The Australian College of Professionals conducts a specific On-site Residential Management course. Within the property industry in New South Wales there is a specialised group of agents who deal solely with the management of short-term and holiday letting within residential complexes. This sector of the industry has its own processes, legislative and licensing requirements and functions as an On-Site Residential Manager.

The On-Site Residential Management module (online only) examines the process of managing short-term or holiday letting where a residential tenancy agreement is not required.  This module also equips the course participant with the skills and knowledge to work as an on-site residential manager who has been contracted on behalf of the owners of a residential complex.  You will also focus on the skills required to establish, maintain and evaluate safety controls for offsite and lone workers.

Pursuant to Regulation 12(3) of the Property and Stock Agents (Qualifications) Order 2019, if you do not currently hold any form of licence under the NSW Property and Stock Agents Act 2002, in order to obtain a Class 1 Real Estate Licence with the On-site Residential Property Management condition, you must gain the following:

• • satisfactorily completed the required units of Certificate IV in Real Estate Practice.  The requirement for this completion includes the following nationally recognised Units of Competency:
    • 5 Core Units of the qualification (covered in the Certificate of Registration module offered by ACOP)
    • 4 specific Elective Units relating specifically to on-site management (3 of these are covered in the On-Site Residential Management modules offered by ACOP and the fourth Unit is covered in the Property Management module)
    • 9 Elective Units nominated as part of the national qualification (these are covered in the Sales, Property Management and Trust Accounting modules offered by ACOP). 

To achieve the full qualification to make application for a Class 1 Real Estate licence with the On-site Residential Management condition, you are required to complete the following modules offered by ACOP:

• • Certificate of Registration (5 Units of Competency)
  • On-site Residential Management (3 Units of Competency)
  • Property Management (4 Units of Competency)
  • Property Sales (5 Units of Competency)
  • Trust Accounting (1 Units of Competency)

The three (3) Units of Competency that specifically relate to the functions of an on-site residential manager are:

• • CPPREP4510 – Manage short-term or holiday letting
  • CPPREP4181 – Manage on-site residential property
  • CPPREP4506 – Manage offsite and lone worker safety in real estate

Not only is this a skills development course, but this module can also be utilised by person wishing to gain their Class 1 Real Estate licence with the On-Site Residential Management condition, or by Assistant Agents as 3 of the Units of Competency required towards the real estate Class 2 licence qualification in NSW.  In order to gain the qualification required for a Class 2 Real Estate Agent’s Licence, you need to choose one elective module. This On-Site Residential Management module is one of those electives.

This module can also be used for general skills development and can be added to the agency’s Training Plan, as per the requirements of the Supervision Guidelines.