If you wish to become a full time manager for residential and holiday resort complexes, apartment complexes, developments of townhouse or villas, and tourist facilities, you need to hold a Resident Letting Agent licence. Our Resident Letting Agent course gives you the educational qualifications to apply to the Office of Fair Trading to be licensed as a resident letting agent.
Having a Resident Letting Agent licence allows you to rent out and manage units in a building complex (on behalf of the owners and the body corporate), collect rents in the complex and operate a trust account.
After you successfully complete your Resident Letting Agent course, Validum Institute will issue you with a Statement of Attainment for the Units of Competency in the course. You will need this Statement of Attainment before you can apply to the Office of Fair Trading for your Resident Letting Agent licence.
There are 3 items of assessment that you will need to attempt and complete in this course. All our assessments are open book, and feature a combination of theory and practical questions. You have 6 months from when you first start the course to complete and submit all assessments.
Additional support and coaching is available by contacting us. (Please note that additional fees may apply)
BSBSMB406 – Manage small business finances
CPPDSM4006A – Establish and manage agency trust accounts
CPPDSM4007A – Identify legal and ethical requirements of property management to complete agency work
CPPDSM4010A – Lease property
CPPDSM4015B – Minimise agency and consumer risk
CPPDSM4016A – Monitor and manage lease or tenancy agreement
If you are currently working in the real estate agency, and you are looking to own or manage a real estate agency, you need to hold a Real Estate Agent Licence.
If you wish to own or manage a real estate agency, you need to hold a Real Estate Agent Licence. If you wish to sell real estate as an independent contractor without working through an established agency, you will also need to hold a Real Estate Agent Licence.