Real Estate
Recognition of Current Competency
Are you an experienced Real Estate Salesperson looking to take the next step and gain your Branch Manager’s licence?
The Real Estate RCC (Recognition of Current Competence) programme could be the pathway to get you there. Recognition New Zealand is a platform developed by The Skills Organisation to deliver a recognition of current competence (RCC) programme for potential Branch Managers in the Real Estate Industry.
This programme is designed for experienced salespersons to recognise your current skills and knowledge, gained from hands-on experience, giving you a pathway to a qualification which then enables you to apply to the Real Estate Authority (REA) to become a licensed Branch Manager.
New Zealand Certificate in Real Estate (Level 5)
Having this qualification meets the educational requirements required to gain a Branch Manager’s licence. Skills offers this qualification through our RCC process which will evaluate your prior workplace experience and award you the qualification.
The RCC programme is a 2-step process:
Step 1: Apply for an initial evaluation by an assessor to confirm your suitability for the full RCC programme.
Step 2: If successful in Step 1, apply to complete the full assessment process and have the qualification added to your NZQA Record of Achievement.
Who can apply?
People who are currently working in the Real Estate industry in New Zealand and meet all the entry criteria set out below.
Entry Criteria
To be eligible to apply you must meet the following criteria:
| Criteria | Evidenced by: |
| Hold either a current or suspended (within the last three years) salesperson licence |
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| Be based in New Zealand and currently working in the Real Estate Industry |
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| Have a minimum of 4 years’ active experience as a licensed Real Estate Salesperson |
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| Have completed a minimum of 50 Transactions* over the last 4 years |
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| Has support of a supervising manager (Branch Manager or Agent) |
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| Are currently overseeing and supporting other licensees in day to day tasks* |
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| Can supply all the necessary evidence |
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*Note 1
- A transaction can be a listing or a sale
- Transactions must have been completed in New Zealand
- You must provide authentic proof of your transactions. For example a printout of your listing and sale history from your agency’s database. Copies of commission slips must include details of your involvement in the transaction.
- For residential only sales – A minimum of 50 transactions over the past four years is required, with an equal number or more sales than listings. You should also have a range of sale types (such as by auction, tender etc.), with a mix of conditional sales, not just unconditional. Please contact the Recognition team for guidance if you have completed non-residential sales.
*Note 2
- As per the Real Estate Agents Act 2008, the ultimate responsibility for supervision sits with the designated supervisor (Agent or Branch Manager). However, an experienced and competent salesperson may assist a supervisor with the oversight of day-to-day tasks carried out by less experienced salespersons.
Important note on ‘supervision’
You will be asked to supply evidence of providing support or guidance to a less experienced salesperson in day-to-day tasks. Please ensure that evidence falls within the supervision obligations of the Real Estate Agents Act 2008, Section 50(1).
Refer to the REA Professional Standard on Supervision for more information.
Prerequisite Module Requirement
Before you submit and pay for your full application (Step 2), you will need to have completed a training and assessment module that covers managing a trust account in Real Estate. This pertains to unit standard: 4700, Demonstrate knowledge of managing a trust account for a real estate business
The learning resource and assessment will be sent to you once you have successfully completed Step 1. You will need to complete this module in your own time and upload the completed assessment for marking as part of your application for Step 2.
How the process works:
If you wish to apply for RCC for the New Zealand Certificate in Real Estate (Level 5) you will need to do the following:
1. Check your eligibility
Check the entry criteria above to ensure you can supply the relevant evidence.
2. Collect your evidence and apply
This is one of the most important steps in the process. You need to build your portfolio of evidence and apply. To do this, download the Applicant Evidence Guide & Checklist. Read this carefully and complete the evidence requirements section. This document outlines the types of evidence that are required.
Please note that for Step 1 of the application (the initial evaluation of your suitability for the RCC programme) you only need to submit some pieces of evidence, but you must be sure that you can supply the full portfolio of evidence for Step 2. Use the checklist to confirm this. If you progress to Step 2 you will then submit the completed checklist along with the full evidence requirements. See sections 3 and 4 below for more detail on this.
Apply by registering online, completing the online form, and making the payment for Step 1. You will upload your evidence as part of the application process.
3. Initial Evaluation
In this first step the assessor will do an initial evaluation of your application and evidence to assess your suitability to be able to complete the full RCC programme. The assessor, or a Skills adminstrator may contact you with questions as part of this process. There is a fee of $287.50 for this initial evaluation. Allow 10 working days for this process.
When you make your initial application, you will need to supply the following evidence listed in the Applicant Evidence Guide & Checklist.
You will receive a notification of the outcome of the initial evaluation and if you are successful, you will be given a link to make your full application and the learning and assessment for Unit Standard 4700, Demonstrate kmowledge of managing a trust account for a real estate business.
If it is deemed that you are not suitable for the RCC process, a full explanation will be given and an alternative pathway to the qualification discussed with you.
4. Assessment of your full portfolio of evidence
When you apply and pay for Step 2, the full application, you will be required to upload and submit the following:
- The completed assessment for US 4700
- Workplace evidence listed in the Applicant Evidence Guide & Checklist
- Your completed Applicant Evidence Guide & Checklist
- A completed Training Agreement – download this below. This is so we can report your results to NZQA.
5. Competency discussion
As part of the assessment process, the assessor will contact you to arrange a time to have a competency discussion. This is where they will discuss the evidence you have supplied and gain insight into your experience, knowledge, and skills.
The assessor will also contact your supervising manager to confirm the attestation they have provided.
6. The Assessment outcome
Following the above steps, the assessor will make a decision and notify Skills of this.
Skills will notify you of the final outcome of the assessment and confirm your achievement of the qualification. If you are not happy with the assessment outcome you can appeal. Click here for the appeals process. The full assessment process will take up to 30 working days.
7. Awarding of the qualification
On successful completion of this process, Skills will report the relevant unit standards and the full qualification to NZQA. These will then show on your record of achievement and Skills will issue you a certificate.
Ready to apply?
When you are ready to apply, download and complete the Applicant Evidence Guide and Checklist. You will need to save this document to your computer and upload it when you apply.
Attestation Forms
As part of your evidence, you will need to get attestations from your Supervising Manager and a Licensee that you are supporting with day-to-day tasks. You can download the attestation forms here. The Supervising Manager attestation is required as part of the evidence for Step 1, the initial evaluation. The Licensee attestation is needed for Step 2, the full assessment process.
Training Agreement
To complete the full qualification, you will need to complete a Training Agreement form. Download a copy here and upload with your Step 2 application.
If you have further questions, please contact us at recognition@skills.org.nz
Cost
Step 1: Initial Evaluation – $287.50
Step 2: Full Application – $2,875.00
Costs are GST Inclusive
Making Payments
Currently, we are only accepting payment by credit card. Please note, you may request an invoice for your records. No further payment would be required on this invoice.
Ready to register?
Click on the link below and set up a login to take you to the Recognition New Zealand Platform.