A Class 1 licence allows you to run an agency and hire Class 2 licensees and assistant agents to work under your supervision.

This course is appropriate for licensees-in-charge who were automatically transitioned to a Class 1 licence or elected to become Class 1 licensees following the July 2022 industry reforms. Current Class 2 licensees wishing to upgrade to a Class 1 licence will need to complete the full CPP51122 Diploma of Property (Agency Management) (12 units total).

Successful completion of this course meets the educational requirements needed to maintain a Class 1 Licence after 1 July 2024, following the July 2022 ACT industry reforms.

A formal statement of attainment will be issued upon successful course completion.

This course requires completion of 7 units of competency:

1. CPPREP5001 Manage compliance in the property industry
2. CPPREP5002 Establish and monitor property industry trust account management practices
3. CPPREP5003 Manage ethical practice in the property industry
4. CPPREP5004 Manage a safe workplace in the property industry
5. CPPREP5005 Manage teams in the property industry
6. CPPREP5006 Manage operational finances in the property industry
7. CPPREP5007 Develop a strategic business plan in the property industry

There are no entry requirements for enrolling in this course.

To apply for a licence with the ACT government, all applicants must:

• be at least 18 years old;
• be a fit and proper person;
• have the required qualifications;
• not be disqualified;

Renewal of a Class 1 licence will be conditional on completing the seven core units from the CPP51122 Diploma of Property (Agency Management) by 1 July 2024.

Assessment by the College is competency-based. Competence implies that an individual demonstrates an understanding of the knowledge that is the basis of the practical task being carried out (i.e. having the required skills to carry out a specific role).

Student assignments are assessed based on whether or not the student has achieved the performance criteria for each element specified in the unit/s of competency they are undertaking (put simply, if you meet all of the learning criteria for a particular unit, you are competent in that unit). This method of assessment judges performance against a prescribed standard, not against other students. Students are assessed as 'Competent' or 'Not Yet Competent'.

Assignment submissions are assessed within five business days of submission. If your assessor grades your work as ‘Not Yet Competent’, they will provide feedback on what else they need you to address in your assignment before they can assess you as ‘Competent’. The best part? We don’t charge any resubmission fees for assessing, so you can resubmit as many times as you need to before being graded as ‘Competent’.

Read more about competency-based assessment and assessing timeframes.

See our FAQs.