The accepted prescribed educational qualification for a real estate agent and a property manager is either the 
Diploma of Property Services (Agency Management) CPP50307; or
Diploma of Property (Agency Management) CPP51119
for further details see below:

Real Estate Agent

To apply for a real estate agent licence you must have the prescribed qualification awarded by a registered training organisation within the meaning of the Vocational Education and Training Act 1994

Diploma of Property Services (Agency Management) CPP50307*
which includes the following compulsory units set by the Board:
  • BSBMGT515A Manage operational plan
  • BSBMGT502B Manage people performance
  • BSBFIM501A Manage budgets and financial plans
  • BSBHRM405A Support the recruitment, selection and induction of staff
  • CPPDSM4005A Establish and build client-agency relationships
  • CPPDSM4006A Establish and Manage Agency Trust Accounts
  • CPPDSM5009A Coordinate risk management system in the property industry
  • CPPDSM5012A Develop a strategic business plan in the real estate industry
  • CPPDSM5018A Ensure a safe workplace in the property industry
  • CPPDSM5020A Manage and monitor effective client service in the real estate industry
* this qualification will be accepted by the Board until 30 June 2021

​OR

​Diploma of Property (Agency Management) CPP51119

You are also required to have been engaged full-time as a property manager or property representative for a total period of at least 2 years during the 5 year period immediately preceding the application for licence to be a real estate agent.

Property Manager

To apply for a property manager licence, you must have the prescribed qualification awarded by a registered training organisation within the meaning of the Vocational Education and Training Act 1994 ​and satisfy the Board, by examination or inquiry, that you have sufficient knowledge and experience of property management business to be able to carry on that business.

The prescribed educational qualification is either the Diploma of Property Services (Agency Management) CPP50307*
​which includes the following compulsory units set by the Board:
  • BSBMGT502B Manage people performance
  • BSBFIM501A Manage budgets and financial plans
  • BSBHRM405A Support the recruitment, selection and induction of staff
  • CPPDSM4002A Apply knowledge of state or territory legislative framework to complete agency work
  • CPPDSM4005A Establish and build client-agency relationships
  • CPPDSM4006A Establish and Manage Agency Trust Accounts
  • CPPDSM5009A Coordinate risk management system in the property industry
  • CPPDSM5012A Develop a strategic business plan in the real estate industry
  • CPPDSM5018A Ensure a safe workplace in the property industry
  • BSBMGT515A Manage operational plan
  • CPPDSM5020A Manage and monitor effective client service in the real estate industry
* this qualification will be accepted by the Board until 30 June 2021

​OR

​The prescribed educational qualification is the Diploma of Property (Agency Management) CPP51119
​

General Auctioneer

To apply for a general auctioneer licence you must:
 
Be able to satisfy the Board by examination or inquiry, that you have sufficient knowledge and experience of general auctioneering business to be able to carry on that business:
or 
Have completed the following compulsory units:
​
CPPREP4505   Value Goods, chattels, plant and equipment
CPPREP4509   Auction goods, chattels or equipment
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
​
Property Representative
To apply for a property representative licence you must have the prescribed educational qualification which is the successful completion, within the previous 2 years, of an examination for property representatives administered by the Property Agents Board.
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