World Of Taxonomy
6121Level 4

Real Estate Sales Agents

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

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