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Fully licensed real estate agent
FastTrack Licensing Course for experienced real estate agents
Resident letting agent
Auctioneer
Shopping centre manager
Licensed property developer
Employability skills
Becoming a fully licensed real estate agent
A full real estate agent licence entitles you to own or manage a real estate agency.
It also provides you with the ability to sell real estate without the need to work through an established agency, such as if a Resident Letting Agent wanted to sell units in their unit complex themselves (however a Resident Letting Agent would need to ensure that their contract with the body corporate allowed for the manager to sell lots within the complex).
The Property Agents and Motor Dealers Act 2000 requires that a person wishing to obtain a full real estate agent's licence complete 19 recognised units of competency under the Property Services CPP07 Training Package through a registered training organisation.
REIQ offers FREE Introduction to real estate sessions. Click here to find out more.
The REIQ delivers this training through the Full Real Estate Agent's Licensing course. More information is contained in the full course outline for this program.
Enrol in the REIQ Full Real Estate Agent's Licensing course and receive a free copy of the premier coaching and mentoring tool for Real Estate - The Mentors (valued at $495). This is a DVD series jam packed full of information, strategies and processes that award winning agents use from all over Australia.
Please note that if student have previously completed the PRDRE licensing units, these are still accepted by the Office of Fair Trading for licensing purposes.
FastTrack Licensing Course for experienced real estate agents
If you are an experienced real estate professional, REIQ provides you with a fantastic opportunity to upgrade to a full real estate agent's licence using a combination of recognition of prior learning (RPL) and tuition. The FastTrack Licensing Course is specifically designed for people currently working in the real estate industry and who wish to manage or operate a real estate agency, operate independently or negotiate contractor agreements.
The FastTrack Licensing Course can be undertaken by contact classes or study in your own time by Distance Education (no need to attend class). You will be provided with a user friendly RPL assessment pack, along with comprehensive learning support materials for those units you are undertaking by contact study or distance education. Please note that any student who do not successfully complete a unit by RPL assessment will need to enrol in that unit at individual unit prices.
For more detailed information, please refer to the REIQ FastTrack Licensing Course information sheet here or to enrol, please click here.
Becoming a resident letting agent
Resident letting agents are 'on site' property managers/letting agents who manage residential lots in a Community Titles Scheme by owning or operating the management rights to that particular complex.
Resident letting agents act on behalf of the owners of the units in their letting pool and for the bodies corporate, usually in a caretaking capacity.
To act as a resident letting agent in Queensland, you must hold a resident letting agent's licence. The prescribed educational requirement for this licence category is the completion of the following six units, offered by the REIQ:
- CPPDSM4010A Lease property
- CPPDSM4015A Minimise agency and consumer risk
- CPPDSM4007A Identify legal and ethical requirements of property management
- CPPDSM4006A Establish and manage agency trust accounts
- CPPDSM4016A Monitor and manage lease/tenancy agreements
- BSBSBM406A Manage finances
More information is contained in the full course outline for this program.
Becoming an auctioneer
To become an auctioneer you must first be registered with the Office of Fair Trading as a trainee auctioneer.
Once you are a registered trainee auctioneer, you will be required complete a further three units of competency and also undertake and provide evidence of conducting five auctions under the supervision of a licensed auctioneer. If you are involved in any pre or post auction activity you must either hold a full real estate agent's licence or be registered as a salesperson.
The further three units of competency to be undertaken while a trainee auctioneer include:
- CPPDSM4019A Prepare for auction and complete sale
- CPPDSM4006A Establish and manage agency trust accounts
- BSBSBM406A Manage finances
More information about obtaining your auctioneer’s licence is available in the full course outline.
Becoming a shopping centre manager
The Property Agents and Motor Dealers Act 2000 requires that all people who are employed in the capacity of Shopping Centre Managers complete an education component when applying for a Limited Real Estate Agent's (Business Letting) Licence.
The requirement is the completion of the following units of competency:
- CPPDSM4010A Lease property
- CPPDSM4011A List property for lease
- CPPDSM4013A Market property for lease
- CPPDSM4016A Monitor and manage lease/tenancy agreements
More information is contained in the full course outline for this program.
Becoming a licensed property developer
Under the Property Agents and Motor Dealers Act 2000, any developer who sells more than six residential properties in a 12-month period must hold a Property Developers Licence.
If the property development business is incorporated, at least one director must hold a Property Developer's licence. Unlike other licence categories, there are no educational pre-requisites for this category of licence and applicants can obtain the licence by meeting the 'suitable person' standards as set down by the Office of Fair Trading.
More information on the registration requirement for any salespeople employed by a licensed property developer is contained in the full course outline for this program.
Employability skills
A summary of the Employability Skills developed through the full Certificate IV in Property Services (Real Estate) qualification can be viewed by clicking here.
