Compulsory professional development (CPD) - real estate
Compulsory Professional Development (CPD) is designed to increase the knowledge, skills and professionalism of those working in the real estate and business broking industries. The aim of CPD is to increase consumer protection and promote consumer confidence in the real estate industry.
The requirements of CPD are prescribed by legislation and make it compulsory for all real estate and business broking agents, sales representatives and property managers to comply with the CPD program. Failure to do so may result in a penalty of up to $5000.
The CPD Program
The CPD program operates on an annual cycle based on the calendar year. Registrants and licensees are not required to undertake CPD in the calendar year that their registration or licence is first granted on the basis that they have recently completed the training to qualify for the registration or licence.
In each year after the initial grant of the licence or registration, participants must accumulate a total of at least ten points of CPD activities. Of these ten points, three points must be earned from the mandatory activities and the remaining seven or more points from approved elective CPD activities.
Mandatory activities — information on approved mandatory activities, approved training providers, distance learning and more.
Elective activities — information on approved elective activities, approved training providers and more.
If you have any queries about the CPD program please email or phone the Consumer Protection contact centre on 1300 304 054 (for the cost of a local call state-wide) 8.30am - 4.30pm weekdays.
If you are interested in seeking approval to provide an elective CPD activity, please visit the information for training providers section.
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