CPP51122 Diploma of Property (Agency Management) (Australian Students Only)
Description of the Qualification
This qualification reflects the role of real estate principals who apply knowledge of property agency and compliance requirements, ethical standards and consumer preferences to establish and control real estate functions.
This qualification applies to residential or commercial practice in real estate sales, real estate property management, strata management, business broking, stock and station, or auctioneering.
Occupational titles may include:
- Real Estate Agency Principal
- Strata Management Principal
- Agency Manager
- Agency
Staff who hold this qualification are responsible and accountable for the work of others and are engaged with:
- understanding business systems, structures, property agency practices and business entities
- understanding legal and ethical frameworks for property agency operations
- developing systems, procedures and protocols for managing property agency functions
- establishing and controlling trust accounts and property agency business finances
- coordinating ethics, risk and consumer protection systems to meet industry legal and customer expectations and requirements
- developing and maintaining knowledge of industry trends
- developing and maintaining relationships with lessors, tenants, vendors and buyers, buyers’ agents
- establishing and implementing strategic business plans and operational plans
- establishing and implementing agency and individual branding
- leading and managing people, including recruitment, induction, coaching and mentoring for teams and individuals managing work health and safety (WHS) risk to ensure a safe working environment in the real estate industry.
To achieve this qualification, competency must be demonstrated in: 12 units of competency:
- 7 core units
- 5 elective
The elective units must ensure the integrity of the Australian Qualifications Framework (AQF) qualification alignment, contribute to a valid, industry- supported vocational outcome.
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Packaging Rules |
To achieve this qualification, competency must be demonstrated in: 12 units of competency: · 7 core units · 5 elective units. The elective units must ensure the integrity of the Australian Qualifications Framework (AQF) qualification alignment, contribute to a valid, industry- supported vocational outcome. |
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Unit Code/Unit Title |
C/E |
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CPPREP5001 Manage compliance in the property industry |
Core |
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CPPREP5002 Establish and monitor property industry trust account management practices |
Core |
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CPPREP5003 Manage ethical practice in the property industry |
Core |
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CPPREP5004 Manage a safe workplace in the property industry |
Core |
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CPPREP5005 Manage teams in the property industry |
Core |
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CPPREP5006 Manage operational finances in the property industry |
Core |
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CPPREP5007 Develop a strategic business plan in the property industry |
Core |
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Elective units |
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| CPPREP5008 Market the property agency |
Elective |
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CPPREP5010 Manage customer service activities in the property industry |
Elective |
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BSBLDR522 Manage people performance |
Elective |
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BSBLDR602 Provide leadership across the organisation |
Elective |
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BSBOPS502 Manage business operational plans |
Elective |
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There are no formal entry requirements for this qualification. However, students must
- be minimum of 18 years old to be able to work and practice in a real estate
- complete a screening interview with the Academic Manager of his representative to assess suitability and capability in completing this qualification,
- If it is determined that the student need to complete a Language, Literacy and Numeracy (LLN) test, the student will be required to complete a LLN test to determine whether the student might be suitable for this qualification or any
- To be recognized by your licensing state body and the real estate industry, you must complete the Certificate IV in Real Estate Practice (CPP41419) and fulfill any additional licensing requirements.
The face-to-face delivery of this qualification is delivered at SIIT training facilities or employer’s premises while the online delivery is via SIIT Moodle Online Learning platform.
All facilities, resources and equipment meet current industry standards.
All training rooms are equipped with suitable facilities, training resources and equipment for a simulated interpreting/translating environment.
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Delivery & Assessment Sequence |
Module 1: Compliance and Ethical Practice in Real Estate |
CPPREP5001 Manage compliance in the property industry CPPREP5003 Manage ethical practice in the property industry |
Practical Demonstration Q&A Project Role-Plays/ Presentation Case Studies Portfolio/ Third Party Report |
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Module 2: Finance & Trust Accounts in Real Estate |
CPPREP5006 Manage operational finances in the property industry CPPREP5002 Establish and monitor property industry trust account management practices |
Practical Demonstration Q&A Project Role-Plays/ Presentation Case Studies Portfolio/ Third Party Report |
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Module 3: Strategic & Operational Plan in Real Estate |
CPPREP5007 Develop a strategic business plan in the property industry BSBMGT517 Manage operational plan |
Practical Demonstration Q&A Project Role-Plays/ Presentation Case Studies Portfolio/ Third Party Report |
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Module 4: People Management in Real Estate |
CPPREP5005 Manage teams in the property industry BSBHRM604 Manage employee relations BSBMGT502 Manage people performance BSBMGT605 Provide leadership across the organisation |
Practical Demonstration Q&A Project Role-Plays/ Presentation Case Studies Portfolio/ Third Party Report |
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Module 5:
Marketing & Safe Practice in Real Estate |
CPPREP5004 Manage a safe workplace in the property industry CPPREP5008 Market the property agency |
Practical Demonstration Q&A Project Role-Plays/ Presentation Case Studies Portfolio/ Third Party Report |
Course Duration:
12 months
Training Package:
PSP – Public Sector
Code and Title of Qualification:
CPP51122 Diploma of Property (Agency Management) (Australian Students Only)