Qualifications and licensing requirements to work in the real estate sector

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 education qualifications required to apply for an Estate Agent’s Licence are:

CPP41419 Certificate IV in Real Estate Practice AND CPP51122 Diploma of Property (Agency Management)

The REIV is advocating for the introduction of an Interim Certificate IV to help create a pipeline of new talent into the sector.

As noted in the government's Housing Statement: "Introduce mandatory training and licensing for real estate agents, property managers owners corporation managers and conveyancers

Every real estate transaction involves significant financial investments and legal complexities, and renters often rely on agents to provide accurate information and advice. We’ll introduce mandatory continuing professional development for real estate industry professionals – including agents, property managers, conveyancers and owners corporation managers. It’ll mean better skills for real estate workers, encourage ethical conduct across the industry, and give renters the peace of mind they deserve."

Engagement between the REIV and government stakeholders over the introduction of mandatory professional development for estate agents has now commenced. The first step in this process is the development of the state government’s Legislative Impact Statement. The REIV will continue to contribute to this discussion as the government develops its thinking on this.