Buyers Agent Licence - Recognition of Prior Learning (RPL)

A professional “Buyers Agent Licence” is fast becoming a popular choice of property licence. The Buyers Agent offers consumers a wide range of issues of common concern when purchasing real estate. They represent the interests of the buyer in a real estate transaction and protect their clients from unfair, misleading or aggressive selling. The Buyer’s Agent’s responsibilities to the buyer are: undivided loyalty, obedience, diligence, disclosure, confidentiality, accounting, and reasonable skill and care. All duties are fiduciary - they are owed exclusively to the buyer – NOT to the seller. Furthermore, they provide the consumer with all the knowledge needed to avoid common investment traps and scams when purchasing property. Industry Training Consultants has carried out research into how many exemptions a real estate sales person in New South Wales (NSW) would be eligible to receive from undertaking the Buyers Agent Course. If an application for exemption was made, a person would be expected to receive up to 7 exemptions - making the process of getting this licence much easier than expected. The units of competency that form part of the Buyers Agent Licence Course are listed below, which is a total of 9 units. The underpinning knowledge is also based on NSW law.

From CPP30416 Certificate III in Strata Community Management, the following core unit:

  • CPPDSM3019 Communicate with clients in the property industry

From CPP40307 Certificate IV in Property Services (Real Estate), the following three core units:

  • CPPDSM4080A Work in the real estate industry
  • CPPDSM4008A Identify legal and ethical requirements of property sales to complete agency work
  • CPPDSM4015B Minimise agency and consumer risk.

From CPP40307 Certificate IV in Property Services (Real Estate), the following three core units:

  • CPPDSM4001A Act as a buyers agent
  • CPPDSM4003A Appraise property
  • CPPDSM4005A Establish and build client and agency relationships
  • CPPDSM4022A Sell and finalise the sale of property by private treaty
  • BSBLED401 Develop teams and individuals

“To apply for recognition of prior learning or recognition of current competency, you are required to supply documentation to ascertain as to whether or not you are eligible to receive exemptions in the Certificate IV in property services course”.

You will be required to put together a portfolio of evidence (using the assessment tool kit provided) aligned to the learning outcomes of the specific units of competency from the Property Services Training Package CPP07

These may include:

  • Certificates and Diploma's.
  • Statements of Attainments
  • Adult education courses and in-house training.
  • Business documents or reports that are used in your role as a sales agent, office manager or property manager.
  • Pamphlets, brochures, newsletters or flyers that are used in your role as a sales agent or property manager.
  • References which confirms your knowledge and experience in a subject matter.

PLEASE NOTE: The onus is on you to provide sufficient evidence to satisfy our assessors that you currently hold the relevant competencies. In determining whether you have presented sufficient evidence, the assessor must ensure that all evidence is:

  • Authentic (your own work).
  • Valid (directly related to the current version of the relevant endorsed competency standards).
  • Reliable (shows that you have consistently met the competency standards).
  • Current (reflects your current capacity to perform the aspect of the work covered by the standards).
  • Sufficient (covers the full range of elements in the relevant unit of competency and addresses the four dimensions of competency, namely task skills, task management skills, contingency management skills, and job/role environment skills).

Credit transfer

If a student has completed units of competency from a qualification and it’s based on identified equivalence in content and learning outcomes between matched qualifications, then a credit transfer will be granted.

Fee

There is a cost for RPL assessment which is calculated at $150 hour. If you decide to proceed with the course after receiving exemptions, the total fee of the RPL assessment is deducted from the total cost of the course.

Once you have prepared your evidence and completed the online enrolment form, we will determine the number of exemptions to be awarded. You can submit all your documents via regular post to Industry Training Consultants PO Box 138, Charlestown NSW 2290 or by email to [email protected]. After everything is approved, an invoice is sent with a due date for payment.

To obtain an RPL/RCC assessment tool kit please email us at [email protected] .