ANZSCO code 612115
Real Estate Representative
Description
Arranges the conduct of real estate transactions such as sales and leasing, and assists buyers to find suitable properties, on behalf of an agency. Registration or licensing is required.
Skill Level 3
Occupations at Skill Level 3 have a level of skill commensurate with one of the following: – NZ Register Level 4 qualification – AQF Certificate IV or – AQF Certificate III including at least two years of on-the-job training. 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.
Assessing Authority
- Vocational Education and Training Assessment Services (VETASSESS)
vetassess@vetassess.com.au
Alternative Titles
- Real Estate Salesperson
- Real Estate Subagent
Alternative titles are any commonly used alternative title (or titles) for the occupation. These alternative titles have the same meaning as the principal title but may be less commonly used.
Specialisations
- Property Portfolio Officer
Specialisation titles are any commonly used titles which refer to a subset of jobs belonging to the occupation designated in the principal title. These jobs involve the performance of specialised tasks rather than the broader range of tasks usually performed in the occupation.
Unit Group 6121: Real Estate Sales Agents
Description
Sell, lease and manage commercial and private properties, and broker the buying and selling of businesses.
Indicative 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 or at least three years of relevant experience (ANZSCO Skill Level 3) In New Zealand: NZQF Level 4 qualification, or at least three years of relevant experience (ANZSCO Skill Level 3) In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification. The occupation Real Estate Agency Principal / Real Estate Agency Licensee has a level of skill commensurate with the qualifications and experience outlined below.
In Australia: AQF Associate Degree, Advanced Diploma or Diploma, or at least three years of relevant experience (ANZSCO Skill Level 2)
In New Zealand: NZQF Diploma, or at least three years of relevant experience (ANZSCO Skill Level 2) In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.
The occupation Real Estate Agent has 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 or at least three years of relevant experience (ANZSCO Skill Level 3)
In New Zealand: NZQF Diploma, or at least three years of relevant experience (ANZSCO Skill Level 2) 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.
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 premises
Other occupations in this Unit Group
- 612111: Business Broker
- 612112: Property Manager
- 612113: Real Estate Agency Principal / Real Estate Agency Licensee
- 612114: Real Estate Agent