Australian and New Zealand Standard Classification of Occupations 1.3

REAL ESTATE SALES AGENTS 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 Include:

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.

Occupations:

612111 Business Broker
612112 Property Manager
612113 Real Estate Agency Principal / Real Estate Agency Licensee
612114 Real Estate Agent
612115 Real Estate Representative