Domain - Rural, Residential, Commercial and Business Sales

Domain - Rural, Residential, Commercial and Business Sales

Search Standards

All unit standards registered on the Directory of Assessment Standards may be accessed here. 

TOP > Service Sector > Real Estate > Rural, Residential, Commercial and Business Sales

Qualifications Domain-full

No qualifications currently registered at this level. Also check fields and sub-fields.

Assessment Standards

Hide education organisations, CMR & purpose  »

Level 3

Demonstrate knowledge of basic real estate marketing
This standard has expired and is no longer available.

Version 3 This unit standard replaced unit standard 4660.

23156 Unit Standard 3 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for salespersons in the real estate industry. People credited with this unit standard are able to: - describe the marketing mix as applied to real estate; - describe market segmentation and target marketing as applied to real estate; - describe the real estate sales cycle; and - develop prospecting strategies and strategies to market real estate services.

Standard-setting body:

The Skills Organisation

Level 4

Prepare appraisals of lifestyle properties
This standard is expiring. The last date for assessment to take place is 30 June 2023.

Word  PDF

Version 9 This unit standard and unit standards 23153 and 23154 were replaced by unit standard 30503.

15501 Unit Standard 4 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people who are currently working in the rural and residential sectors of the real estate industry. People credited with this unit standard are able to: - complete and explain the inspection and agency agreement process; - explain and demonstrate methods of appraisal as applicable to lifestyle properties; and - complete and explain agency agreements to prospective client.

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Prepare, plan, and facilitate a property sale by auction

Word  PDF

Version 4

15502 Unit Standard 3 Credits

View Education Organisations with Consent to Assess  »

This assessment standard is for people who intend to market properties for sale using the auction method. People credited with this assessment standard are able to: - demonstrate knowledge of legislation pertaining to property sale by auction; - list a property for sale by auction; - attract and qualify prospective purchasers to properties for sale by auction; - facilitate the sale and purchase of property by auction; and - demonstrate knowledge of the process for a sale of a property when not sold at auction, under the hammer.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Appraise smaller businesses
This standard has expired and is no longer available.

Version 2 This unit standard and unit standard 23143 have been replaced by unit standard 26151. This unit standard, unit standard 23143, and unit standard 23144 replaced unit standard 4689 and unit standard 4712.

23142 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for salespersons in the business broking sector of the real estate industry. People credited with this unit standard are able to: prepare appraisal of the market value of a smaller business; reach agreement with vendors on selling price ranges suggested in the appraisal and preferred financial arrangements; and demonstrate an understanding of the need to confirm appraisals of market values of smaller businesses.

Standard-setting body:

The Skills Organisation - Real ITO

Appraise medium size businesses
This standard has expired and is no longer available.

Version 2 This unit standard and unit standard 23142 have been replaced by unit standard 26151. This unit standard, unit standard 23142, and unit standard 23144 replaced unit standard 4689 and unit standard 4712.

23143 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for salespersons in the business broking sector of the real estate industry. People credited with this unit standard are able to: prepare appraisal of the market value of medium size business; reach agreement with vendors on selling price ranges suggested in the appraisal and preferred financial arrangements; and demonstrate an understanding of the need to confirm appraisals of market values of medium size businesses.

Standard-setting body:

The Skills Organisation - Real ITO

Appraise and complete agency agreements for larger sized businesses
This standard is expiring. The last date for assessment to take place is 30 June 2023.

Word  PDF

Version 8 This unit standard and unit standard 26151 were replaced by unit standard 30489.

23144 Unit Standard 6 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people who are preparing to enter into, or who are currently working in, the business broking sector of the real estate industry. People credited with this unit standard are able to: - prepare appraisals of the market value of larger size businesses; - complete and explain agency agreements to prospective client; and - demonstrate an understanding of the need to confirm appraisals of market values of larger businesses.

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Facilitate the sale and purchase of businesses
This standard has expired and is no longer available.

Version 4 This unit standard and unit standard 23146 were replaced by unit standard 30491.

23145 Unit Standard 4 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for salespersons in the business broking sector of the real estate industry. People credited with this unit standard are able to: - draft an Agreement for Sale and Purchase of a Business form with customer; - demonstrate and explain the negotiation process between the customer and client for the sale of a business; and - demonstrate knowledge of after-sales service methods in the real estate industry.

Standard-setting body:

The Skills Organisation

Prepare Agreement for Sale and Purchase of a Business relating to sale of franchise operations
This standard is expiring. The last date for assessment to take place is 30 June 2023.

Word  PDF

Version 8 This unit standard and unit standard 23145 were replaced by unit standard 30491.

23146 Unit Standard 4 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for salespersons preparing to enter into, or who are currently working in, the business broking sector of the real estate industry. People credited with this unit standard are able to: - identify and correct errors and omissions in an Agreement for Sale and Purchase of a Business form; - prepare clauses for an Agreement for Sale and Purchase of a Business form to cover purchase of a franchise operation; and - draft an Agreement for Sale and Purchase of a Business form for a franchise operation.

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Demonstrate knowledge of the business broking sector in real estate
This standard has expired and is no longer available.

Version 4 This unit standard was replaced by unit standard 30492.

23147 Unit Standard 4 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people preparing to enter into, or who are currently working in, the business broking sector of the real estate industry. People credited with this unit standard are able to: - describe the role of the salesperson in business broking; - identify and describe three different types of businesses; - describe the importance of small to medium enterprises to the New Zealand economy; and - explain the information needed to make business appraisals for small, medium, and large businesses.

Standard-setting body:

The Skills Organisation

Qualify customers and demonstrate knowledge of investment factors for commercial and industrial properties
This standard has expired and is no longer available.

Version 4 This unit standard replaced unit standard 4676. This unit standard and unit standard 4674 were replaced by unit standard 30496.

23148 Unit Standard 4 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people preparing to enter into, or who are currently working in, the commercial and industrial sectors of the real estate industry. People credited with this unit standard are able to: - qualify prospective commercial and industrial real estate customers; and - demonstrate knowledge of types of investment factors and terms for prospective customers of commercial and industrial properties.

Standard-setting body:

The Skills Organisation

Prepare sale and purchase agreements for complex situations relating to residential property
This standard is expiring. The last date for assessment to take place is 30 June 2023.

Word  PDF

Version 8 This unit standard replaced unit standard 4668. This unit standard was replaced by unit standard 30501.

23150 Unit Standard 4 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people preparing to enter into, or who are currently working in, the residential sector of the real estate industry. People credited with this unit standard are able to: - identify and correct errors and omissions in an Agreement for Sale and Purchase of Real Estate form; - prepare two clauses for the Agreement for Sale and Purchase of Real Estate form to cover complex situations; - draft an Agreement for Sale and Purchase of Real Estate form for vacant residential land; and - draft an Agreement for Sale and Purchase of Real Estate form for a residential property on a unit title or company shares.

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Prepare sale and purchase agreements for complex situations relating to rural property
This standard is expiring. The last date for assessment to take place is 30 June 2023.

Word  PDF

Version 8 This unit standard replaced unit standard 4673. This unit standard was replaced by unit standard 30505.

23152 Unit Standard 4 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people who are currently working in the residential sector of the real estate industry. People credited with this unit standard are able to: - identify and correct errors and omissions in an Agreement for Sale and Purchase of Real Estate form; - prepare two clauses for an Agreement for Sale and Purchase of Real Estate form to cover complex situations; - draft an Agreement for Sale and Purchase of Real Estate form for pastoral or arable property; - draft an Agreement for Sale and Purchase of Real Estate form for a horticultural or specialised unit; - explain the obligations, restrictions and implications for licensees in the drafting of an Agreement for Sale and Purchase of Real Estate form; and - demonstrate knowledge of after-sales service methods in the real estate industry.

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Prepare appraisals of horticultural and specialised unit properties
This standard is expiring. The last date for assessment to take place is 30 June 2023.

Word  PDF

Version 8 This unit standard and unit standard 23154 replaced unit standard 4709. This unit standard and unit standards 15501 and 23154 were replaced by unit standard 30503.

23153 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people who are preparing to enter, or who are currently working in, the rural sector of the real estate industry. People credited with this unit standard are able to: - explain and demonstrate methods of appraisal as applicable to horticultural and specialised unit properties; and - demonstrate an understanding of the need to confirm appraisals of market values for horticultural properties and specialised units.

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Prepare appraisals of pastoral and arable properties
This standard is expiring. The last date for assessment to take place is 30 June 2023.

Word  PDF

Version 8 This unit standard and unit standards 15501 and 23153 were replaced by unit standard 30503.

23154 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people who are preparing to enter into, or who are currently working in, the rural sector of the real estate industry. People credited with this unit standard are able to: - explain and demonstrate methods of appraisal as applicable to pastoral and arable properties; and - demonstrate an understanding of the need to confirm appraisals of market values for pastoral or arable properties.

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Demonstrate an understanding of the auction and tender methods for sale of real estate in New Zealand
This standard has expired and is no longer available.

Version 2 This unit standard has been replaced by unit standard 26150.

23155 Unit Standard 3 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people preparing for entry into the real estate industry as salespersons. People credited with this unit standard are able to: explain the Auction Method of Sale for real estate; and explain the Tender Method of Sale for real estate.

Standard-setting body:

The Skills Organisation - Real ITO

Demonstrate knowledge of building styles and materials for real estate in New Zealand

Word  PDF

Version 6

23157 Unit Standard 3 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for property managers in the residential tenancy and property management sector, and for people preparing for entry into, or who are currently working in, the real estate industry. People credited with this unit standard are able to: - demonstrate knowledge of New Zealand housing styles; - demonstrate knowledge of different types of foundations, framings, and floorings of buildings; - demonstrate knowledge of different types and conditions of building exterior wall and roof claddings; and - identify and describe different types of joinery, interior finishes, and insulation in buildings.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Develop property descriptions of rural properties
This standard has expired and is no longer available.

Version 3 This unit standard and unit standard 4671 were replaced by unit standard 30504.

23441 Unit Standard 4 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for salespersons in the rural sector of the real estate industry. People credited with this unit standard are able to develop property descriptions of rural properties.

Standard-setting body:

The Skills Organisation

Develop descriptions for use in marketing businesses for sale
This standard has expired and is no longer available.

Version 4 This unit standard was replaced by unit standard 30490.

23442 Unit Standard 4 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for salespersons in the business broking sector of the real estate industry. People credited with this unit standard are able to develop descriptions for use in marketing businesses for sale.

Standard-setting body:

The Skills Organisation

Develop property descriptions of residential properties
This standard has expired and is no longer available.

Version 4 This unit standard was replaced by unit standard 30500.

23443 Unit Standard 4 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for salespersons in the residential sector of the real estate industry. People credited with this unit standard are able to develop property descriptions of residential properties.

Standard-setting body:

The Skills Organisation

Develop an investment summary for, and explain the property description of, a commercial or industrial property
This standard has expired and is no longer available.

Version 4 This unit standard and unit standard 4669 were replaced by unit standard 30493.

23444 Unit Standard 4 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for salespersons the commercial/industrial sector of the real estate industry. People credited with this unit standard are able to develop an investment summary for, and explain the property description of, a commercial or industrial property.

Standard-setting body:

The Skills Organisation

Demonstrate knowledge of methods for sale of real estate in New Zealand

Word  PDF

Version 5 This unit standard replaced unit standard 23155.

26150 Unit Standard 4 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people preparing for entry into, or who are currently working in, the real estate industry as licensees. People credited with this unit standard are able to: - explain the auction method of sale for real estate; - explain the tender method of sale for real estate; - explain other common methods of sale for real estate in New Zealand; and - explain mortgagee sales.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Appraise, complete and explain agency agreements for smaller and medium sized businesses
This standard is expiring. The last date for assessment to take place is 30 June 2023.

Word  PDF

Version 7 This unit standard replaced unit standard 23142 and unit standard 23143. This unit standard and unit standard 23144 were replaced by unit standard 30489.

26151 Unit Standard 9 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people preparing to enter into, or who are currently working in, the business broking sector of the real estate industry. People credited with this unit standard are able to: - prepare appraisal of the market value of smaller and medium sized businesses; - complete and explain agency agreements to prospective client; and - demonstrate an understanding of the need to confirm appraisals of market values of smaller and medium sized businesses.

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Qualify vendors and appraise residential properties
This standard has expired and is no longer available.

Version 4

4667 Unit Standard 3 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for advanced salespersons in the residential sector of the real estate industry. People credited with this unit standard are able to qualify vendors and lessors of residential properties and establish working business relationships with them. They are able to estimate market values of residential properties using analysis of sales, replacement cost, and net rate approaches and reach agreement with vendors and lessors on selling and renting price ranges.

Standard-setting body:

The Skills Organisation - Real ITO

Facilitate the sale and/or purchase of residential properties
This standard has expired and is no longer available.

Version 4 This unit standard has been replaced by unit standard 23150.

4668 Unit Standard 4 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for advanced salespersons in the residential sector of the real estate industry. People credited with this unit standard are able to obtain preliminary closure with prospective buyers, prepare 'Agreement for sale and purchase of real estate' forms, negotiate offers with vendors, determine whether sales processes should be continued, obtain new and counter-offers, and obtain acceptance of offers. They are also able to distribute agreement forms to affected parties, facilitate the meeting of conditions specified in agreements, facilitate confirmation of sales, and provide after-sales services.

Standard-setting body:

The Skills Organisation - Real ITO

Demonstrate knowledge of appraisal and complete investment analyses of residential properties
This standard is expiring. The last date for assessment to take place is 30 June 2023.

Word  PDF

Version 11 This unit standard and unit standard 23444 were replaced by unit standard 30493.

4669 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people working in the residential sector of the real estate industry. This unit standard is not for people who provide property investment advice regulated under the Financial Advisers Act 2008. People credited with this unit standard are able to: - identify the needs, requirements, and objectives of prospective investors; - explain appraisal methods for investment property; - estimate the likely costs and revenues associated with property and calculate investment performance; and - prepare appraisals and investment advice reports.

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Appraise rural properties and qualify vendors
This standard has expired and is no longer available.

Version 4

4670 Unit Standard 4 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for advanced salespersons in the rural sector of the real estate industry. People credited with this unit standard are able to: qualify vendors of rural properties; estimate market values of rural land and buildings and going concerns using analysis of sales; replacement cost, net rate, and capitalisation of income approaches; and reach agreement with vendors on selling price ranges.

Standard-setting body:

The Skills Organisation - Real ITO

List rural properties and promote listings
This standard has expired and is no longer available.

Version 6 This unit standard and unit standard 23441 were replaced by unit standard 30504.

4671 Unit Standard 4 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for salespersons in the rural sector of the real estate industry. People credited with this unit standard are able to: - obtain contracts of agency and reach agreement on marketing programmes to be employed; - establish authority and obtain signed authorities from vendors to market rural property on their behalf; - develop descriptions of rural properties; and - plan and implement agreed marketing programmes.

Standard-setting body:

The Skills Organisation

Qualify and advise prospective buyers of rural properties
This standard has expired and is no longer available.

Version 4

4672 Unit Standard 3 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for advanced salespersons in the rural sector of the real estate industry. People credited with this unit standard are able to qualify prospects, assist prospects acquire information needed for decision making, deal with prospects' requests for advice, and apply the competencies in a rural context.

Standard-setting body:

The Skills Organisation - Real ITO

Facilitate the sale and/or purchase of rural properties
This standard has expired and is no longer available.

Version 4 This unit standard has been replaced by unit standard 23152.

4673 Unit Standard 4 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for advanced salespersons in the rural sector of the real estate industry. People credited with this unit standard are able to obtain preliminary closure with prospective buyers, prepare 'Agreement for sale and purchase of real estate' forms, negotiate offers with vendors, assess circumstances and determine whether sales processes should be continued, obtain new and counter offers, and obtain acceptance of offers. They are also able to distribute agreement forms to affected parties, facilitate the meeting of conditions specified in agreements, facilitate confirmation of sales, and provide after sales services.

Standard-setting body:

The Skills Organisation - Real ITO

Prepare agency agreements and appraisals of commercial and industrial sites and qualify clients
This standard is expiring. The last date for assessment to take place is 30 June 2023.

Word  PDF

Version 11 This unit standard and unit standard 23148 were replaced by unit standard 30496.

4674 Unit Standard 6 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for licensees in the commercial and industrial sector of the real estate industry. People credited with this unit standard are able to: - complete and explain the inspection and agency agreement process; - explain and demonstrate methods of appraisal as applicable to commercial and industrial properties; and - complete and explain agency agreements to prospective clients.

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

List commercial and industrial properties and market listings
This standard has expired and is no longer available.

Version 6 This unit standard was replaced by unit standard 30497.

4675 Unit Standard 4 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for salespersons in the commercial and industrial sector of the real estate industry. People credited with this unit standard are able to: - demonstrate an understanding of the process for obtaining contracts of agency; - develop investment summaries and property descriptions for commercial and industrial properties; and - develop marketing plans and budgets for properties.

Standard-setting body:

The Skills Organisation

Qualify and advise prospective buyers of commercial/industrial properties
This standard has expired and is no longer available.

Version 4 This unit standard has been replaced by unit standard 23148.

4676 Unit Standard 3 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for advanced salespersons in the commercial/industrial sector of the real estate industry. People credited with this unit standard are able to qualify prospects, assist prospects acquire information needed for decision making, deal with prospects' requests for advice, and apply the competencies in a commercial/industrial context.

Standard-setting body:

The Skills Organisation - Real ITO

Facilitate the sale and/or purchase of commercial/industrial properties
This standard has expired and is no longer available.

Version 4 This unit standard has been replaced by unit standard 23149.

4677 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for advanced salespersons in the commercial/industrial sector of the real estate industry. People credited with this unit standard are able to obtain preliminary closure with prospective buyers, prepare 'Agreement for sale and purchase of real estate' forms, negotiate offers with vendors, assess circumstances and determine whether sales processes should be continued, obtain new and counter offers, and obtain acceptance of offers. They are also able to distribute agreement forms to affected parties, facilitate the meeting of conditions specified in agreements, facilitate confirmation of sales, and provide after sales services.

Standard-setting body:

The Skills Organisation - Real ITO

Appraise businesses and qualify vendors
This standard has expired and is no longer available.

Version 4 This unit standard and unit standard 4712 have been replaced by unit standard 23142, unit standard 23143, and unit standard 23144.

4689 Unit Standard 3 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for advanced salespersons in the business broking sector of the real estate industry. People credited with this unit standard are able to qualify vendors of businesses, estimate market values of businesses, and reach agreement with vendors on selling price ranges.

Standard-setting body:

The Skills Organisation - Real ITO

List businesses for sale and manage listings
This standard has expired and is no longer available.

Version 4

4690 Unit Standard 4 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for advanced salespersons in the business broking sector of the real estate industry. People credited with this unit standard are able to obtain contracts of agency and reach agreement on marketing programmes to be employed, obtain signed authorities from vendors to market businesses on their behalf, develop descriptions of businesses, implement agreed marketing programmes, and apply the competencies in the business broking context.

Standard-setting body:

The Skills Organisation - Real ITO

Qualify and advise prospective buyers of businesses
This standard has expired and is no longer available.

Version 4

4691 Unit Standard 3 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for advanced salespersons in the business broking sector of the real estate industry. People credited with this unit standard are able to qualify prospects, assist prospects acquire information needed for decision making, deal with prospects' requests for advice, and apply the competencies in a business broking context.

Standard-setting body:

The Skills Organisation - Real ITO

Facilitate the sale and/or purchase of businesses
This standard has expired and is no longer available.

Version 4 This unit standard has been replaced by unit standard 23145.

4692 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for advanced salespersons in the business broking sector of the real estate industry. People credited with this unit standard are able to obtain preliminary closure with prospective buyers, prepare 'Agreement for sale and purchase of a business' forms, negotiate offers with vendors, assess circumstances and determine whether sales processes should be continued, obtain new and counter-offers, and obtain acceptance of offers. They are also able to distribute agreement forms to affected parties, facilitate the meeting of conditions specified in agreements, facilitate confirmation of sales, and provide after-sales services.

Standard-setting body:

The Skills Organisation - Real ITO

Prepare appraisals of multi-unit residential properties
This standard is expiring. The last date for assessment to take place is 30 June 2023.

Word  PDF

Version 12 This unit standard and unit standard 23151 were replaced by unit standard 30499.

4713 Unit Standard 4 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for currently working in the real estate industry. People credited with this unit standard are able to: - complete and explain the inspection and agency agreement process; - explain and demonstrate methods of appraisal as applicable to multi-unit residential properties; and - demonstrate knowledge of the need to confirm appraisals of market values of multi-unit residential properties.

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Level 5

Facilitate the sale and purchase of commercial and industrial properties

Word  PDF

Version 4

23149 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people preparing to enter, or currently working in, the commercial and industrial sales sector of the real estate industry. People credited with this unit standard are able to: - draft an offer and facilitate the sale for a commercial and industrial property; - draft an offer and facilitate the lease of a commercial and industrial property; and - demonstrate knowledge of GST in terms of the agreement for the sale of a commercial and industrial property.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Demonstrate an understanding of the sub-division process and appraise vacant residential land
This standard is expiring. The last date for assessment to take place is 30 June 2023.

Word  PDF

Version 8 This unit standard replaced unit standard 4710. This unit standard and unit standard 4713 were replaced by unit standard 30499.

23151 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people who are currently working in the real estate industry. People credited with this unit standard are able to: - explain and demonstrate methods of appraisal as applicable to vacant land; and - explain the process for the development of vacant residential land for a subdivision.

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Appraise businesses and complete an agency agreement

Word  PDF

Version 1 This unit standard replaced unit standard 23144 and unit standard 26151.

30489 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people preparing to enter into, or who are currently working in, the business broking sales of the real estate industry. People credited with this unit standard are able to: - appraise businesses in accordance with industry requirements; and - complete an agency agreement for an appraised business.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Develop marketing strategies and market a business for sale

Word  PDF

Version 1 This unit standard replaced unit standard 23442.

30490 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people preparing to enter into, or who are currently working in, the business broking sector of the real estate industry. People credited with this unit standard are able to: - demonstrate knowledge of client and licensee responsibilities in marketing and develop marketing materials to market a business for a client; - develop descriptions and list a business for sale; and - demonstrate knowledge of qualifying a customer who may potentially purchase the marketed business.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Facilitate the sale and purchase of a business

Word  PDF

Version 1 This unit standard replaced unit standard 23145 and unit standard 23146.

30491 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people preparing to enter into, or who are currently working in, the business broking sector of the real estate industry. People credited with this unit standard are able to: - draft and present an offer for a business using a current Agreement for Sale and Purchase of Real Estate form; and - demonstrate knowledge of processes from initial contact to settlement date.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Demonstrate knowledge of the business broking sector in the real estate industry

Word  PDF

Version 1 This unit standard replaced unit standard 23147.

30492 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people preparing to enter into, or who are currently working in, the business broking sector of the real estate industry. People credited with this unit standard are able to: - demonstrate knowledge of business broking in real estate practice; and - demonstrate knowledge of franchises consistent with industry requirements.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Evaluate a licensee's investment analysis of an existing or new residential or commercial property

Word  PDF

Version 2 This unit standard replaced unit standard 4669 and unit standard 23444.

30493 Unit Standard 3 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people who intend to operate as branch managers in the real estate industry. People credited with this assessment standard are able to evaluate a licensee''s investment analysis of an existing or new residential or commercial property.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Inspect, appraise, and complete an agency agreement for a commercial and industrial property

Word  PDF

Version 1 This unit standard replaced unit standard 4674 and unit standard 23148.

30496 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people preparing to enter, or currently working in, the commercial and industrial sales sector of the real estate industry. People credited with this unit standard are able to: - inspect and appraise a commercial and industrial property; - complete and explain the listing process for a commercial and industrial property in accordance with industry requirements; and - explain different types of investment factors and terms for a customer of a commercial and industrial property.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Develop a marketing strategy for a commercial property or an industrial property

Word  PDF

Version 1 This unit standard replaced unit standard 4675.

30497 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people preparing to enter, or currently working in, the commercial and industrial sales sector of the real estate industry. People credited with this unit standard are able to develop a marketing strategy for a commercial property or an industrial property.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Demonstrate knowledge of commercial and industrial real estate

Word  PDF

Version 1

30498 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people preparing to enter, or currently working in, the commercial and industrial sales sector of the real estate industry. People credited with this unit standard are able to: - demonstrate knowledge of the Unit Titles Act 2010 in relation to commercial and industrial real estate; and - demonstrate and apply knowledge of building structures, land issues, land ownership, and council compliance in relation to commercial and industrial real estate transactions.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Demonstrate and apply knowledge to appraise complex residential properties

Word  PDF

Version 1 This unit standard replaced unit standard 4713 and unit standard 23151.

30499 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people preparing to enter, or currently working in, the residential sector of the real estate industry. People credited with this unit standard are able to: - appraise multi-unit residential properties; - complete and explain the agency authority process for the appraised multi-unit properties; - appraise vacant residential land to facilitate a complex real estate transaction; - explain the process for the development of vacant land for a subdivision; and - demonstrate knowledge of investment properties in relation to complex residential real estate transactions.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Develop marketing strategies for an investment property, a multi-unit property, and vacant land

Word  PDF

Version 1 This unit standard replaced unit standard 23443.

30500 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people preparing to enter, or currently working in, the residential sector of the real estate industry. People credited with this unit standard are able to develop marketing strategies for an investment property, a multi-unit property, and vacant land.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Draft sale and purchase agreements and manage the sale of a complex residential property

Word  PDF

Version 1 This unit standard replaced unit standard 23150.

30501 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people preparing to enter into, or who are currently working in, the residential sector of the real estate industry. People credited with this unit standard are able to: - draft an Agreement for Sale and Purchase of Real Estate for vacant land, a unit title property, and an investment property; - facilitate and manage the sale for vacant land, a unit title property, or an investment property; and - explain the process of a sale involving a company share property.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Demonstrate knowledge of complex residential real estate transactions

Word  PDF

Version 1

30502 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people who are preparing to enter into, or currently working in, the residential sector of the real estate industry. People credited with this unit standard are able to: - demonstrate knowledge the Unit Titles Act 2010 in terms of complex residential real estate transactions; - demonstrate knowledge of land ownership, subdivision of land, building structures, and council compliance in terms of complex residential real estate transactions; and - demonstrate knowledge of stigmatised properties in relation to complex residential real estate transactions.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Inspect and appraise rural properties, and complete an agency agreement

Word  PDF

Version 1 This unit standard replaced unit standards 15501, 23153 and 23154.

30503 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people who are preparing to enter into, or currently working in, the rural sector of the real estate industry. People credited with this unit standard are able to: - demonstrate knowledge of inspections and appraisal methods for rural properties; - inspect and appraise a lifestyle property; - appraise a horticultural property; - appraise a dairy or a sheep and cattle property; - complete an agency agreement for an appraised property; and - explain the licensee''s responsibilities from initial contact to settlement date.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Develop marketing strategies to list and market a rural property

Word  PDF

Version 1 This unit standard replaced unit standard 4671 and unit standard 23441.

30504 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people who are preparing to enter into, or currently working in, the rural sector of the real estate industry. People credited with this unit standard are able to: - develop marketing materials to market a rural property; - prepare a property description for the property; and - list and market the property.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Prepare and present Sales and Purchase Agreements for rural properties

Word  PDF

Version 1 This unit standard replaced unit standard 23152.

30505 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people who are preparing to enter into, or currently working in, the rural sector of the real estate industry. People credited with this unit standard are able to: - explain the obligations, restrictions, and implications in drafting an Agreement for Sale and Purchase of Real Estate for a rural property; - demonstrate knowledge of GST and taxation in relation to rural land transactions; - draft an Agreement for Sale and Purchase of Real Estate form for different rural properties; and - facilitate and manage the sale of rural properties in accordance with industry requirements.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Demonstrate knowledge of legislation and council compliance applicable for rural real estate

Word  PDF

Version 1

30506 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

This unit standard is for people who are preparing to enter into, or currently working in, the rural sector of the real estate industry. People credited with this unit standard are able to - demonstrate knowledge of legislation as applied to rural real estate; and - demonstrate knowledge of council compliance and zoning as applied to rural real estate.

Consent & Moderation Requirements:

CMR 3 Word PDF

Standard-setting body:

Ringa Hora Services Workforce Development Council The Skills Organisation

Prepare and confirm appraisals of rural properties
This standard has expired and is no longer available.

Version 4 This unit standard has been replaced by unit standard 23153 and unit standard 23154.

4709 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

People credited with this unit standard are able to: estimate the market values of rural land and buildings and going concerns; confirm, and adjust if necessary, estimates of market values of properties prepared by sales staff; and enable staff to carry out the work required associated with appraisal of rural properties.

Standard-setting body:

The Skills Organisation - Real ITO

Prepare and confirm appraisals of vacant residential land and improvements to residential properties
This standard has expired and is no longer available.

Version 4 This unit standard has been replaced by unit standard 23157.

4710 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

People credited with this unit standard are able to: estimate land values, the value of improvements to residential properties, and the market value of income-producing residential properties; confirm, and adjust if necessary, estimates of market values of properties prepared by sales staff: and enable staff to carry out the work associated with appraisal of vacant residential land.

Standard-setting body:

The Skills Organisation - Real ITO

Prepare and confirm appraisals of commercial/industrial sites
This standard has expired and is no longer available.

Version 5

4711 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

People credited with this unit standard are able to: estimate the market value of industrial and commercial sites; confirm, and adjust if necessary, estimates of market values prepared by sales staff; and enable staff to carry out the work associated with appraisal of industrial and commercial sales.

Standard-setting body:

The Skills Organisation - Real ITO

Prepare and confirm appraisals of larger businesses
This standard has expired and is no longer available.

Version 5 This unit standard and unit standard 4689 have been replaced by unit standard 23142, unit standard 23143, and unit standard 23144.

4712 Unit Standard 5 Credits

View Education Organisations with Consent to Assess  »

People credited with this unit standard are able to: interpret business data and assess impact on market values; analyse and adjust financial statements; prepare assessments of value of larger businesses; set selling price ranges for larger businesses; confirm, and adjust, if necessary, estimates of market values prepared by sales staff; and enable staff to carry out the work associated with appraisal of larger businesses.

Standard-setting body:

The Skills Organisation - Real ITO

Data as at 24 January 2022