Diploma of Property (Agency Management) - CPP51122

Real Estate Institute of Victoria

Type of institution: Registered Training Organisation
Level: Pre-degree
CRICOS:

This qualification reflects the role of property services principals who apply knowledge of property agency and compliance requirements, ethical standards and consumer preferences to establish and control property services 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. Depending on units selected in the qualification, one of two occupational options may be awarded:Diploma of Property (Agency Management), orDiploma of Property (Agency Management \u2013 Strata).Occupational titles include:Real Estate Agency PrincipalSenior Strata ManagerStrata Management Principal Agency Manager Agency Director.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 entitiesunderstanding legal and ethical frameworks for property agency operationsdeveloping systems, procedures and protocols for managing property agency functionsestablishing and controlling trust accounts and property agency business financescoordinating ethics, risk and consumer protection systems to meet industry legal and customer expectations and requirementsdeveloping and maintaining knowledge of industry trendsdeveloping and maintaining relationships with lessors, tenants, vendors and buyers, buyers\u2019 agents, owners and owners\u2019 agentsestablishing and implementing strategic business plans and operational plansestablishing and implementing agency and individual brandingleading 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 property services industry.Licensing, legislative, regulatory or certification requirementsLicensing, legislative, regulatory or certification requirements apply to real estate practices in all states and territories and may apply to strata community management in some states and territories. Relevant state and territory regulatory authorities should be consulted to confirm those requirements.

Subjects

  • Manage operational finances in the property industry
  • Contribute to the development of employee and industrial relations strategies
  • Conduct strategic planning for strata community sustainable practices and operation
  • Perform strategic financial management of a strata community
  • Provide leadership across the organisation
  • Develop and maintain commercial property market intelligence
  • Develop action plans to retrofit existing buildings for energy efficiency
  • Establish and monitor property industry trust account management practices
  • Manage strata community resilience
  • Plan and interpret market research
  • Provide property sustainability information in real estate
  • Coordinate remuneration and employee benefits
  • Develop and maintain rural property market knowledge and intelligence
  • Manage compliance in the property industry
  • Design and develop marketing communication plans
  • Manage business operational plans
  • Develop a marketing and service strategy in real estate
  • Manage ethical practice in the property industry
  • Manage a safe workplace in the property industry
  • Manage strata community asset maintenance and defects
  • Coordinate workforce plan implementation
  • Manage teams in the property industry
  • Market the property agency
  • Develop a strategic business plan in the property industry
  • Manage people performance
  • Manage customer service activities in the property industry

Standard entry requirements

There are no entry requirements for this qualification.

Study information

CampusFeesEntryMid year intakeAttendance
CAMBERWELL Domestic: $4,750
No
  • Online/Off-campus : 1 year

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