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Certificate IV in Real Estate Practice

Achieving your Certificate IV qualification with REIT is a great way to set yourself apart from other agents. It shows that you are committed to your career and have taken the time to ensure your knowledge and skills are of a high standard.

Overview

The Certificate IV in Real Estate Practice CPP41419 qualification reflects the role of real estate professionals who apply knowledge of legal, agency and compliance requirements, ethical standards and consumer preferences to conduct real estate functions.

Learning Pathways

Successful completion of the qualification will allow learners to:

  • Perform the functions of a Property Representative
  • Progress to the CPP51119 Diploma of Property

Entry Requirements

There are no formal pre-requisites to complete the qualification, however REIT discloses the following as pre-requisites to complete the training:

  • Learners must have an intermediate level of computer skills and knowledge
  • Learners must have access to a PC computer and internet
  • Learners have access to a printer to print resources
  • A Tasmanian resident
  • An Australian citizen or Australian permanent resident
  • * Where a student holds a Visa that permits study, please contact the Training Department
  • Learners must have ASCF 2/3 level of language, literacy and numeracy (LLN)
  • Learners must be 16 years and over at time of enrolment

REIT conducts all training and assessment in plain English, via an online platform. Learners are required to participate in training and complete all assessments in plain English.

The Property Agents Board also has requirements for eligibility of licensing.

Details

This qualification is to be delivered over a twelve to twenty-four month period via Zoom learning, eLearning or Blended learning (combination of Zoom learning and eLearning). Total hours of self-directed learning may vary relative to the units selected by the learner, mode of delivery and prior knowledge of the learner. Any combination will equate to approximately 900 - 1200 hours. Approximately 8-11 hours of study per week over a 24 month period.

Price

The cost of the Certificate IV qualification is $4000. Employers may be eligible to enrol their employee into a traineeship, the fee for the traineeship is a $1500 employer contribution.

What is a traineeship?

A traineeship is a type of vocational training (training under a supervisor) where you earn a wage and learn about the industry and job, you are in. Your employer needs initiate the traineeship by contacting an Australian Apprenticeship Centre.

For further information on traineeships and the process please visit https://www.australianapprenticeships.gov.au/

How do traineeships work?

  • Employers arrange for an Australian Apprenticeship Centre (AAC) to visit the office to sign the employee into a traineeship.
  • The student enrols into the qualification with the REIT (below)

During the process students are required to;

      • Complete a Language, Literacy & Numeracy (LLN) quiz,
      • Complete a payment form,
      • Complete a sign-up discussion.

Can I still enrol if my employer does not want to proceed with a traineeship?

You can still enrol and complete the Certificate IV qualification with the REIT.  We will offer a payment plan to ease the burden of the qualification cost. The payment plan is $500 upon enrolment, then $150 per month until the full fee has been paid.

Below is the process to enrol:

  • Enrols into the qualification with the REIT (below)
  • During the process students are required to;
      • Complete a Language, Literacy & Numeracy (LLN) quiz,
      • Complete a payment plan form,
      • Complete a sign-up discussion.

Prior to enrolment the employer must speak to an Apprenticeship Centre to ensure eligibility.

Packaging Rules

To achieve this qualification, competency must be demonstrated in:

  • 18 units of competency
  • 5 core units
  • 13 elective units

The elective units must ensure the integrity of the AQF qualification and contribute to a valid, industry-supported vocational outcome and be chosen as follows:

  • all the elective units in any two elective groups from Groups A–L listed below must be chosen  **REIT only offer group A & B
  • the remaining elective units may be chosen from the general elective units listed or the CPP Property Services Training Package.

Please see training.gov.au - CPP41419 - Certificate IV in Real Estate Practice for further packaging rule information.

The qualification comprises of 18 units that have been grouped together and are delivered in 11 clusters.

Learners are provided with a personalised training plan during the enrolment process.

Example of unit options below:

Training Plan

The training plan incorporates the following units of competency from CPP41519 Certificate IV in Real Estate Practice.

Cluster name Unit code Unit name Core / Elective
Professional Practice Cluster CPPREP4001 Prepare for professional practice in real estate Core
CPPREP4002 Access and interpret ethical practice in real estate Core
Legislation and Trust Cluster CPPREP4003 Access and interpret legislation in real estate Core
CPPREP4005 Prepare to work in real estate trust accounts Core
Marketing and Communication Cluster CPPREP4004 Establish marketing and communication profiles Core
Market Property Cluster CPPREP4102 Market Property Elective Group A, B, C
Appraise Property Cluster CPPREP4101 Appraise property for sale or lease Elective Group A, B, C, E
Property Sales Cluster CPPREP4103 Establish vendor relationships Elective Group A
CPPREP4104 Establish buyer relationships Elective Group A
CPPREP4105 Sell property Elective Group A
Property Management Cluster 1 CPPREP4121 Establish landlord relationships Elective Group B
CPPREP4122 Manage tenant relationships Elective Group B
Property Management Cluster 2 CPPREP4123 Manage tenancy Elective Group B
CPPREP4124 End tenancy Elective Group B
Transact in Trust Cluster CPPREP4125 Transact in trust accounts Elective General
Sustainability Presentation Cluster CPPREP4504 Deliver presentations to clients in real estate Elective General
CPPREP4507 Provide property sustainability information in real estate Elective General
Safety in Real Estate Cluster CPPREP4506 Manage offsite and lone worker safety in real estate Elective General

Enrolling

To enrol click here

Prior to enrolment you must ensure that you read and understand all the additional documents relating to your enrolment with the REIT.

Please visit Student Information & Policies to view the Student Handbook, Training and Assessment Strategy, Fees and Refund Policy, Code of Practice, Client Service Standards, Disciplinary Procedure and the Privacy Policy.

Once enrolled please allow 5 business days for an REIT Training Team member to contact you to discuss payment options, unit and delivery selection.

More information

To discuss potential funding or if you require further information please contact the REIT Training Department by email patricia.donnelly@reit.com.au or by phoning: 03 6223 4769