Class 1 & Class 2 Licence Holder - CPD Requirements

Class 1 & Class 2 CPD Requirements

As a Class 1 or Class 2 Licence holder you are required to complete CPD every year between 1st July and 30th June the following year.

 

The CPD requirements for the 2024/2025 CPD year are as follows:

 

  • Option 1: Complete 5 hours of compulsory CPD training via face to face or interactive webinar
  • Option 2: Complete 10 hours of CPD training online

 

Workshops or Interactive Webinars

We are offering a 5 hour session via face to face or interactive webinar for the following compulsory topics:

 

  • Introduction to Work Health and Safety obligations in Residential Sales and Property Management
  • New Supervision Guidelines for Real Estate Agencies
  • Introduction to Strata for Residential Salespeople and Property Managers
  • Compliance with habitability standards and landlord information statement
  • Strata Law Reforms 2023-24

 

Please note if participating in an interactive webinar course, it is a requirement of NSW Fair Trading that your camera is on throughout the entire session. In addition, as a further requirement of NSW Fair Trading class sizes are limited to 40 participants in rooms and 25 participants if training via an interactive webinar.

 

Online Training

To meet Fair Trading’s requirements you must undertake all compulsory topics for your licence class. The compulsory topics for this year include:

 

  • New Supervision Guidelines for Residential, Commercial, Stock & Station, Strata, Business Broking and Short-Term Accommodation.
  • Introduction to Work Health & Safety for Residential, Commercial, Strata, Business Broking and Short-Term Accommodation.
  • Compliance with Habitability Standards
  • Introduction to Strata for Residential, Commercial and Short-Term Accommodation.
  • Strata Law Reforms 2023-24
  • Privacy, Proof of ID, Cyber Security, Fraud Prevention and Data Collection 
  • Advertising and Marketing – Responsibilities under Australian Consumer Law (ACL)
  • Authority to Bid and Exchange Contracts – Agents responsibilities

 

We Come To You

Think Real Estate can also come to your Agency or preferred location to conduct a 4-hour face to face session. We will need a minimum of 6 participants. Please note that our CPD calendar books out very quickly, so we advise your team to secure a training date as soon as possible. For further information, pricing and availability, please read more about our in-house CPD Training or contact the CPD Department.

 

A copy of your CPD certificate will be retained in your Student Portal should you need to retrieve this at any time.

 

The CPD above will cover any of the below agents:

  • Residential Property Manager
  • Commercial Agents
  • Short Term Accommodation Agents 

 

Additional CPD requirements

NSW Fair Trading require extra training to meet the CPD requirements for the below agents:

 

  • Residential Sales Agent (including Buyers Agents & Auctioneers)
    • Required to complete 1 extra unit which is an online component on Underquoting that can only be done via TAFE. Click here for extra component to this years CPD. 
  • Strata Managing Agents
    • Required to complete 1 extra unit on Best Practice Management of building defects, maintenance & repair
  • Stock & Station Agents
    • Required to complete 2 extra units on Mandatory implementation of eID in sheep and farmed goats as well as Animal welfare best practice in saleyards. Click here to book in for the extra 2 hour online session. 
  • Business Broking Agents
    • Required to complete 3 extra units of Methods of Appraisal, Appropriate normalisations and adjustments as well as Agency agreement and your authority to act. 

 


CPD Courses

Face to Face CPD Courses FACE TO FACE  5 hours - $299.00
Interactive CPD Webinar INTERACTIVE WEBINAR  5 hours - $299.00
Online CPD Training ONLINE  10 hours - $249.00