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As of 1 July 2024, the requirements for CPD in NSW have changed yet again. Licensced agents are now required to complete 5 hours of CPD with the compulsory topics set by NSW Fair Trading, and also the completion of additional topics for any secondary Licence they may hold. EG: Stock & Station or Strata.
If you obtain your 5 hours through ACOP, your second LIC requirement can be attained in 2 hours instead of an additional 5 hours. All of these sessions must be conducted by an approved training provider, such as our preferred supplier ACOP. Assistant Agents are not required to complete the same CPD as licensed agents during the period 1 July 2024 to 30 June 2025 (the new CPD year), however it is mandatory that they complete a minimum of 3 Units of Competency as they work through the modules towards obtaining their Class 2 Licence.
Go to the special Elders landing page on the ACOP website to enrol into the program that suits your licence category https://acop.edu.au/elders-group/
A property agent must undertake a minimum of 8 points of Board approved CPD in each licence year (1 July to 30 June). An approved CPD activity can only be claimed once.
At least 6 of the 8 points of CPD must be directly related to the property agents industry and the property agent may have up to 2 points of approved CPD of a more general nature that is not necessarily directly connected to the property agents industry.
Further, a minimum of 2 points of CPD must be provided by an external provider. The term external provider means that the CPD Activity is delivered by a person external to the organisation.
For a list of all Elders TAS CPD approved sessions for 20/21 financial year, please click here
All licensed agents, sales representatives and property managers are required to complete one mandatory 3 point CPD session each calendar year.
In addition to completing one mandatory 3 point CPD session, all real estate professionals must complete an additional 7 points through elective CPD training courses.