Real Estate Agency Principal (Aus) / Real Estate Agency Licensee (NZ) 612113

SOL | State SOL | Employer SOL| Regional

Description
Manages the overall activities of a real estate agency. Registration or licensing is required.

Skill Level 2

Skills Assessment Authority VETASSESS - Caveats Group C | VETASSESS-FAQ | Your Career

Caveats No caveats 

Endorsed Correlations to ASCO Occupations

Group: 6121 Real Estate Sales Agents

Description
sell, lease and manage commercial and private properties, and broker the buying and selling of businesses.

Tasks
accepting and listing properties and businesses for sale and lease, conducting inspections, and advising buyers on the merits of properties and businesses and the terms of sale or lease
advising vendors of sales and marketing options such as sale by auction and open house inspections
cataloguing and detailing land, buildings and businesses for sale or lease and arranging advertising
assessing buyers' needs and locating properties and businesses for their consideration
offering valuations and advice for buying and selling properties and businesses, and structuring the terms of settlement
collecting and holding rent monies from tenants, and remitting to owner on agreed basis
monitoring and addressing non-compliance with terms and conditions of tenancy and pursuing rental arrears
developing and implementing business plans, budgets, policies and procedures for the agency
may arrange finance, land brokerage, conveyancing and maintenance of premise

Skill Level
Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below. 

In Australia: 
AQF Certificate III including at least two years of on-the-job training, or AQF Certificate IV (ANZSCO Skill Level 3) 

In New Zealand:
NZ Register Level 4 qualification (ANZSCO Skill Level 3)

At least three years of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification. 

Registration or licensing may be required. 
The occupation Real Estate Agency Principal (Aus) / Real Estate Agency Licensee (NZ) has a level of skill commensurate with the qualifications and experience outlined below. 

In Australia: 
AQF Associate Degree, Advanced Diploma or Diploma (ANZSCO Skill Level 2) 

In New Zealand: 
NZ Register Diploma (ANZSCO Skill Level 2)

At least three years of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.