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Quality concerns for real estate training
The national regulator for training, ASQA (Australian Skills Quality Authority), has raised concern about the enrolment, delivery, and assessment of Certificates IV in Real Estate Practice (CPP41419) and Strata Community Management (CPP40521), and the Diploma of Property (Agency Management) (CPP51122), based on stakeholder reports. Industry and regulators have also highlighted a lack of information about...
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The 4-day workweek in real estate
In WA’s real estate sector, the global trend of the 4-day work week has been implemented by the Albany-based office of First National Bairstow Kerr. This real estate business offers its office-based administrative and property management staff to work reduced hours over the course of the week, claiming that it has not compromised productivity. This...
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Real Estate Agent Licence Requirements Update
DMIRS has announced that changes have been made to the Real Estate and Business Agents (General) Regulations 1979, which means the Diploma of Property (Agency Management) CPP51119 will no longer be used after the 19th April 2024 for the grant of a Real Estate and Business Agent Licence in WA. The new Diploma of Property...
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A Year of Records in the Perth Property Market
According to REIWA, the 2022-23 financial year saw records being broken in the Perth real estate market. While house prices and rental prices increased despite numerous interest rate rises; the time to sell a property was the fastest on record, and the rental vacancy rate was the lowest ever. Read more here.
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Mandatory CPD for Real Estate Agents set to stay in 2024
After a review into mandatory CPD in the Real Estate sector was launched earlier in the year, REIWA has reported that CPD for Real Estate Agents will continue in its current format in 2024. It is further reported that should any changes be announced, they will take effect in 2025. In an interview with REIWA,...
