With all the hype (and subsequent frustration) surrounding the industry reforms over the last two years, you must have by now considered how you’ll transition to your Real Estate Licence.
If you haven’t, you’d better get on to it! And one of the simplest ways to complete the qualification required to apply for your licence is Recognition of Prior Learning (RPL).
The program, as the name suggests, recognises your skills, knowledge and experience in the real estate industry and applies it to the achievement of your qualification.
Some gap training may be required (real estate is a big beast and you can’t be expected to know everything!), but in recognising your industry experience, you can reduce the time it takes to complete your qualification.
If you’re considering RPL (which you should be), REINSW Training Manager, Nerida Wood, says you should ask yourself these six questions…
Question 1: Have you worked confidently in the real estate industry for more than 12 months?
Obviously, the longer you’ve worked in real estate, the more experience you’ll have. But that shouldn’t deter agents with one to two years of experience from applying for RPL.
“It’s about knowing your industry and the legislation and regulation that governs it,” says Wood. “And this takes some agents longer than others.
“If you can confidently operate in the real estate industry, and you have done so for more than one year, you are eligible to apply for RPL. It’s definitely not just a program for seasoned agents.”
Question 2: What knowledge do you have (including other courses you’ve completed)?
Wood says all experience can support your RPL eligibility.
“The only mandatory qualification is a Certificate of Registration,” she says. “All other knowledge and courses you have completed throughout your career can also work in your favour when applying for RPL.
“You might have experience in either sales or property management – and feel more confident in that area. However, that doesn’t mean you wouldn’t be eligible for partial recognition. You’d just then need to complete gap training in those areas in which you lack experience.”
Question 3: Do you have stories to tell to demonstrate your experience?
The best way to illustrate a point is by using examples, and Wood says it’s no different for RPL.
“To understand and assess your eligibility, we want to know that you not only know your stuff but have applied it in different working scenarios,” she says.
“So when completing the self-assessment questionnaire, we ask you to provide examples that can relate to the units of competence. For example, for Client Relationships, your story should demonstrate a difficult situation with a client and detail the steps taken to achieve a workable outcome.”