real estate licence

Is 2019 the year you transition to your real estate licence?

10 December 2018

For more than a decade, REINSW has lobbied to professionalise the real estate industry. And over the last several years, we’ve worked closely with the NSW Government to ensure the reform package meets the needs of the industry. This year, the package was passed.

But what do the real estate industry reforms mean for you?

When the industry reforms are introduced, Certificate of Registration holders will be referred to as assistant agents. Within four years, you’ll be required to transition to a Certificate IV in Real Estate Practice and complete 12 months of practical industry experience before you can become a licensed real estate agent.

As an assistant agent, you’ll no longer be able to bind the agency. This means you’re unable to sign managing agency agreements or sales agreements. You’ll also be unable to authorise payments from trust accounts.

"You have a window of opportunity to upskill before the reforms are introduced."
– REINSW Education & Training Manager

Failure to attain your Certificate IV in Property Services and successfully apply for your licence (which requires proof of practical industry experience) within four years, will result in the loss of your Certificate of Registration and a 12-month exclusion from the industry.

Now is the time to start your Certificate IV

If you hold a current Certificate of Registration, you have a window of opportunity to upskill before the reforms are introduced.

Register to complete your Certificate IV in Real Estate Practice today and you can become a licensed real estate agent before the reforms come into effect.

This means you can continue to perform all your current functions and maintain your career progression.

Five ways to achieving your real estate qualification

As the real estate industry’s peak body, we provide advice and education to help you better serve your clients. There are five ways to attain your Certificate IV:

All classroom learning - face to face learning, day or evening classes
All online learning - learn in your own time and place
Blended learning (classroom and online) - flexibility of both online and in-class
Recognition of Prior Learning - Don't waste time or money learning things you already know with RPL
Traineeships - On the job learning

We also offer in-house training including group discounts for small - medium sized groups

What are the benefits?

Skills you need | Upskill to continue practising as an agent
Future-proof yourself | Join a new wave of professionals lifting the industry standard
Flexible learning | Learn how and when it suits you
Payment options | Pay via installments
Easy online registration | Register today!

Want more?

Start your Certificate IV with REINSW today
Have questions about this or any other issue? Contact the REINSW Helpline
Want to keep up-to-date with industry news? Become a member

Nationally Recognised Training Provider
RTO Provider Number: 90117*

* This training is recognised within the Australian Qualifications Framework. RTO: The Real Estate Institute of New South Wales.