Class 1 Licensee in Charge
CPP51122 Diploma of Property (Agency Management)
Your pathway to the highest NSW real estate licence. The Diploma of Property qualifies you to manage or own an agency as a Licensee in Charge.
What this qualification gives you
Complete the CPP51122 Diploma of Property (Agency Management) and you are qualified to be the Licensee in Charge of a NSW agency.
Who it's for
- Licensed agents moving into management
- Future agency owners
- Anyone responsible for a trust account
What's included
- CPP51122 Diploma of Property (Agency Management)
- Pathway to agency ownership
- After-hours support throughout
Units of competency
The Class 1 Licensee in Charge licence requires the CPP51122 Diploma of Property (Agency Management), which is 12 units, seven core plus five electives. The seven core units are fixed and shown below. The electives build agency leadership, marketing and business skills. On completion you receive the nationally recognised Diploma.
Core units
7 units- CPPREP5001Manage compliance in the property industry
- CPPREP5002Establish and monitor property industry trust account management practices
- CPPREP5003Manage ethical practice in the property industry
- CPPREP5004Manage a safe workplace in the property industry
- CPPREP5005Manage teams in the property industry
- CPPREP5006Manage operational finances in the property industry
- CPPREP5007Develop a strategic business plan in the property industry
Electives, agency leadership and business
5 units- CPPREP5008Market the property agency
- BSBOPS502Manage business operational plans
- CPPREP5010Manage customer service activities in the property industry
- BSBLDR522Manage people performance
- BSBLDR602Provide leadership across the organisation
Where this licence takes you
- 1Class 2 Agent Licence
- 2Class 1 Licensee in Charge (this course)
- 3Own or run your own NSW agency
Next step: This is the highest NSW real estate licence. From here you maintain it with ongoing continuing professional development.
Roles this opens
- Be the Licensee in Charge of an agency
- Open and authorise trust account transactions
- Take responsibility for trust account compliance
- Supervise Class 2 agents and assistant agents
- Operate independently and own your agency
Entry requirements
To enrol with Archer
- Hold a NSW Class 2 Agent Licence
- You should be 18 or older
- Comfortable studying and being assessed in English
- A Unique Student Identifier (USI), which we can help you set up
To hold the licence (NSW Fair Trading)
- Have held an unrestricted Class 2 licence for at least 2 years
- Complete the supervised logbook for the Class 1 pathway
- Be a fit and proper person, no fraud or dishonesty offence in the past 10 years
- Have a registered office in NSW
- Lodge your Diploma with NSW Fair Trading
Built for real careers, backed by real people
Nationally recognised
Training delivered by a Registered Training Organisation, RTO 45020.
Real human support
Local people you can actually reach, throughout the life of your course.
Study around life
100% online and self-paced, fit it around work and family.
Australian-based team
Help when you need it, including after hours.
Class 1 Licensee in Charge FAQs
What do I get when I finish?+–
You receive the full, nationally recognised CPP51122 Diploma of Property (Agency Management), which is the qualification NSW Fair Trading requires for a Class 1 Licensee in Charge licence.
Do I need to hold a Class 2 licence first?+–
Yes. To be issued a Class 1 licence you must have held an unrestricted Class 2 licence for at least two years and completed the required logbook experience. Many students study the Diploma during that period.
I already hold a Class 2 licence, do I get credit?+–
You may be eligible for credit transfer or recognition of prior learning for units you have already completed. This is assessed individually, so our team will look at your history and confirm what you need.
What can a Licensee in Charge do?+–
A Class 1 Licensee in Charge can run or own an agency, be the responsible person for the trust account, and supervise Class 2 and assistant agents. It is the highest of the three NSW licence classes.
Which elective units will I study?+–
The seven core units are fixed by the Diploma. The electives offered by Archer Institute are listed above.
Can I pay monthly?+–
Yes. Class 1 Licensee in Charge has a payment plan of $450 per month for 4 months, at no extra cost. You choose it when you enrol through our enrolment portal, and you get full course access straight away.
Enrol in Class 1 Licensee in Charge, or ask us first
More NSW courses
NSW CPD Training
Annual CPD, all licence categories
Class 3 Assistant Agent
NSW Certificate of Registration
Class 2 Agent Licence
CPP41419 Certificate IV in Real Estate Practice
or $300/month for 4 months, no extra cost
