CPP41419 Certificate IV in Real Estate Practice (RPL)
Do you have experience in real estate and want to take your career to the next level? Have you considered using RPL to upgrade your qualifications?
Course Overview
CPP41419 Certificate IV in Real Estate Practice is the educational licensing requirement for all real estate salespeople and property managers working towards their Class 2 Licence, as required by the Property and Stock Agents Act, 2002 and Property and Stock Agents Amendment Regulation 2019.
The assessment method to achieve this qualification is Recognition of Prior Learning (RPL). RPL is a formal assessment process that assesses your competency – acquired through formal and informal learning to determine if you meet the requirements for the qualification.
Refer to NSW Fair Trading for details on licensing requirements for Class 2 Real Estate Agents.
How to Enrol
Step 1 | Self Assessment Questionnaire
Tell us about your skills, knowledge and experience. Complete the short multiple-choice questions and describe your experience in your own words. An assessor will review your self-assessment information to consider your eligibility for RPL.
Step 2 | Review & Competency Conversation
An appointment for a competency conversation will be arranged to allow you the opportunity to expand on your skills and knowledge and for the assessor to ask questions to verify your experience. If the assessor deems you eligible for RPL, you can progress through to Step 3.
Step 3 | Recognition
The Student Experience Team will contact you to explain the RPL process further, process a $100 non-refundable Administrative Fee, and send you an Enrolment form and RPL Application Kit. You will be required to provide indicative evidence, supporting documentation and a third-party report from your supervisor or licensed real estate agent to confirm your work history and competence.
It is important to note that recognition for the full qualification is only delivered to eligible candidates with a minimum of 12 months experience including a comprehensive understanding of legislation and trust accounting. An interview will be required to confirm competency in these areas and clarify experience in any area where insufficient documentary evidence is not available.
On successful completion of the RPL assessment, the Student Experience Team will process the remaining course balance, and your qualification will be issued.
Course Cost
- Harcourts Team Members $1660*
- Public: $2050*
*Total cost of RPL including an initial $100 (non-refundable) payment prior to enrolment.
NSW Licencing Qualification
The educational qualification in NSW is the CPP41419 Certificate IV in Real Estate Practice. This qualification is required for licencing as a Class 2 Real Estate Agent in NSW together with age, experience requirements and all other requirements specified by NSW Fair Trading.
To meet the requirements specified by NSW Fair Trading for licencing you need to complete 18 units of competency. These specified units are 5 core units, 10 mandatory and 3 elective units. You will need to choose 3 of the 6 elective units listed.
Our recommendation is that property managers choose the property management elective units and salespeople choose the sales elective units as this will allow you to apply for endorsement as an auctioneer on your licence if you wish.
The qualification consists of the following core, mandatory and elective Units:
CORE UNITS
CPPREP4001 Prepare for professional practice in real estate
CPPREP4002 Access and interpret ethical practice in real estate
CPPREP4003 Access and interpret legislation in real estate
CPPREP4004 Establish marketing and communication profiles in real estate
CPPREP4005 Prepare to work with real estate trust accounts
MANDATORY UNITS
CPPREP4101 Appraise property for sale or lease
CPPREP4102 Market property
CPPREP4103 Establish vendor relationships
CPPREP4104 Establish buyer relationships
CPPREP4105 Sell property
CPPREP4121 Establish landlord relationships
CPPREP4122 Manage tenant relationships
CPPREP4123 Manage tenancy
CPPREP4124 End tenancy
CPPREP4125 Transact in trust accounts
SALES ELECTIVES
CPPREP4161 Undertake pre-auction processes
CPPREP4162 Conduct and complete sale by auction
CPPREP4163 Complete post-auction process and contract execution
PROPERTY MANAGEMENT ELECTIVES
CPPREP4141 Establish and maintain property management portfolio
CPPREP4142 Promote property management products and services
CPPREP4503 Present at hearings in real estate
The full details and requirements for each unit of competency can be accessed and reviewed on training.gov.au (TGA).
To meet the educational licensing requirements specified by NSW Fair Trading students will need to complete the Core and Elective Units
specified in the above table.
Students will need to choose the remaining three (3) elective units for either sales or property management elective units depending on their job
role. Students are not required to do both sales and property management units.
RPL can be undertaken by Salespeople and Property Managers who have held a Certificate of Registration (CPP40307) or now hold the Assistant Agents Certificate (CPP41419) for a minimum of 12 months.
Please note that to work in real estate as an agent, you must:
- Meet the eligibility requirements specified by the NSW Fair Trading (NSWFT)
- Hold a real estate agent licence
Enrolment Requirements
Your must satisfy the following enrolment requirements to enrol in this course:
- Hold a valid Unique Student Identifier (USI)
- Have Year 10 or above competency in English language and numeracy
- Meet the technology requirements
- Be over the age of 18 years.
Regcognition of Prior Learning (RPL)
Recognition of Prior Learning (RPL) is a formal assessment process designed to recognise your current skills and knowledge.
Our RPL assessment process will identify and assess what you already know and can do and apply it to 18 of the Units of Competency (Unit/s) required for licensing in NSW.
RPL assessment allows you to supply evidence that demonstrates you have the skill and/or knowledge required by a Unit. Through this assessment process we may be able to assess you as competent for one or all Units, even if you have not completed any formal training for the Unit.
If you achieve all the required units of competency through the RPL Process, we will issue the educational qualification to apply to Fair Trading for your class 2 licence- CPP41419 Certificate IV in Real Estate Practice
If you do not gain all the units required for the qualification, you can request a Statement of Attainment to be issued for all units for which competency was achieved.
