from the Australian Government to assist students with paying tuition fees. The initial debt amount (including the loan fee, if applicable) plus indexation must be paid back once the loan recipient starts earning over a certain amount. The compulsory repayment threshold for the 2017-2018 income year is $55,874.

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    Apprenticeships and Traineeships


    Australian Apprenticeships can provide a pathway to a career change for people looking to re-enter the workforce and for people who are currently working. Australian Apprenticeships combine work with training in a national recognised qualification.

    This qualification is available as an Australian Apprenticeship or Traineeship in the state and territories coloured in blue on the map.

     


    Australian Apprenticeships Pathways

    Map of Australia ACTNSWNTQLDSATASVICWA

    Training Providers

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    USI

    All students undertaking nationally recognised training must have a USI in order to receive a qualification.

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    Labour Market

    Job Outlook can help you make decisions about study and training, your first job.

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    First released in: CPP Property Services Training Package

    Supersedes: CPP40307 Certificate IV in Property Services (Real Estate) CPP40407 Certificate IV in Property Services (Stock and Station Agency) CPP40507 Certificate IV in Property Services (Business Broking) CPP40611 Certificate IV in Property Services (Operations)

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