Field Service Sector
Review of Real Estate unit standards
|
Subfield |
Domain |
ID |
|
Real Estate |
Real Estate Management |
23132 |
|
Real Estate Practice and Law |
4714 |
|
|
Residential and Commercial Property Management |
4683-4688, 22303, 22305, 22308, 22309, 27487, 27493 |
|
|
Rural, Residential, Commercial and Business Sales |
23149, 30489-30493, 30496-30506 |
Ringa Hora – Services Workforce Development Council has completed the review of the unit standards listed above.
Date new versions published May 2022
Summary
These unit standards have been designated expiring without replacement as they are not fit for purpose. Some standards have had no usage reported against them since 2017, and the rest are used in a qualification that expires in June 2023 and which will not be replaced. These standards were sent out for consultation and all stakeholders agreed that there is no more use for them.
Main changes
· The unit standards were set to expire without replacement.
Category D unit standards will expire at the end of June 2023
Detailed list of unit standards – classification, title, level, and credits
|
Key to review category |
|
|
A |
Dates changed, but no other changes are made - the new version of the standard carries the same ID and a new version number |
|
B |
Changes made, but the overall outcome remains the same - the new version of the standard carries the same ID and a new version number |
|
C |
Major changes that necessitate the registration of a replacement standard with a new ID |
|
D |
Standard will expire and not be replaced |
Service Sector > Real Estate > Real Estate Management
|
Title |
Level |
Credit |
Review Category |
|
|
23132 |
Identify, evaluate, and mitigate risks in a real estate agency |
6 |
7 |
D |
Service Sector > Real Estate > Real Estate Practice and Law
|
ID |
Title |
Level |
Credit |
Review Category |
|
4714 |
Provide real estate clients or customers with information on resource management |
6 |
7 |
D |
Service Sector > Real Estate > Residential and Commercial Property Management
|
ID |
Title |
Level |
Credit |
Review Category |
|
4683 |
Complete contracts and obtain authorities to manage commercial and industrial properties |
5 |
4 |
D |
|
4684 |
Prepare management plans for commercial and industrial properties |
5 |
6 |
D |
|
4685 |
Attract and qualify tenants for commercial and industrial properties and prepare lease agreements |
5 |
7 |
D |
|
4686 |
Manage tenants and leases for commercial properties |
5 |
5 |
D |
|
4687 |
Prepare management plans for commercial and industrial properties |
5 |
5 |
D |
|
4688 |
Report on the performance of commercial properties |
6 |
5 |
D |
|
22303 |
Apply entrepreneurship and innovation in a property investment context |
6 |
6 |
D |
|
22305 |
Apply entrepreneurship and innovation to managing a rental roll |
6 |
6 |
D |
|
22308 |
Manage tenanted apartments for a body corporate on an ongoing basis |
4 |
6 |
D |
|
22309 |
Prepare and conduct body corporate meetings |
5 |
3 |
D |
|
27487 |
Develop a disaster recovery plan for a residential property management company |
5 |
6 |
D |
|
27493 |
Assess and report on the efficiency, comfort, and health of a given house for residential property marketing |
3 |
3 |
D |
Service Sector > Real Estate > Rural, Residential, Commercial and Business sales
|
ID |
Title |
Level |
Credit |
Review Category |
|
23149 |
Facilitate the sale and purchase of commercial and industrial properties |
5 |
5 |
D |
|
30489 |
Appraise business and complete an agency agreement |
5 |
5 |
D |
|
30490 |
Develop marketing strategies and market a business for sale |
5 |
5 |
D |
|
30491 |
Facilitate the sale and purchase of a business |
5 |
5 |
D |
|
30492 |
Demonstrate knowledge of the business broking sector in the real estate industry |
5 |
5 |
D |
|
30493 |
Evaluate a licensee’s investment analysis of an existing or new residential or commercial property |
5 |
3 |
D |
|
30496 |
Inspect, appraise, and complete an agency agreement for a commercial and industrial property |
5 |
5 |
D |
|
30497 |
Develop a marketing strategy for a commercial property or an industrial property |
5 |
5 |
D |
|
30498 |
Demonstrate knowledge of commercial and industrial real estate |
5 |
5 |
D |
|
30499 |
Demonstrate and apply knowledge to appraise complex residential properties |
5 |
5 |
D |
|
30500 |
Develop marketing strategies for an investment property, a multi-unit property, and vacant land |
5 |
5 |
D |
|
30501 |
Draft sale and purchase agreements and manage the sale of a complex residential property |
5 |
5 |
D |
|
30502 |
Demonstrate knowledge of complex residential real estate transactions |
5 |
5 |
D |
|
30503 |
Inspect and appraise rural properties, and complete an agency agreement |
5 |
5 |
D |
|
30504 |
Develop marketing strategies to list and market rural property |
5 |
5 |
D |
|
30505 |
Prepare and present Sales and Purchase Agreements for rural properties |
5 |
5 |
D |
|
30506 |
Demonstrate knowledge of legislation and council compliance applicable for rural real estate |
5 |
5 |
D |