CPD Requirements

All real estate agents regardless of your registration will need to complete some sort of Continual Professional Development (CPD) each year as outlined by NSW Fair Trading as of 31 July 2023.

CPD timeframe is the following:

23rd of March

22nd of March the following year

Can CPD be carried over?

No, CPD hours must be collected within the required timeframe as indicated above. Additional CPD hours completed cannot be carried over to the next CPD year.

CPD Requirements: 2023 – 2024 CPD Year

Class One and Two Agents - Option One

1

Complete a minimum of 4 hours of compulsory topics that consists of three (3) different topics via face-to-face learning with no more than 40 attendees or an interactive webinar with no more then 25 attendees.

2

Maintain records for 3 years for audit requirements

Class One and Two Agents - Option Two

1

Complete 10 hours of online learning that consists of a minimum of three (3) compulsory topics with the elective topics chosen to complete the remainder hours required. 

2

Maintain records for 3 years for audit requirements

CPD Requirements: 2023 – 2024 CPD Year

Dual Licence Holders

A dual licence holder being either Strata Management or Stock and Station Class 1 or 2 agents must complete additional CPD requirements as outlined below:

1

Complete the required minimum of 4 hours of compulsory topics via face-to face learning or 10 hours online real estate CPD training as outlined above 

2

Complete an additional three (3) compulsory topics that are relevant to the dual licence category (Strata management or Stock and Station)

Important: The following licence categories are not considered to be dual licence:

  1. Auctioneering
  2. Buyer’s Agent
  3. Property Management
  4. Commercial
  5. Business Broker

Principals - Additional Requirements

In addition to the CPD framework changes, the Supervision Guidelines will be amended requiring Licensees in Charge to prepare and maintain a training plan of all agents under their supervision, outlining their CPD requirements.

A training plan can be found here by clicking the link below.

 

 

NSW Fair Trading - Training Plan Template
(Microsoft Word Document)

CPD Requirements: 2023 – 2024 CPD Year

Assistant Agents

1

Complete 3 Units of Competency from the CPP41419 Certificate IV in Real Estate

2

Maintain records for 3 years for audit requirements

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