Training Traineeship in Real Estate
An excellent opportunity for new and existing staff to attain all the educational requirements to apply for a full real estate agents licence with government funding!*
The new Certificate IV traineeship in real estate offered by the REIV fulfills the educational requirements mandated by Consumer Affairs Victoria to apply for a full real estate agents licence. This traineeship is offered to all new and existing staff in a real estate agency and is an excellent way to undertake your study in a supportive and structured way. All the training is provided off the job – either through attending contact classes, by distance education or a combination of both. Each trainee has an individual training plan devised to help them reach their goal of achieving this qualification and can be completed within 12 months or 2 years.
Working in real estate offers a wide variety of occupational outcomes and the traineeship covers topics relevant to residential sales and property management, being a buyer’s agent, auctioneering and commercial real estate.
Utilising the traineeship will:
All units of study in the traineeship are assessed on competency and signed off by the REIV and the employer. Each unit of study has a written assessment and there are no exams. Students with some previous experience may apply for Recognition of Prior Learning (RPL).
Training has never been so accessible and affordable.
| Trainee Status | Cost of Traineeship | Tuition Fee | Vic Gov Funding | Federal Gov Funding | Net $ Position |
|---|---|---|---|---|---|
| New worker – Employed less than 3 months, with no prior qualification at Cert III or above |
Not applicable | $903 | Applicable – covers the cost of Traineeship |
$4000 | +$3097 |
| New worker – Employed less than 3 months with a prior qualification |
If not eligible for state funding: $4500 | Nil | Not Applicable | Not Applicable | -$4500 |
| New worker – Employed less than 3 months with a prior qualification |
If eligible for state funding: $0 | $903 | Applicable – covers the cost of Traineeship |
Not Applicable | -$903 |
| Existing worker – Employed more than 3 months, with no prior qualification |
$4500 | Nil | Not applicable | $4000 | -$500 |
| Existing worker - with a qualification at Cert III or above |
$4500 | Nil | Not applicable | Not applicable | -$4500 |
* Please note that eligibility needs to be assessed by an Australian Apprenticeship Service. Find your nearest centre.
Please refer to the REIV Traineeship program information sheet to find out the units of study included in the traineeship.
Speak to us now to find out how the REIV traineeships can work for you by calling 9205 6666 or emailing REIV Traineeships.
* Eligibility requirements exist for both state and federal government funding. Victorian government funding may cover the cost of training and federal government incentives are provided for employers who employ a new staff member or place an existing staff member on a traineeship provided they do not have a prior qualification. Contact us to find out more.
