Certificate IV in Property Services (Real Estate)

Holmesglen Community & Industry Short Courses

Certificate IV in Property Services (Real Estate)

This course provides participants with the educational knowledge and skills required for employment as an Agent’s Representative or to operate as a licensed Estate Agent.

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Welcome to Holmesglen Short Courses Holmesglen is widely regarded as a leader in education and training services in Victoria and offers many benefits to your studies, with excellent campus facilities, comprehensive resources, student support and industry relevant training conducted by experienced trainers.

We thank you for expressing an interest in studying at Holmesglen and we look forward to helping you gain a nationally accredited qualification to further develop your career in the Real Estate industry.

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Course Information Course Overview

Course Description

The course covers Estate Agents legal liabilities and responsibilities, management of client and agency relationships, property appraisal, listing and sale, leasing, auctions, management, acting as a buyer’s agent, all accounting including trust requirements and risk management.

This course is sometimes also referred to as the Agent’s Licence or Sub-Licence course. It is the course you must do if you are being employed as a Real Estate Agents Representative in Sales or Property Management. All Agents’ Representatives have to be registered with Business Licensing Authority within two weeks of commencing work and evidence of completion of this course is required to support your registration.

Students who have successfully completed the Agents Representatives course may be eligible for credits in 3 modules of the Certificate IV in Property Services (Real Estate).

Prerequisites to enrol Students must have sound English language and numerical skills and be able to understand oral instructions, read technical material and prepare written reports. Course materials include legal documents and forms. In order to handle the reading, writing, spoken and numerical tasks associated with real estate operations it is essential that students have a minimum equivalent to Level 2 of the National Reporting system.

Read, comprehend and discuss printed information in English and write sentences; and Use and analyse data, relation and patterns, numbers, measurements and shapes.

These entry requirements may have been acquired through work experience, life experiences and/or previous education and training.

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Qualifications and Recognition On completion of the Agents Representative units you will be able to work as an Agents Representative under a licensed Estate Agent; completion of the full course means that you will be eligible to apply to become a licensed Real Estate Agent and run your own Real Estate Agency.

Career Opportunities • Agents Representative • Licensed Real Estate Agent

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What are our Fees Fee for service

Government funded students

If this course is lower than any qualification already held, then you will not be eligible for a Government funded place.

If this course is higher than any qualification already held, then you will be eligible for a Government funded place.

How to Enrol?

Before you proceed, please check to see if you are eligible for Government funding, entitling you to a reduced enrolment fee. Please make sure you have checked your eligibility and the course fee’s.

Now that you have checked your eligibility, please follow the simple steps below to get started.

How to Enrol if you are paying full Fee for Service Step 1 - Visit us online at: www.holmesglen.edu.au/ programs/shortcourses Step 2 - Select, from the subject list on the left hand side of the screen – Property Services.

Step 3 - For session information ‘Click to view course dates’ at the top of the page

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Once you have found a session that suits you, click on the green button ‘apply now’ and follow the on screen Short Course application form. Upon completion, you will be required to make payment of the course in full to process your enrolment.

If you would like to talk to one of our staff, please give us a call on (03) 9564 1546 or visit our office to discuss your requirements. (Payment plans are available)

Are you eligible for Government funding?

Does the applicant meet the citizenship/ residency requirements?

No

YES

Is the applicant under 20 on 1 Jan in the year in which the course commences?

NO

YES

✘

Applicant is not eligible

Is the applicant seeking entry to a Foundation Skills course?

NO

YES

Is the applicant an Apprentice?

Is the course Is the applied applicant for at a higher enrolled in two NO NO level than or more GSP YES the highest courses qualification in the calendar already held? year?

YES

YES

✘

Applicant is not eligible

No

✔

Applicant is eligible for a government subsidised place

Important Information Students are eligible for a Government funded place if the student is: An Australian citizen, or a permanent resident of Australia, or a holder of a Special Category Visa including New Zealand citizens (sub class 444), and be aged under 20 on 1 January in the year in which the course commences.

Or if aged over 20 on 1 January in the year in which the course commences, enrolling in a qualification higher than the highest qualification already held. Fee for service students will be exempt from these conditions. Please ask at enrolment if you are eligible for Government funding.

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How to enrol if you are entitled to Government Funding Step 1 - Complete our eForm at http://eform.holmesglen.edu.au You can access the eForm at home via the internet, or your local library, etc or at the Holmesglen Short Course Department Moorabbin or Chadstone Campus and we will assist you.

Step 2 - Write down, (or print) your unique eForm number, when it’s given to you online and remember to bring it with you when enrolling. We will need this to process your application.

Step 3 - Once you have submitted your application, we will assess your application to ensure that you are entitled to Government funding.

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What to bring when enrolling For a Government funded place, bring all of the following documents with you when enrolling, otherwise it will not be possible to complete your enrollment.

• Your eForm Number • Fee Payment • Documentation to prove identity and to enable your eligibility for a Government funded place

What documents can be used to prove your identity?

To prove your eligibility, students must provide two of the following at the time of enrolment.

• Current Passport • Australian Birth Certificate or official extract of Birth Certificate • Driver’s license or learners permit

Frequently Asked Questions 1. Who can enrol in the course?

We offer the course to train people wishing to enter the real estate profession. There are no educational prerequisites however competence in spoken and written English is essential.

2. What does the course involve?

The basic knowledge and skill required to work as an Agents’ Representative, which includes an understanding of how the industry operates, knowledge of the basic legal principles relating to property sales and property management, and skill in the completion of various documents required for the sale and leasing of property. The focus is on the legal and ethical requirements – although some basic customer service and communication issues are covered.

3. What is the availability and duration of the course?

The course is available on Friday’s from 9am-5pm at our Chadstone campus for 30 weeks or Wednesday 6-9pm at our City campus for 2 years.

4. What are the assessment requirements?

To complete the course, students must successfully complete all written assignments and tests.

5. What are the entry requirements?

Students must have sound English language (at least level 3) and maths skills and be able to understand oral instructions, read technical material and prepare written reports. The content involves being able to read and interpret legislation and legal documents which can be quite complex. It requires good comprehension and maths skills.

6. What is the eligibility for employment?

To be eligible to work in the industry you must be at least 18 years old, have passed the Agents’ Representatives course, be of good character and be a fit and proper person. A police records check prior to commencing employment determines this.

You cannot be employed if you are insolvent under administration or have had a claim upheld against the Estate Agents’ Guarantee Fund. You can check with Business Licensing if you are unsure of your status in this regard. Phone: 1300 135 452 7. How long is my training valid for?

You must commence work in the Real Estate Industry within five years of completion of this course.

8. Should I buy any textbooks?

No, the materials fee has already been included in the course fee and you will be provided with textbooks on the first day of your course.

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9. When do I enrol?

It is recommended that you enrol as soon as possible to avoid disappointment. Normal Short Course Terms and Conditions apply regarding refunds and transfers.

10. What if the course is not going ahead?

If the course is cancelled due to low enrolments you’ll be able to get a full refund or to transfer your payment to the next available course.

11. Are there other conditions I need to meet for registration with Business Licensing Authority?

Agent’s Representatives must meet the following requirements for registration: • Be at least 18 years of age • Have a registered address in Victoria • Pass the prescribed course • Obtain an authority to act signed by the principal of the agency you will represent • Present a police check not more than six month old.

• Provide a permission application form to BLA confirming your eligibility to practice real estate For more information Business Licensing Authority www.bla.vic.gov.au Consumer Affairs Victoria www.consumer.vic.gov.au Real Estate Institute of Victoria www.reiv.com.au

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Course Competencies Certificate IV in Property Services (Real Estate) Course Code: CPP40307 Course Length 23 weeks

Units of Competency 5 core competencies: -- CPPDSM4080A: Work Effectively in the Real Estate Industry -- CPPDSM4008A: Address Legal and Ethical Requirements of Property Sales -- CPPDSM4007A: Address Legal and Ethical Requirements of Property Management -- CPPDSM4009B: Interpret legislation to complete agency work -- CPPDSM4015A: Minimise agency and consumer risk 19 elective competencies: -- CPPDSM4005A: Establish and build client-agency relationships -- CPPDSM4056A: Manage conflict and disputes in the property industry -- BSBRKG304B: Maintain business records -- BSBSMB406A: Manage small business finances -- CPPDSM4006A: Establish and manage agency trust accounts -- CPPDSM4010A: Lease property -- CPPDSM4011A: List property for lease -- CPPDSM4013A: Market property for lease -- CPPDSM4016A: Monitor and manage lease or tenancy agreement -- CPPDSM4020A: Present at tribunals -- CPPDSM4049A: Implement maintenance plan for managed properties

-- CPPDSM4001A: Act as a buyer’s agent -- CPPDSM4003A: Appraise property -- CPPDSM4004A: Conduct auction -- CPPDSM4012A: List property for sale -- CPPDSM4014A: Market property for sale -- CPPDSM4018A: Prepare and present property reports -- CPPDSM4019A: Prepare for auction and complete sale -- CPPDSM4022A: Sell and finalise the sale of property by private treaty --

Assessment Assessment is a combination of written assignments, tests, examinations and/or practical application projects. Students are required to attend tests and examinations as scheduled.

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Location: Chadstone Campus Batesford Road, Chadstone Victoria, Australia 3148 City Campus 332 St Kilda Road, Southbank Victoria, Australia 3006 Course Enquiries Short Courses Department Chadstone: 9564 1541 E: shortcourses@holmesglen.edu.au W: www.holmesglen.edu.au/shortcourses

Š Holmesglen Institute of TAFE June 2012 Holmesglen is the trading name of Holmesglen Institute of TAFE TOID: 0416