Description
Key things to know before enrolling in your Upgrade Courses
What is an Upgrade Course?
An upgrade course is simply studying extra Units of Competency than your previous Statement of Attainment to reach the next level of real estate qualification. Units of Competency from any previous real estate Statement of Attainment, regardless of what training institution it was achieved, will be recognised by Validum Institute in accordance with current RTO legislation.
There are many reasons why people upgrade their real estate qualifications.
Some people like to start with their Registration Certificate and update to their full Real Estate Agent Licence once they have had time to learn the industry and confirm it is a good career choice for them.
Others like to upgrade their Queensland real estate qualification from Registration Certificate or Real Estate Agent Licence to CPP40307 Certificate IV Property Services (Real Estate) to increase their skills and stand out from their peers.
Whether you are wanting to upgrade to start your own agency or simply to increase your skills and professional development. Validum Institute is the right training institute for you.
Did you know?
You must be already have completed as a minimum a Queensland Registration Certificate (7 units of competency) under the CPP40307 training package (after the year 2008) to undertake an upgrade course.
If you have the Units of Competency from the PRDPE training package before 2008 they are no longer accepted by the Office of Fair Trading. You will need to either complete the Full Real Estate Agent Licence Course or apply for Recognised Prior Learning (RPL). Please contact us and speak to one of our trainers and assessors to discuss the RPL processes with you or visit our Frequently Asked Questions page for more information on RPL.
What courses can I upgrade to?
Upgrade from your Registration Certificate (Salesperson Certificate) to your Real Estate Agent Licence Course
If you are wanting to upgrade to your full Real Estate Agent Licence from your Registration Certificate you must undertake an Upgrade Course.
To upgrade to your Real Estate Agent Licence you will need to study the following 12 Units of Competency:
- CPPDSM4003A – Appraise property
- CPPDSM4005A – Establish and build client-agency relationships
- CPPDSM4006A – Establish and manage agency trust accounts
- CPPDSM4007A – Identify legal and ethical requirements of property management to complete agency work
- CPPDSM4011A – List property for lease
- CPPDSM4013A – Market property for lease
- CPPDSM4014A – Market property for sale
- CPPDSM4016A – Monitor and manage lease or tenancy agreement
- CPPDSM4018A – Prepare and present property reports
- CPPDSM4019A – Prepare for auction and complete sale
- CPPDSM4046A – Manage tenancy disputes
- BSBSMB406 – Manage small business finances
Upgrade from your Registration Certificate to your CPP40307 Certificate IV Property Services (Real Estate)
If you are wanting to upgrade from your Queensland Registration Certificate Course to a CPP40307 Certificate IV Property Services (Real Estate) you must complete an Upgrade Course.
To upgrade to your CPP40307 Certificate IV Property Services (Real Estate) you will need to study the following 17 Units of Competency:
- CPPDSM4003A: Appraise property
- CPPDSM4005A: Establish and build client-agency relationships
- CPPDSM4006A: Establish and manage agency trust accounts
- CPPDSM4007A: Identify legal & ethical requirements of property management to complete agency work
- CPPDSM4011A: List property for lease
- CPPDSM4013A: Market property for lease
- CPPDSM4014A: Market property for sale
- CPPDSM4016A: Monitor and manage lease or tenancy agreement
- CPPDSM4018A: Prepare and present property reports
- CPPDSM4019A: Prepare for auction and complete sale
- CPPDSM4046A: Manage tenancy disputes
- BSBSMB406: Manage small business finances
- CPPDSM4017A: Negotiate effectively in property transactions
- CPPDSM4049A: Implement maintenance plan for managed properties
- CPPDSM4056A: Manage conflict and disputes in the property industry
- BSBLED401: Develop teams and individuals
- BSBRKG304: Maintain business records
Upgrade from your Real Estate Agent Licence Course to your CPP40307 Certificate IV Property Services (Real Estate)
If you are wanting to upgrade from your Queensland Real Estate Agent Licence Course to a Queensland CPP40307 Certificate IV Property Services (Real Estate) you must complete an Upgrade Course.
To upgrade to your CPP40307 Certificate IV Property Services (Real Estate) you will need to study the following 5 Units of Competency:
- CPPDSM4017A: Negotiate effectively in property transactions
- CPPDSM4049A: Implement maintenance plan for managed properties
- CPPDSM4056A: Manage conflict and disputes in the property industry
- BSBLED401: Develop teams and individuals
- BSBRKG304: Maintain business records
How long will I have to complete my Upgrade Course?
You have 12 months to complete your Course, however it doesn’t mean the course will take you that long to complete. This will depend on your experience, and time available for study. Some of our students have completed this course in as little as a few days.
Upcoming changes to the courses
The Units of Competency (Units) in these courses are from the CPP40307 Certificate IV in Property Services (Real Estate) qualification. This qualification is being replaced on 20 March 2020.
Until further notice, the current Units will continue to be recognised by the Queensland Office of Fair Trading (OFT) as the educational requirement for a real estate license or registration.
Students have until 19 March 2020 to complete the course under the current Units. If you have not completed your course by this date, we will transition you (at no extra cost, and with a free extension if needed) to the new Units required by the OFT.
If you are enrolling into a course now, you do not need to do anything different – work on your course with the aim to completing it as soon as you can.
Validum will update you about any changes to your course as soon as we receive further information from the OFT. As always, we are here to provide advice and guidance to help you successfully complete your course.
If you wish to discuss these upcoming changes, please feel free to contact us on 07 3193 5270 (9 am to 5:30 pm, Monday to Friday (Brisbane time)).
How will the course be delivered?
At Validum Institute YOU are in control of the way YOU want to learn. That is what our affordable, flexible and customised approach to learning means. Your course will be delivered via an interactive learner portal combined with personal one-on-one trainer support and assessment help.
Study the way YOU want! It’s YOUR choice:
- Visit the Student Lounge and study in quiet and meet like-minded people also studying your course with direct access to onsite trainers
- Study anytime, anyplace, on any device (PC, laptop, mobile, ipad, tablet) with our simple to use and interactive learner portal
- Why not combine both of the above – access to trainers in person, online, or over the phone support in addition to the interactive learner portal
Whatever study option suits YOU best, we will help YOU every step of the way. We pride our success on the success of our students.
What happens after I complete my Upgrade Course?
Once you’ve completed your course and received your Statement of Attainment, you may, if you haven’t already, wish to apply through the Queensland Office of Fair Trading (OFT) for your Real Estate Agent Licence. You can then work within, contract to, or start your own real estate agency. A real estate agent licence allows you to:
- own or manage a real estate agency
- buy, sell, exchange or rent houses, businesses, land or any interest in these
- negotiate on behalf of a buyer, seller, landlord or exchanging or renting of houses, businesses or land
- show property to potential buyers
- inspect and assess property for sale or rent
- collect rent on behalf of a landlord
- advertise a property for rent or sale (includes setting up signs)
- open up a property for inspection for sale or rent
- manage an apartment complex and sell any units independently, without having to work through an established agency
- operate a trust account on behalf of sellers and buyers.
For detailed information and steps on how to obtain your Real Estate Registration or Licence with the OFT, CLICK HERE.
How do I enrol in this course?
Call our friendly staff on (07) 3193 5270 or email us at admin@validum.edu.au and we’ll send you an Enrolment Pack with all the details and next steps – it’s that simple!
Want to know more?
Visit our Frequently Asked Questions Page or simply call us on (07) 3193 5270 to answer all your questions.
