REIV
Choose a Member | Contact Us | PropertyData | VicForms |
  1. Home
  2. Training
  3. New education requirements to work in real estate

New education requirements to work in real estate

If you want to start a career in real estate or are considering upskilling to become a licensed real estate agent, the education requirements changed substantially from 21 October 2020.


The Estate Agents (Education) Regulations 2020 (the Regulations) prescribe the courses of education for:

The new education requirements reflect significant changes to standards of competency for estate agents and agents’ representatives. These requirements draw on a new training package for the real estate industry that was developed following a national review. This page provides a summary overview of the education pathways available.

The Regulations also provide exemptions for people who have completed previously prescribed educational requirements. Estate agents and agents’ representatives currently working in the real estate industry can continue to do so, as long as they satisfy the exemptions.

Please Note: Details provided here are subject to change as further information becomes available. 

STARTING WORK IN REAL ESTATE (AGENT’S REPRESENTATIVE) 

 

This course covers the education component required by the Business Licensing Authority (BLA) to work as an Agent's Representative.

As an Agent’s Representative you can work for a Licensed Real Estate Agent and undertake a broad range of duties and responsibilities such as sales, property management, business broking and buyer’s advocacy.

 

Superseded Requirements

The superseded course includes three units of competency from CPP40307 Certificate IV in Property Services (Real Estate)
 

  • CPPDSM4007A - Identify legal & ethical requirements of property management to complete agency work

  • CPPDSM4008A - Identify legal and ethical requirements of real estate sales to complete agency work

  • CPPDSM4080A - Work in the real estate Industry
     

Key aspects to note: 

  • Although nationally recognised, students are not eligible for any government funding to complete this course
  • These units are not directly equivalent to any units in the new training package
  • Any current or new enrolments in this course must complete the training by 30 September 2021 and be registered with the Business Licensing Authority (BLA) within 5 years from the date of the Statement of Attainment. Please refer to the CAV website for details regarding registration requirements.

New Requirements

The entry level education required to work in real estate is now Certificate IV (CPP41419 Certificate IV in Real Estate Practice)

  • 18 units of competency which includes 5 core units and 13 elective units

  • All the Elective Units from at least 2 Groups must be selected


Key aspects to note: 

  • Enrolments in this course are now open, click here to find out more.
  • Further details regarding education requirements are available from Consumer Affairs Victoria. 
  • This Certificate IV is eligible for the Boosting Apprenticeship Commencements (BAC) program supporting businesses that offer workplace traineeships. Businesses may be eligible for a subsidy of up to 50% of gross wages. READ MORE

How does this impact you? 

  1. Enroling in the Agent’s Representative Course
  • Option 1, new training package

​Enrolments in the REIV new Certificate IV (CPP41419 Certificate IV in Real Estate Practice) are open. 
 

  • Option 2, superseded training package

Enrolments in the superseded 3 Unit Course will be open till 30 May 2021, however, you must complete the course by 30 September 2021 and be registered with the Business Licensing Authority (BLA) within 5 years from the date of the Statement of Attainment. Please refer to the CAV website for details regarding registration requirements.
 

  1. Currently enroled in the superseded Agent’s Representative Course

You must complete the course by 30 September 2021 and be registered with the Business Licensing Authority (BLA) within 5 years from the date of the Statement of Attainment. Please refer to the CAV website for details regarding registration requirements.

Further details regarding education requirements to start working in real estate are available from Consumer Affairs Victoria. 

BECOME A LICENSED REAL ESTATE AGENT
 

Often known as the “Licence Course”, this is the minimum education qualification required to obtain your Estate Agent's licence. 

 

Superseded Requirements

CPP40307 Certificate IV in Property Services (Real Estate) was the qualification prescribed by the Victorian Business Licensing Authority, as the educational requirement to apply for an Estate Agent’s licence in Victoria.

  • 24 Units delivered over 8 clusters

  • Includes the 3 Units that make up the current Agent's Representative Course
     

Key aspects to note: 

  • ​These units are not directly equivalent to any units in the new training package
  • Enrolments for the CPP40307 Certificate IV in Property Services (Real Estate) have closed.
  • Any currently enroled students must complete the course by 30 September 2021 and be registered with the Business Licensing Authority (BLA) within 5 years from the date of the Statement of Attainment. Please refer to the CAV website for details regarding registration requirements. 

New Requirements

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

AND

 

Key aspects to note: 

How does this impact you? 

All new applicants must complete 30 Units required to apply for an Estate Agent’s License.

 

  1.  
  2. Currently enroled in the superseded CPP40307 Certificate IV in Property Services (Real Estate)

You must complete all 24 Units by 30 September 2021 and be registered with the Business Licensing Authority (BLA) within 5 years from the date of the Statement of Attainment. Please refer to the CAV website for details regarding registration requirements. 

Further details regarding education and licensing requirements are available from Consumer Affairs Victoria