CPP51122 Diploma of Property (Agency Management)

CPP51122 Diploma of Property (Agency Management)

Qualify to become an Estate Agent in Victoria

Take Your Career To The Next Level

The CPP51119 - Diploma of Property course has been superseded by CPP51122 - Diploma of Property course from 21 February 2023.

This qualification applies to residential and commercial practice in real estate sales, property management, strata management, business broking, stock and station, or auctioneering.

The REIV is a Registered Training Organisation (RTO# 4042). We only deliver specialised real estate training. Our objective is to build professional excellence in real estate so you can be assured of receiving high quality, compliant training. 

The CPP51122 Diploma of Property (Agency Management) and the CPP41419 Certificate IV in Real Estate Practice, are the qualifications prescribed by the Victorian Business Licensing Authority, as the educational requirement to apply for an Estate Agent's licence.

Course summary

Duration

10 - 12 Months

Next Intake Dates

TBC

Location

REIV Camberwell

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Train the Right Way

Why choose the REIV over a budget provider?
At the REIV we believe in quality training and make it our mission to ensure we are giving our students the tools and knowledge to enter the real estate industry ready to make a real difference.

Our students enjoy full and accessible trainer support at no extra cost for the entirety of their course, through both twice-weekly live classes, and with individual support where you need it. Many of the budget providers charge extra for all trainer contact and grading of assessments, those costs quickly add up and those budget courses suddenly become far less competitive.

Why do I need trainer support?
Being a real estate agent is no simple job. Our industry deals with a multitude of legislative requirements and compliance standards that make thorough and up-to-date training imperative. Our trainers are experts in real estate, and our courses are always up to date to ensure that you are given the support you need to understand everything that will be required of you when you enter the industry.

Employers want people that can come into their business and make a positive impact from the start, and by training with the REIV you can ensure that you have been given the best tools to do so.

What’s different between your online learning, and other providers?
The REIV is the peak real estate body for Victoria, which means we are at the forefront of all legislative and regulatory change in the state. The REIV supports the entire real sector with up-to-date training, guidance and support. Our online course is reflective of this, providing a blend of self-paced learning with the most up-to-date information, and guided live learning with an expert trainer to ensure your training is progressing in the right way.

We don’t cut corners, and we don’t compromise on your training.

Course Overview

What to expect - Overview

CPP51122 Diploma of Property (Agency Management) reflects the role of real estate principals who apply knowledge of property agency and compliance requirements, ethical standards and consumer preferences to establish and control real estate functions. This qualification will allow you to seek employment as an Estate Agent or work as Principal Agent.

A Licensed Real Estate Agent can work in the real estate sector in many roles including: 

  • Agency Principal

  • Strata Management Principal (Owners Corporation Management)

  • Agency Manager

  • Agency Director

Other Information

Education requirements to work in real estate changed in October 2020.

  • The entry level education required to work in real estate is CPP41419 Certificate IV in Real Estate Practice, also called the Agent's Representative Course. It includes 18 units of competency made up of 5 core units and 13 elective units.  

  • The minimum educational qualifications required to apply for an Estate Agent’s Licence are:

    • CPP41419 Certificate IV in Real Estate Practice – 18 Units​ 

    • AND 

    • ​CPP51119 Diploma of Property - 12 Units

Further details regarding education requirements are available from Consumer Affairs Victoria.

Details on each delivery options course costs can be found here.

Visit the Fees page to learn about applicable fees and payment options prior to enrolment.
The fees include:

  • Learner reference guides and additional resources guides

  • All training and assessment including up to 3 re-submissions

  • Additional student support if required

  • ​Issuance of a Certificate upon successful completion of the assessment requirements.

Students may be eligible for a complimentary REIV Individual Membership if applied for within 12 months of course completion date and employed with an REIV member agency.

This course is delivered with Victorian and Commonwealth Government funding, eligibility criteria applies.

  1. Download the enrolment form and email to qualifications@reiv.com.au . Our team will call you to confirm receipt of your application.

  2. Please ensure you have a Unique Student Identifier (USI). This is a government generated number that will stay with you for life and must be recorded with any nationally recognised training.

  3. ​You will need to provide identification, please have copies of photo identification and medicare card available when requested

  4. Complete an online language literacy and numeracy assessment and a digital literacy assesment. We will provide you with the full details about how to go about this.

  5. Undertake a pre-training review (PTR). The PTR is a one on one discussion to ascertain that the proposed training is appropriate so you can make an informed decision.

  6. Pay an instalment of your fees

  7. Complete induction.

  8. Start training

The education requirements you require to work as an estate agent depend on the experience you have in the real estate industry. Please refer to Consumer Affairs Victoria for details regarding licensing considerations. 
 

Credit Transfers: The REIV complies with national recognition arrangements under the AQTF.  However, students should contact the BLA. regarding the eligibility of these credit transfers for licensing in Victoria.

Training

All training is delivered by industry experts working in the industry. 

As part of your training, independent learning on an online platform will keep you on track and ahead of the game. These activities consist of reading, web searches and completing learning activities and quizzes. 

Students will be expected to complete approximately 14 hours per week of independent learning and assessment preparation. 

Assessment

Students need to be able to demonstrate that they can perform a given task/s in order to be deemed competent. Students are provided with appropriate training to facilitate the learning to achieve competency.

Assessment methods include:

  • written tasks, including reports & short answer question,

  • ​undertaking projects

  • analysis of case studies

  • simulation of common industry scenarios through role plays

  • formulating and presenting a portfolio


Some role plays and some project assessments will be conducted during the online training sessions,  therefore it is expected that students commit to attend all scheduled sessions during their course.

The remainder of the assessments are completed by students in their own time. 

Note : Students are advised to retain copies of ALL work for face to face and online training. The online platform, does not enable your work to be downloaded once submitted. The REIV are only obligated to retain records pertaining to enrolment information and qualifications issued.   

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