NSW CPD Australian Consumer Law
Consumer behaviour relating to buying, selling and managing real estate has endured significant changes in the past two decades. In the 1970s and 80s most people bought property once or twice in a lifetime and investing in property was also much less extensive. Therefore, consumer exposure to real estate transaction risk was arguably lower. In the 1990s major changes in banking, technology, business competition and consumer education made real estate investment more accessible and the need to update real estate skills more urgent. In the early 2000’s, Real Estate legislation in NSW was overhauled – the previous act dated from 1941. In the latter half of the 1900’s consumer behaviour, and the increasing commercialisation of business to consumer transactions had a profound effect and legislation was slow to keep pace with change. New legislation came into effect in 2003. The changes to legislation included amendments to licensing and registration requirements, consumer protection measures, revised Rules of Conduct, and the introduction of Continuing Professional Development as a tool to increase skills and knowledge of registered and licensed agents. In NSW, the Property Stock and Business Agents Act 2002 (PSBA) is one of many NSW Acts that fall under the jurisdiction of the Office of Fair Trading, and forms part of NSW’s Fair Trading Legislation.
We currently have 6 different units available to choose from. Each unit is worth a total of 12 CPD points.
Each unit is at a learning Category 3 which features structured learning with an assessed outcome.
It is mandatory for all real estate agents in New South Wales to complete 12 Continuing Professional Development points each year. Because the real estate industry is always changing, at REAA we are continuously updating and adding new material to our CPD course selection. We ensure our curriculum covers the latest legislation, technology, resources and trends, so our students will always be ahead of the game.
All learning materials can be easily accessed and completed from any device at any time. This flexibility makes it easy for you to fit your professional development around your work and life as you please.
- Lectures 0
- Per Module: hours
- Language English