Elevate your workforce: Harness their potential with a traineeship

4 March 2024

Making sure your trainees have the right skills can play a critical role not only in their development, but also in their loyalty to your business.

Finding a good entry-level employee in real estate can be challenging – and, once you’ve chosen someone, the next critical step is to make sure they have the right skills to ensure they help to improve your business and feel fulfilled in their work.

This is where traineeships come into their own, as they offer both the trainee and employer a range of benefits.

“As an employer, it’s great to be in a position to provide someone with the opportunity to start a new career,” REINSW Training Manager Aaron Barber said. “With a traineeship, where the trainee is working and studying at the same time, the learning experience becomes so much more meaningful because the theory can be put into practice on the job.”

Benefits of traineeships

One of the biggest benefits is giving your trainee the chance to improve their skills by attaining a nationally accredited qualification.

“This helps to increase their productivity by making them better equipped to meet your business needs,” Aaron said. “As a result, you’ll be offering a better service to your clients and will also be growing your employee’s confidence, because they feel comfortable and confident in their ability.

“Real estate has a high turnover of new staff. By offering a new employee a traineeship, this will encourage them to stay with you because you’re investing in their future.

“Financial incentives from the Federal Government are also available to the agency and the course itself is subsidised by the NSW Government.”

Traineeship programs

REINSW offers three traineeships:

• CPP31519 Certificate III in Real Estate Practice – School-based traineeship is undertaken by students in Years 10, 11 and 12, so they’re learning about a career that interests them. The trainee earns and learns to achieve a nationally-recognised qualification and is work-ready when school finishes.
• CPP31519 Certificate III in Real Estate Practice is undertaken over 12 months full time or 24 months part time. Upon completion, the trainee may apply to NSW Fair Trading for a Certificate of Registration.
• CPP41419 Certificate IV in Real Estate Practice is undertaken over 24 months full time or 48 months part time. This traineeship allows the trainee, upon completion, to apply to NSW Fair Trading for a Class 2 Real Estate Licence.

“Both the Certificate III and Certificate IV provide trainees with comprehensive training to equip them with the necessary skills, however the latter offers a broader and deeper understanding,” Aaron explained.

“We recommend that agencies call us to discuss what they need from a trainee, so we can advise which traineeship is most suitable and discuss eligibility criteria.”