FAQs

Qualification and Licensing

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Salesperson: qualification, licensing and progression

I would like to start studying towards the existing New Zealand Certificate in Real Estate (Salesperson) (Level 4). What should I do?

You can start straight away. The training providers that deliver the Level 4 qualification are listed in the section ‘Organisations that can help’.
For new learners looking to become licensed in the Real Estate Industry, the new qualification structure means you must complete the New Zealand Certificates in Real Estate; Levels 4, 5, and 6 in succession. Each qualification is a requirement for a different licence class.

I’m currently studying towards the New Zealand Certificate in Real Estate (Salesperson) (Level 4). What do the proposed changes mean for me?

The proposed changes will have no impact on your current programme of study. In consultation with the Real Estate industry, the Skills Organisation reviewed the New Zealand Certificate in Real Estate (Salesperson) (Level 4) in 2020 and deemed the qualification as being fit for purpose. This is the entry qualification into the real estate industry qualification and licence structure. Completing this qualification will enable you to study for the New Zealand Certificate in Real Estate (Level 5).

To obtain your Salesperson licence, you need to meet the New Zealand Certificate in Real Estate (Salesperson) (Level 4) qualification requirements currently available and the licensing requirements under the provisions of the Real Estate Agents (Licensing) Regulations 2009.

Contact REA to find out more

I am currently a licensed salesperson, how do I achieve the qualifications needed to apply for a Branch manager or an Agent’s licence?

Please refer to the pre-requisite table (above) to determine where in the qualification suite you can start.

To apply for a Branch Manager licence, you must hold the New Zealand Certificate in Real Estate (Level 5) and have at least three years’ real estate work experience in the last ten years at the time of applying. You can start studying towards the New Zealand Certificate in Real Estate (Level 5) qualification before meeting the licensing work experience requirements. You also must have completed the New Zealand Certificate in Real Estate (Salesperson) (Level 4) before enrolling in the L5 qualification.

To apply for an Agent’s licence, you must hold the New Zealand Certificate in Real Estate (Level 6) (or equivalent) and have at least three years’ real estate work experience in the last ten years at the time of applying.

If you have achieved the New Zealand Certificate in Real Estate (Level 5) qualification, you may move directly into the New Zealand Certificate in Real Estate (Level 6) qualification either with or without applying for a Branch manager’s licence.

To find out more, contact your preferred provider for further information on enrolment requirements.  To find out more about the required criteria and qualifications required for each licence class, please contact REA.

Branch Manager: qualification, licensing and progression

I am considering studying or about to start studying towards the existing New Zealand Certificate in Real Estate (Branch Manager) (Level 5) qualification. Should I wait until I can enrol in the new qualification, the New Zealand Certificate in Real Estate (Level 5) Version 2?

There is no need to wait until the new qualification is ready. You can start the Branch Manager qualification now. The New Zealand Certificate in Real Estate (Branch Manager) (Level 5) is currently available for enrolment with Open Polytechnic. Learners are encouraged to contact Open Polytechnic to discuss enrolment and time to complete. Completion of this course will allow you to progress to the new New Zealand Certificate in Real Estate (Level 6).

I'm currently studying towards the existing New Zealand Certificate in Real Estate (Branch Manager) (Level 5). What do the proposed changes mean for me?

There should be no change to your current course of study, and we encourage you to actively progress your study. There is still time to complete the current Branch Manager qualification, which will be equivalent to the new one. The best course of action would be to consult your provider to support you to finish the qualification.

I'm currently studying towards the existing National Certificate in Real Estate (Branch Manager) (Level 5). What do the proposed changes mean for me?

This qualification is closed to new enrolments. The last date for assessment is 31 December 2021. There is still time to complete your study, and you are strongly encouraged to complete your study as soon as possible. Please ensure you are in regular contact with us so we can support you to finish on time.

I'm currently studying towards the existing National Certificate in Real Estate (Branch Manager) (Level 5) with the Skills Organisation. Can I swap to the existing New Zealand Certificate in Real Estate (Branch Manager) (Level 5) version 1 with Open Polytechnic, or transfer to version 2 when it is ready?

No, you need to complete your qualification before December 2021. Please ensure you are in regular contact with us, so we can support you to finish on time.

I am a licensed Branch Manager. What do the proposed changes mean for me?

The proposed changes to the qualifications will not currently impact you. However, if you decide, later on, that you would like to become a licensed Agent, you will need to achieve the New Zealand Certificate in Real Estate (Level 6) qualification.

The timeframe for achieving the New Zealand Certificate in Real Estate (Level 6) has been reduced from the previous National Diploma in Real Estate (Agent) (Level 5) as the review removed duplications across the qualification suite. The new Level 6 qualification focuses on the core skill and knowledge to step toward becoming a licensed Agent.

I have my existing Branch Manager qualification, does that mean I have the new one?

No. Learners hold the qualification they are granted by their learning organisation.

New learning course: Senior Salesperson

The new L5 qualification has allowed for an optional stand-alone Senior Salesperson Introductory course.  This course is designed to be completed either separately or as the preliminary course requirement to the New Zealand Certificate in Real Estate (Level 5).

Why would I do the new Senior Salesperson Introductory course?

The course contains the initial training components of the New Zealand Certificate in Real Estate (Level 5) and will count towards the qualification should you wish to achieve the full qualification straight away or complete the remaining courses of the L5 qualification training later. By completing this course, you will be able to assist a Branch Manager or Agent with the oversight of day-to-day tasks carried out by less-experienced Salespeople.

Will the Senior Salesperson Introductory course allow me to supervise and manage Salespeople?

No, completion of this course does not entitle you to a different licence and Salespeople will still need to be supervised and managed by a Branch Manager or Agent.

Agent: qualification and licensing

I am considering studying towards the current National Diploma in Real Estate (Agent) (Level 5) qualification. Should I wait until the new qualification, the New Zealand Certificate in Real Estate (Level 6), is available for enrolment?

There is no need to wait until the New Zealand Certificate in Real Estate (Level 6) qualification programme is ready. The Skills Organisation is currently the only training provider accepting enrolments into the National Diploma in Real Estate (Agent) (Level 5) on an individual case-by-case basis.

If you already hold a Branch Manager qualification and wish to achieve the National Diploma in Real Estate (Agent) (Level 5) qualification, learners are encouraged to contact us to discuss the available options. Acceptance depends on your current knowledge and experience as the qualification is set to expire at 30 June 2023 and we want to ensure that anyone that enrols can complete it. Learners need to be realistic about the commitment required to finish it on time.

If you have not already completed a Branch Manager qualification, you should complete a branch manager qualification first. This is because under the new suite, applicants for the New Zealand Certificate in Real Estate (Level 6) must have completed the New Zealand Certificate in Real Estate (Level 5) before being eligible to enrol.

I'm currently studying towards the existing National Diploma in Real Estate (Agent) (Level 5). What do the proposed changes mean for me?

There is currently time to complete the National Diploma, and we strongly encourage those studying to actively engage in completing their papers and finish as soon as possible.

I'm currently studying towards the existing National Diploma in Real Estate (Agent) Level 5 with the Skills Organisation. Can I swap to the New Zealand Certificate in Real Estate (Level 6) when it is ready?

You are strongly encouraged to complete the National Diploma in Real Estate (Agent) Level 5. It may be possible that some of the unit standards you achieve in the National Diploma in Real Estate (Agent) Level 5 can credit towards Level 6, but that mapping still needs to be done and is in no way guaranteed.  There is currently time to complete the National Diploma, and we strongly encourage those studying to actively engage in completing their papers and finish as soon as possible.

I am a licensed Agent. What do I do?

The proposed changes to the qualification will have no impact on you directly. Your qualification and your Agent’s licence remain unchanged. As a leader in the industry, we encourage you to familiarise yourself with the new qualification, career pathway diagram and pre-requisites table, so you can advise and develop your teams, and encourage more Salespeople to undertake further study. This will help build a pipeline of future supervisors and leaders and support the industry’s future growth.

I am a licensed Agent and run a business. What do the proposed changes mean for me?

The proposed changes to the qualification will have no impact on you directly. Your qualification and your Agent’s licence remain unchanged. However, if you run a business, the proposed changes will enable you to implement a succession plan and support you to provide a career pathway in your business. You may like to consider how to incorporate this into your business model. The proposed changes may also help you with your supervision responsibilities by encouraging more Salespeople to undertake further study towards a Branch manager’s licence, to assist with supervision tasks and to support the future growth of industry, for the same reasons above.

I have my existing Agent qualification. Does that mean I have the new one?

No, Learners hold the qualification that their learning organisation granted them.

I have an older Salesperson or Branch Manager qualification that you haven't listed. Can I use this toward enrolment in the next level of education?

You may use your qualification to support you to enrol in the next level of education. Please review the qualification pre-requisite table to see if you meet the requirements, and then contact your preferred provider for consultation.

Organisations that can help:

 

Organisation Contact details

The Skills Organisation

 

Currently accepting enrolments into the Real Estate (Salesperson) (Level 4) and National Diploma in Real Estate (Agent) (Level 5)

Open Polytechnic

 

Currently accepting enrolments into the Real Estate (Salesperson) (Level 4) and New Zealand Certificate in Real Estate (Branch Manager) (Level 5)

The Real Estate Authority (REA)

 

REA is responsible for licensing people and companies working in the real estate industry. Please contact REA to understand the required criteria and qualifications to work in real estate.

 

The Real Estate Institute of New Zealand (REINZ)

 

REINZ is the membership body representing real estate professionals nationwide. If you are interested in becoming a member of the Real Estate Institute, please contact us to discuss your requirements.

Unitec

 

Currently accepting enrolments into the Real Estate (Salesperson) (Level 4)

TAFE

 

Currently accepting enrolments into the Real Estate (Salesperson) (Level 4)

Toi-Ohomai

 

Currently accepting enrolments into the Real Estate (Salesperson) (Level 4)