Certificate IV in Property Services (Real Estate)
The main purpose of this program is provide the candidate with the skills and knowledge required to work in the real estate industry as a Principal or an agent working under a principal. The knowledge and skills acquired through the program are applicable across a range of residential, commercial and industrial property types.
Upon successful completion of the course, participants will be awarded a Statement of Attainment and Certificate IV in Property Services (Real Estate) for completing 24 units (5 core, 19 elective units). Individuals who hold Certificate IV in Property Services (Real Estate) qualify to apply for a Real Estate license. Once you receive your license you are then able to run your own real estate agency
The participants are required to achieve competency in both the skills and knowledge requirements for all 24 units contained within the program to gain the Certificate IV in Property Services (Real Estate). ACBT will issue Statements of Attainment for the completion of the program.
Before the delivery of this course, participants would undertake a simple English test and then go through the formal process of enrolment. After enrolment, the participants would be advised of their commencement and due date and will be given all documents to support them in the completion of the course.
During the induction of the course students will be:
- Informed of ACBT‘s requirements and participants rights and obligations.
- Given a briefing on the training program including the topics/skills to be covered and assessment requirements.
- Assigned to a specific trainer/assessor from ACBT who will be training, assessing and assisting them throughout the course.
- Given andelivery schedule for the course.
The course is designed around ansix (6) month program and is to be completed via face to face learning. That is, participants have the option of attending face to face training and also must complete the Third Party observational checklist whilst working in the industry.
The program will be delivered through one or a combination of the following approaches:
- Recognition of Prior Learning
- Face to face learning
- Scenario’s/ Case Studies
- Role Plays
- Observation of skills and knowledge in a workplace
The Recognition of Prior Learning will be applicable to those clients who have already acquired the necessary knowledge that is assessed throughout the program. Skills and knowledge may be acquired through their past work/life experiences or, previous studies.
The 18 month delivery cycle will include assessing the knowledge and skills listed below in 12. Delivery Contents.
The course will be delivered through a combination of delivery modes including a written portfolio of answer, role plays, presentations, observation checklist, scenario’s and case studies.
The training will be delivered face to face in the allocated training office in Parramatta and in a Real Estate agency workplace.
Reasonable adjustment will be provided for participants with a disability or learning difficulty according to the nature of the disability or difficulty. Reasonable adjustments are made to ensure that the participant is not presented with barriers to demonstrating achievement in the program of study. Reasonable adjustments may include the use of educational support and alternative methods of assessment such as oral assessment.
Participants will be provided with training and assessment resources for each unit developed by ACBT, which can be supplemented with additional topical material as deemed appropriate by ACBT such as appropriate Department of Fair Trading published materials.
The program provides the skills and knowledge to professionally work in the real estate industry as a property manager or property sales agent. This course allows an individual to obtain the knowledge and skills to sell a property via private treaty or at an auction, lease and manage a property, develop strategic marketing skills and effective negotiation in property transactions. The course qualifies an individual to hold the full license which then allows them to establish their own Real Estate agency.
The following 24 units of Competency are achieved through the completion of the program:
5 Core units
- CPPDSM4007A - Identify legal and ethical requirements of property management to complete agency work
- CPPDSM4008A - Identify legal and ethical requirements of property sales to complete agency work
- CPPDSM4009B - Interpret legislation to complete agency work
- CPPDSM4015B - Minimise agency and consumer risk
- CPPDSM4080A – Work in the real estate industry
19 Elective Units
- CPPDSM4003A - Appraise property
- CPPDSM4005A - Establish & build client/agency relationships
- CPPDSM4006A - Establish & manage agency trust accounts
- CPPDSM4049A - Implement maintenance plan for managed properties
- CPPDSM4010A - Lease property
- CPPDSM4011A - List property for lease
- CPPDSM4012A - List property for sale
- BSBRKG304 - Maintain business records
- BSBLED401 - Develop teams & individuals
- CPPDSM4056A - Manage conflict & disputes in the property industry
- BSBSMB406 - Manage small business finances
- CPPDSM4022A - Sell & finalise the sale of property by private treaty
- CPPDSM4020A - Present at tribunals
- CPPDSM4016A - Monitor & manage lease or tenancy agreement
- CPPDSM4017A - Negotiate effectively in property transactions
- CPPDSM4019A - Prepare for auction & complete sale
- CPPDSM4014A - Market property for sale
- CPPDSM4013A - Market property for lease
- CPPDSM4001A – Act as a buyer’s agent
The participants for Certificate IV in Property Services (Real Estate) could be:
Individuals who are already in the Real Estate industry and hold Certificate of Registration in Real Estate but want to upskill or who are interested in opening their own Real Estate agency.
The participants will be typically 18 years of age or over, is not a disqualified person, is fit and proper and will have sufficient English language skills to meet the requirements of the course (equivalent to 10 years of school literacy and numeracy skills)
Those who do not have the required English Language skills will be assisted where practical however, given the critical requirement for English literacy, if their language skills are not sufficient they will be referred onto a specialist English language center for a short course, potentially, in their local TAFE or any NEAS accredited language center.
To complete this course a candidate must complete all assessment tasks to a satisfactory standards. All assessments are designed to be fair and equitable to all candidates. Candidates will be given clear information on the purpose, process and requirements of an assessment before and at the time of the assessment. They will also be clearly informed about the processes for recording and reporting the assessment outcomes. Any issues relating to assessments or operation of the College will be handled through a defined complaints process.
Our Participant handbook details our complaints and appeal procedure, our discipline policy, and our access and equity policy, including the contacts for any access and equity issues.