Real Estate Agency Principal (Aus) \ Real Estate Agency Licensee (NZ): ANZSCO 612113

Manages the overall activities of a real estate agency.

Registration or licensing is required to work in this occupation in Australia.

• 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

Qualifications and experience

Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below.

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 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 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.

• 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)
• AQF Associate Degree, Advanced Diploma or Diploma, or at least three years of relevant experience (ANZSCO Skill Level 2)
• 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)

Assessing authorities check your duties against these tasks, so your experience must match them, not only the job title.