Resident Letting Agent Licence
Description
The Resident Letting Agent’s Licence is the licence required to rent out on-site, managed units as well as operate a Trust Account. A few of the restrictions that come with this Licence though are that you can only rent units within the complex you manage (and the principal place of business must be located on-site) and you are unable to sell any of the units within your complex.
A common choice for those looking to become a Residential Letting Agent is to complete the Full Licence course instead so that if the opportunity arises to sell a unit within the complex being managed arises, the business can stay in house.
As part of this course, you will have access to 15 units of competency from the CPP41419 training package.
When completing this course, you will be provided with online learning guides, additional resources as well as email assistance with our trainers through the student portal. For questions regarding your eligibility and QLD Office of Fair-Trading requirements we recommend you contact them directly.
You have up to 6 months to complete the course. As it is an online and completely self-paced course you can work through the content and assessment within your own time and at your own pace within this time frame. When completing this course, you will be provided with online learning guides, additional resources as well as email assistance with our trainers through the student portal. The course consists of assessment tasks, questions, and video role plays. All units of competency and course content are nationally accredited and recognised by the QLD Office of Fair Trading.
Note: ALL students are required to obtain a UNIQUE STUDENT IDENTIFIER (USI). Your Statement of Attainment cannot be issued if you have not provided us with your USI. For more information, or to apply for your USI, visit www.usi.gov.au.
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
CPPREP4101 Appraise property for sale or lease
CPPREP4102 Market property
CPPREP4121 Establish landlord relationships
CPPREP4122 Manage tenant relationships
CPPREP4123 Manage tenancy
CPPREP4124 End tenancy
CPPREP4125 Transact in trust accounts
CPPREP4181 Manage onsite residential property
CPPREP5006 Manage operational finances in the property industry
CPPREP4503 Present at hearings in real estate
To complete an NREL course transparently, you will need:
a laptop or desktop (Mac or Windows computers are both compatible)
the latest version of Adobe Reader (currently Adobe Reader 11) and Microsoft Word
internet access so you can finish the assessments via the online learning platform
video recording device (phone, laptop, etc)
Once you apply for the QLD Residential Letting Agent Certificate course with NREL, you will receive a confirmation email and login details to access your course. If you cannot locate these please check your junk/spam folder and following this, email through to info@nrel.com.au.
Once you have completed and submitted all of your course assessments you will be asked to activate your grading. From here, your assessments will be marked by REAA’s assessing team and when deemed satisfactory in all assessments we will verify your account and you will receive your Statement of Attainment. Following this, you are required to apply directly to QLD Office of Fair Trading for your Certificate.
