Domain - Real Estate Management

Domain - Real Estate Management

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Assessment Standards

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Level 4

Outline plans for real estate projects
This standard has expired and is no longer available.

Version 11

4694 Unit Standard 3 Credits

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This unit standard is for people who intend to operate as branch managers or licensees in the real estate industry. People credited with this unit standard are able to: - outline goals to be achieved and tasks to be done for a specific real estate project; and - outline how and when goals will be achieved, and tasks carried out.

Standard-setting body:

Ringa Hora Services Workforce Development Council

Demonstrate knowledge of financial transactions and financial statements for real estate firms
This standard has expired and is no longer available.

Version 11 This unit standard and unit standards 4696, 4698 and 4702 were replaced by unit standard 30494.

4699 Unit Standard 4 Credits

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This unit standard is for people who intend to operate as branch managers or agents in the real estate industry. People credited with this unit standard are able to: - demonstrate knowledge of financial transactions in real estate firms from computer-based reports; and - demonstrate knowledge of end of period statements for real estate firms.

Standard-setting body:

Ringa Hora Services Workforce Development Council

Level 5

Develop a policies and practice manual to support real estate best practice
This standard has expired and is no longer available.

Version 7 This unit standard and unit standards 4693, 5146 and 22306 were replaced by unit standard 30481.

26153 Unit Standard 10 Credits

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This unit standard is for people preparing to gain a licence as an agent. People credited with this unit standard are able to: - scope and prepare to develop policies and practice manual to fulfil agency requirements; - develop and write the policies and practice manual to meet industry requirements; and - explain and develop the requirements for ongoing review of the policies and practice manual.

Standard-setting body:

Ringa Hora Services Workforce Development Council

Evaluate and support licensees and employees with real estate contracts and property management

Word  PDF

Version 2 This unit standard replaced unit standards 4703, 4704, 4705 and 4707.

30488 Unit Standard 5 Credits

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This unit standard is for people who intend to operate as branch managers or agents in the real estate industry. People credited with this unit standard are able to: - describe concepts of real estate contracts; - evaluate and support licensees in the preparation of real estate contracts; - support licensees with the discharge of real estate contracts; - demonstrate knowledge of real estate leases; and - demonstrate knowledge of property management legislation and processes.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council

Manage the staffing function in real estate firms
This standard has expired and is no longer available.

Version 11 This unit standard and unit standards 4698, 4699 and 4702 were replaced by unit standard 30494.

4696 Unit Standard 5 Credits

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This unit standard is for people who intend to operate as branch managers or agents in the real estate industry. People credited with this unit standard are able to: - design and analyse jobs, and complete job descriptions and person specifications for all real estate staff; - recruit, select, and induct staff according to company procedures; - manage applications to the Real Estate Agents Authority for salespersons'', branch managers'', and agents'' licences; - develop employment agreements and contracts for service with independent contractors; - develop procedures for correction of unsatisfactory work as defined in the job description; and - develop procedures for the dismissal of employees and contractors.

Standard-setting body:

Ringa Hora Services Workforce Development Council

Facilitate performance of employees and contractors in real estate firms
This standard has expired and is no longer available.

Version 11 This unit standard was replaced by unit standard 30484 and unit standard 30485.

4697 Unit Standard 5 Credits

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This unit standard is for people who intend to operate as branch managers or agents in the real estate industry. People credited with this unit standard are able to: - make agreements on performance objectives and rewards with staff in real estate firms; - develop a business plan that underpins performance management of staff; - identify and describe key negotiation processes, leadership styles, and motivational approaches, to be applied in performance management; - appraise the performance of staff; - identify and analyse performance problems and explain methods to improve performance through coaching and mentoring; and - outline a training programme for staff.

Standard-setting body:

Ringa Hora Services Workforce Development Council

Demonstrate knowledge of team management and team building methods appropriate for real estate firms
This standard has expired and is no longer available.

Version 11 This unit standard and unit standards 4696, 4699 and 4702 were replaced by unit standard 30494.

4698 Unit Standard 4 Credits

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This unit standard is for people who intend to operate as branch managers or agents in the real estate industry. People credited with this unit standard are able to: - identify and explain team building methods appropriate to real estate firms; - identify possible areas for conflict and explain possible resolutions; - outline the process and plan for team resolution meetings in real estate firms; and - explain one change management process appropriate to team building in real estate firms in simple terms.

Standard-setting body:

Ringa Hora Services Workforce Development Council

Demonstrate knowledge of managing a trust account for a real estate business

Word  PDF

Version 9

4700 Unit Standard 5 Credits

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This unit is for people who intend to operate as branch managers or agents in the real estate industry. People credited with this unit standard are able to: - demonstrate knowledge of managing a trust account in a real estate business; and - demonstrate knowledge of maintaining records of transactions and account for funds.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council

Implement internal controls and conduct internal checks and audits in real estate firms
This standard has expired and is no longer available.

Version 11 This unit standard and unit standards 4696, 4698 and 4699 were replaced by unit standard 30494.

4702 Unit Standard 3 Credits

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This unit standard is for people who intend to operate as branch managers or agents in the real estate industry. People credited with this unit standard are able to: - implement internal financial controls and conduct checks to safeguard cash and other assets of a real estate firm; and - confirm the validity and reliability of accounting data.

Standard-setting body:

Ringa Hora Services Workforce Development Council

Manage the preparation of real estate contracts
This standard has expired and is no longer available.

Version 11 This unit standard and unit standards 4704, 4705 and 4707 were replaced by unit standard 30488.

4703 Unit Standard 4 Credits

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This unit standard is for people who intend to operate as branch managers or agents in the real estate industry. People credited with this unit standard are able to: - ensure the validity of real estate contracts; - identify breaches of contract and establish remedies; - ensure that conduct and practices of salespeople relating to real estate contracts meet the requirements of the Fair Trading Act 1986; - enable staff to prepare real estate contracts; and - ensure that conduct and practices of salespeople relating to real estate contracts meet the requirements of the Consumer Guarantees Act 1993.

Standard-setting body:

Ringa Hora Services Workforce Development Council

Facilitate the discharge of real estate contracts
This standard has expired and is no longer available.

Version 12 This unit standard and unit standards 4703, 4705 and 4707 were replaced by unit standard 30488.

4704 Unit Standard 3 Credits

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This unit standard is for people who intend to operate as branch managers or agents in the real estate industry. People credited with this unit standard are able to: - facilitate the discharge of real estate contracts; - identify real estate contracts that may be invalid or unenforceable; - identify and explain the reasons why real estate contracts may be enforceable due to part performance; and - enable staff to facilitate the discharge of real estate contracts.

Standard-setting body:

Ringa Hora Services Workforce Development Council

Manage real estate contracts of agency
This standard has expired and is no longer available.

Version 13 This unit standard and unit standards 4703, 4704 and 4707 were replaced by unit standard 30488.

4705 Unit Standard 3 Credits

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This unit standard is for people who intend to operate as branch managers or agents in the real estate industry. People credited with this unit standard are able to: - describe the concept of contracts of agency as it applies to real estate firms; - form agency relationships with principals; and - enable staff to carry out work associated with real estate agency agreements.

Standard-setting body:

Ringa Hora Services Workforce Development Council

Demonstrate knowledge of directing real estate entities under the Companies Act 1993
This standard has expired and is no longer available.

Version 11 This unit standard and unit standards 4693, 26153 and 22306 were replaced by unit standard 30481.

5146 Unit Standard 5 Credits

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This unit standard is for people who intend to operate as directors in real estate companies. People credited with this unit standard are able to: - describe the process and preparation of documentation for registration of new real estate companies and their constitution; - describe the company records which are required to be maintained under the Companies Act 1993; - describe and apply the solvency test in given circumstances; and - explain the directors'' obligations to shareholders.

Standard-setting body:

Ringa Hora Services Workforce Development Council

Level 6

Identify, evaluate, and mitigate risks in a real estate agency
This standard has expired and is no longer available.

Version 5 This unit standard replaced unit standard 4701.

23132 Unit Standard 7 Credits

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This unit standard is for people who intend to operate as agents in the real estate industry. People credited with this unit standard are able to: - demonstrate and apply knowledge of risk assessment for a real estate agency; - develop policy to target and mitigate risks within a real estate agency; and - demonstrate knowledge of insurance needs for a real estate agency.

Standard-setting body:

Ringa Hora Services Workforce Development Council

Demonstrate and apply knowledge of business entities and a policy and procedure manual in a real estate context

Word  PDF

Version 2

30481 Unit Standard 10 Credits

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This unit standard is for people who intend to operate as agents in the real estate industry. People credited with this unit standard are able to: - demonstrate knowledge of business entities in a real estate context; and - demonstrate knowledge of a policy and procedures manual for a business entity in a real estate context.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council

Develop and evaluate a real estate business's organisational processes and practices for real estate complex contracts

Word  PDF

Version 2

30482 Unit Standard 5 Credits

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This unit standard is for people who intend to operate as a licensed agent within the real estate industry. People credited with this unit standard are able to develop and evaluate a real estate business''s organisational processes and practices for real estate complex contracts.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council

Develop and support a real estate business and licensee to achieve business and professional goals

Word  PDF

Version 2

30483 Unit Standard 5 Credits

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This unit standard is for people who intend to operate as branch managers or agents in the real estate industry. People credited with this unit standard are able to: - develop organisational performance goals consistent with a real estate business''s goals and objectives; and - communicate and provide support for professional development of a licensee within a real estate business.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council

Support and enable licensees and employees to improve engagement and productivity within a real estate branch or agency
This standard has expired and is no longer available.

Version 2 This unit standard and unit standard 30485 replaced unit standard 4697.

30484 Unit Standard 3 Credits

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This unit standard is for people who intend to operate as branch managers or agents in the real estate industry. People credited with this unit standard are able to support and enable licensees and employees to improve engagement and productivity within a real estate branch or agency.

Standard-setting body:

Ringa Hora Services Workforce Development Council

Demonstrate and apply knowledge of human resource management, risk management, and revenue for a real estate business

Word  PDF

Version 2 This unit standard replaced unit standards 4696, 4698, 4699 and 4702.

30494 Unit Standard 6 Credits

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This unit standard is for people who intend to operate as a licenced agent in the real estate industry. People credited with this unit standard are able to: - manage recruitment within a real estate business; - demonstrate knowledge of building a sustainable team culture for a real estate business; - evaluate the disciplinary and dismissal procedures for a real estate business; - demonstrate knowledge of risk management within a real estate business; - analyse internal controls and checks in a real estate business; and - demonstrate knowledge of improving revenue and performance of a real estate business.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council

Analyse strategies for cultural inclusion to support business objectives in the real estate context

Word  PDF

Version 1

32733 Unit Standard 5 Credits

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This unit standard is for people preparing for entry into, or who are currently working in the real estate industry, or who intend to operate as a licensed agent. People credited with this unit standard are able to analyse strategies for cultural inclusion to support business objectives in the real estate context.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council

Demonstrate knowledge of and develop professional, ethical, and social policies in a real estate context

Word  PDF

Version 1

32734 Unit Standard 5 Credits

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This unit standard is for people preparing for entry into, or who are currently working in the real estate industry, or who intend to operate as a licensed agent. People credited with this unit standard are able to: - demonstrate knowledge of appropriate professional, ethical and social models of behaviour in the real estate context; and - develop components of a policies and practice manual to be integrated as part of a strategic business plan for a real estate business.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council

Develop new business plans for real estate firms
This standard has expired and is no longer available.

Version 12 This unit standard and unit standards 5146, 26153 and 22306 were replaced by unit standard 30481.

4693 Unit Standard 8 Credits

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This unit standard is for people who intend to operate as agents in the real estate industry. People credited with this unit standard are able to: - analyse environments and develop competitive strategies for real estate firms; - develop mission statements for real estate firms; - develop strategic goals for real estate firms; - facilitate development of team and individual objectives and action plans; - identify resource requirements and sources and explain how resources will be used; and - prepare budgets and cash flow statements.

Standard-setting body:

Ringa Hora Services Workforce Development Council

Implement and evaluate a marketing strategy for a property or business

Word  PDF

Version 9

4695 Unit Standard 6 Credits

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This unit standard is for people preparing for entry into, or who are currently working in the real estate industry, or who intend to operate as a branch manager. People credited with this unit standard are able to: - conduct market research with a view to sell a property or business; - develop a marketing strategy to sell the property or business; and - implement and evaluate a marketing strategy for effectiveness.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council

Data as at 2024-04-25 23:01:13.2