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B.K

Guide to apply for a real estate agent's licence



In Queensland, owning or managing a real estate agency allows you to.


  • Buy, sell, exchange or lease a home, business, land or any interest therein

  • Negotiate on behalf of a buyer, seller, landlord or exchange or lease of a home, business or land

  • Show properties to potential buyers

  • Inspect and evaluate properties for sale or lease

  • Collecting rents on behalf of landlords

  • Advertising properties for rent or sale (including putting up signs)

  • Opening properties for inspection for sale or rent

  • Managing an apartment complex and selling any units independently without having to work through an established agency

  • Operate a trust account on behalf of sellers and buyers.


In a nutshell, you can engage in any business activity regarding the property except "auctioning the property".



To obtain a real estate broker's license, you must be


  • Be 18 years of age or older

  • Pass the necessary training courses

  • Have a clean criminal record

  • Not be a bankrupt in administration

  • Not have been disqualified from holding a license or certificate of registration



Training

  • You must pass these training subjects from an accredited training institution in order to apply for a license. The only exception is if you have held an equivalent license within the last two years.


  • You must have successfully completed or been assessed as competent in the required subjects. These subjects are carried out in accordance with an industry-approved training package.


Level 4 Certificate in Real Estate Practice (CPP41419)

and


Diploma in Real Estate (Agency Management) (CPP51122).


The details of the units those you have to complete to learn:




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