Estate Agents (Education) Regulations 2020

an Advanced Certificate in Estate Agency; or

an Advanced Certificate in Real Estate; or

a Certificate of Business Studies (Real Estate); or

the Estate Agency Certificate

conducted by or under the authority of any of the educational institutions listed in clause 3 or their predecessors or successors in law.

OR

5 The following 16 units, or equivalent units, of the Certificate of Business Studies (Real Estate) started before 1 January 1987—

Accounting 1

Accounting 2

Accounting for Real Estate A

Accounting for Real Estate B

Real Estate Valuations A

Real Estate Valuations B

Introduction to Law 1A

Introduction to Law 1B

Real Estate Law A

Real Estate Law B

Real Estate Building Techniques A

Real Estate Building Techniques B

Real Estate Practice A

Real Estate Practice B

Middle Level English 1A

Middle Level English 1B

conducted by or under the authority of the educational institutions listed in clause 3 or their predecessors or successors in law.

OR

6 The course of instruction required for the award of CPP40307 Certificate IV in Property Services (Real Estate) from the Property Services Training Package, Code CPP07, and comprising the following units of competency, or equivalent units (based on Victorian estate agency law, practice and procedure), and started before 22 October 2019—

CPPDSM4001A Act as a buyer's agent

CPPDSM4003A Appraise property

CPPDSM4004A Conduct auction

CPPDSM4005A Establish and build client–agency relationships

CPPDSM4006A Establish and manage agency trust accounts

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

CPPDSM4009A Interpret legislation to complete agency work

CPPDSM4010A Lease property

CPPDSM4011A List property for lease

CPPDSM4012A List property for sale

CPPDSM4013A Market property for lease

CPPDSM4014A Market property for sale

CPPDSM4015A Minimise agency and consumer risk

CPPDSM4016A Monitor and manage lease or tenancy agreement

CPPDSM4018A Prepare and present property reports

CPPDSM4019A Prepare for auction and complete sale

CPPDSM4020A Present at tribunals

CPPDSM4022A Sell and finalise the sale of property by private treaty

CPPDSM4049A Implement maintenance plan for managed properties

CPPDSM4056A Manage conflict and disputes in the property industry

CPPDSM4080A Work in the real estate industry

BSBSMB406A Manage small business finances

BSBRKG304B Maintain business records

OR

7 The course of instruction required for the award of CPP40307 Certificate IV in Property Services (Real Estate) from the Property Services Training Package, Code CPP07, and comprising the following units of competency (based on Victorian estate agency law, practice and procedure) and completed on or before 30 September 2021—

CPPDSM4001A Act as a buyer's agent

CPPDSM4003A Appraise property

CPPDSM4004A Conduct auction

CPPDSM4005A Establish and build client–agency relationships

CPPDSM4006A Establish and manage agency trust accounts

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

CPPDSM4010A Lease property

CPPDSM4011A List property for lease

CPPDSM4012A List property for sale

CPPDSM4013A Market property for lease

CPPDSM4014A Market property for sale

CPPDSM4015B Minimise agency and consumer risk

CPPDSM4016A Monitor and manage lease or tenancy agreement

CPPDSM4018A Prepare and present property reports

CPPDSM4019A Prepare for auction and complete sale

CPPDSM4020A Present at tribunals

CPPDSM4022A Sell and finalise the sale of property by private treaty

CPPDSM4049A Implement maintenance plan for managed properties

CPPDSM4056A Manage conflict and disputes in the property industry

CPPDSM4080A Work in the real estate industry

BSBSMB406A Manage small business finances

BSBRKG304B Maintain business records

Schedule 4

Regulation 9

1 The course of instruction and examinations required for the award of a Statement of Attainment for the Course in Property (Agents' Representatives) and including a pass in the relevant written examinations administered by Vocational Education and Training Assessment Services (VETASSESS), or its successors in law, as the managing agent for the State-wide external examinations for the Office of Training and Tertiary Education, or its successor in law, for each of the following units of competency—

VBN723 Work effectively in the real estate industry

VBN724 Address legal and ethical requirements of property sales

VBN725 Address legal and ethical requirements of property management

conducted by the registered education and training organisations approved by the Director under section 10A of the Act as in force immediately before its repeal.

OR