REAL ESTATE

WELCOME TO OPEN POLYTECHNIC

Whether you are looking to improve your career prospects or learn
something new, we can help you achieve your goal. We specialise in
open learning learning that gives you more freedom to decide what
you study and where you study.
Our courses are specifically designed for delivery by distance, which
means you can fit your study around your life. And just because you
are learning by distance, doesnt mean you have to do it alone. You will
have access to your tutors and lecturers by email or phone and to other
students studying the same course through Online Campus, the student
support section of our website.
It is our goal to make sure that you enjoy your study and that you
succeed. So welcome to learning for todays world, and congratulations
on taking up the challenge of further education.

Please note that all information contained in this brochure may be subject to change without notice.

CONTENTS
Your options in real estate

Introduction

National Certificate in Real Estate (Salesperson)

National Certificate in Real Estate (Branch Manager)

National Diploma in Real Estate (Agent)

Real Estate Agents Authority requirements for

continuing education 2015

11

General information

12

Assessment

12

Interactive workshops

12

Course materials

12

Admission requirements

12

English language

12

Computer requirements

12

Study time

12

Fees

12

Loans, allowances and other funding

12

Enrolment

13

Licensing restrictions

13

Learning support

13

New Zealand Qualifications Authority (NZQA)

14

Applying for your qualification

14

Further study

14

Appendix 1 Real Estate study achieved

prior to 2010

15

Appendix 2 Real estate qualification

pathway
inside back cover
Contact us

19

YOUR OPTIONS IN REAL ESTATE

WHAT ARE MY NEEDS?

QUALIFICATION

WHERE CAN I GET

MORE INFORMATION?

To be a licensed real estate

salesperson

National Certicate in Real Estate (Salesperson)

Page 3

To be a licensed branch manager

National Certicate in Real Estate (Branch Manager)

Page 5

To be a licensed agent of my own

real estate agency

National Diploma in Real Estate (Agent)

Page 8

To complete REAA compulsory

Continuing Education

Page 12

INTRODUCTION
Whether youre looking to start out in real estate or want to update your skills, now is the perfect time to study and make
the most of your career. Our practical and comprehensive training gives you the skills and knowledge youll need for this
competitive and rewarding industry. The qualications you gain will help you achieve a challenging career that offers variety
and the potential for excellent nancial rewards.
Our courses are designed by experienced teaching staff, providing a high level of expertise and support for your study.
We offer the following real estate qualications:
National Certicate in Real Estate (Salesperson) (Level 4)
National Certicate in Real Estate (Branch Manager) (Level 5)
National Diploma in Real Estate (Agent) (Level 5).
Although these qualications are stand alone, many of the courses are common to more than one of the qualications.
Once you have completed your qualication you can apply to the Real Estate Agents Authority (REAA) to gain the
appropriate licence. You will need to consent to a police check when you apply for your licence. Visit the REAA website
reaa.govt.nz for current requirements, including necessary industry experience.

NATIONAL CERTIFICATE IN REAL ESTATE (SALESPERSON)

Qualification code: NC154302
Level: 4 Credits: 47
The National Certicate in Real Estate (Salesperson) is the entry level qualication to the real estate industry and meets the
educational requirements needed to become licensed as a real estate salesperson.

SKILLS YOU WILL LEARN

Once you have completed the qualication you will be able to:
describe the real estate industry in New Zealand and how it works
have an understanding of land ownership, transfer of ownership, titles and council zoning
carry out an inspection and demonstrate methods of appraisal, and complete agency authority agreements
design a marketing plan and budget, and develop promotional material
draft and negotiate sale and purchase agreements and facilitate the sale of real estate, including auction and tender
methods
understand property, contract and building law and the legal constraints of operating as a real estate salesperson
identify misleading and deceiving conduct and misrepresentation
have a good knowledge of the Real Estate Agents Act 2008, including licensing and the Professional Conduct and Client
Care Rules 2012.

QUALIFICATION
Once you have completed all the units in the National Certicate in Real Estate (Salesperson) Level 4, you can apply to the
New Zealand Qualications Authority (NZQA) for your certicate. Visit nzqa.govt.nz for more information.

REAL ESTATE SALESPERSONS LICENCE

Once you have received your National Certicate in Real Estate (Salesperson) you need to apply to REAA for your real estate
salespersons licence. The REAA website has detailed information regarding the licensing process and the current cost of
licensing. You will need to consent to a police check when you apply for a licence. For more information go to reaa.govt.nz

QUALIFICATION STRUCTURE
This qualication is made up of 11 unit standard based courses. We recommend you study them in the order listed:
COURSE
CODE

TITLE

LEVEL

CREDIT

GROUP 1 ALL COURSES ARE REQUIRED

RES401

LAW FOR REAL ESTATE

US23134

Demonstrate knowledge of land ownership, transfer of ownership, and

titles

US23138

Demonstrate knowledge of council zoning and building law needed to act

as a real estate salesperson

US23141

Demonstrate understanding of legal matters affecting real estate licensees

US23135

Demonstrate knowledge of the law of contract and the law of agency in a

real estate context

US23136

Demonstrate knowledge of misleading and deceiving conduct and

misrepresentation for real estate practice

US26149

Demonstrate knowledge of licensing and code of professional conduct

under the Real Estate Agents Act 2008

GROUP 2 ALL COURSES ARE REQUIRED

US15500

Establish a presence in the real estate market

US26148

Demonstrate knowledge and use of inspection, appraisal and agency

agreement for real estate property

US23140

Develop marketing plans for real estate, qualify customers, and present
properties for sale

US26150

Demonstrate knowledge of methods for sale of real estate in New

Zealand

US23137*

Demonstrate knowledge of the sale and purchase agreement and

facilitate sale of real estate

* The assessment for this unit standard has both a written and a contact (role play) component.

NATIONAL CERTIFICATE IN REAL ESTATE (BRANCH MANAGER)

Qualification code: NC128804
Level: 5 Credits: Minimum 103 credits. This qualification is made up of 21 compulsory unit standards and three
appraisal elective unit standards.
This qualication will give you the practical skills and knowledge to apply to be licensed as a branch manager in a
real estate ofce.

QUALIFICATION
Once you have completed all the units in the National Certicate in Real Estate (Branch Manager) Level 5 you can apply to
New Zealand Qualications Authority (NZQA) for your certicate. Visit nzqa.govt.nz for more information.
Note: The rst six units of this qualication are also included in the National Certicate in Real Estate (Salesperson).

REAL ESTATE BRANCH MANAGERS LICENCE

This qualication completes the educational requirements to obtain a real estate branch managers licence. You also need to
have worked for three of the previous ten years in a real estate agency with a salespersons licence in order to obtain a real
estate branch managers licence. For more information visit reaa.govt.nz

SKILLS YOU WILL LEARN

Once you have completed this qualication you will be able to:
describe the real estate industry in New Zealand and how it works
have an understanding of land ownership, transfer of ownership, titles and council zoning
carry out inspection and demonstrate methods of appraisal, and complete agency authority agreements
design a marketing plan and budget, and develop promotional material
draft and negotiate sale and purchase agreements and facilitate the sale of real estate, including auction and tender
methods
understand property, contract and building law and the legal constraints of operating as a real estate salesperson
identify misleading and deceiving conduct and misrepresentation
show a good knowledge of the Real Estate Agents Act 2008, including licensing and the Professional Conduct and Client
Care Rules 2012
show a good knowledge of leasing, legal, nancial and resource management matters
show a good knowledge of preparing and facilitating the discharge of real estate contracts
appraise commercial and industrial sites, smaller businesses, and residential, rural and lifestyle properties
understand nancial and accounting systems in real estate ofces
understand trust accounts in real estate rms
understand stafng and marketing functions in real estate rms
manage the performance of employees and contractors in real estate rms
implement internal controls and conduct internal checks and audits.

QUALIFICATION STRUCTURE
To gain the National Certicate in Real Estate (Branch Manager), you must complete 21 compulsory unit standards. You
must also complete a minimum of three elective units, one each from business, residential and rural appraisal.
We recommend you enrol in one block of unit standards at a time.
COURSE CODE

TITLE

LEVEL

CREDITS

GROUP 1 ALL COURSES ARE REQUIRED

RES401

SALESPERSON QUALIFICATION

LAW FOR REAL ESTATE

US23134

Demonstrate knowledge of land ownership, transfer of ownership,

and titles

US23138

Demonstrate knowledge of council zoning and building law needed

to act as a real estate salesperson

US23141

Demonstrate understanding of legal matters affecting real estate

licensees

US23135

Demonstrate knowledge of the law of contract and the law of agency

in a real estate context

US23136

Demonstrate knowledge of misleading and deceiving conduct and

misrepresentation for real estate practice

US26149

Demonstrate knowledge of licensing and code of professional

conduct under the Real Estate Agents Act 2008

BRANCH MANAGER QUALIFICATION

FINANCE

4699

Demonstrate knowledge of nancial transactions and nancial

statements for real estate rms

4700

Manage trust accounts in real estate rms

4702

Implement internal controls and conduct internal checks and audits in

real estate rms

MANAGEMENT
4694

Outline plans for real estate projects

4695

Implement the marketing function in real estate rms

4696

Manage the stafng function in real estate rms

4697

Facilitate performance of employees and contractors in real estate

rms

4698

Demonstrate knowledge of team management and team building

methods appropriate for real estate rms

LAW
4703

Manage the preparation of real estate contracts

4704

Facilitate the discharge of real estate contracts

4705

Manage real estate contracts of agency

4707*

Explain leasing, legal, and nancial matters to clients and prospective

customers

BRANCH MANAGER QUALIFICATION

COURSE CODE

TITLE

LEVEL

CREDITS

4714

Provide clients and prospective customers with advice on resource

management issues

26154

Demonstrate knowledge of requirements for properly supervising and

managing a real estate business

APPRAISAL
4674

Prepare agency agreements and appraisals of commercial and

industrial sites and qualify clients

26151

Appraise, complete and explain agency agreements for smaller and

medium sized businesses

4669

Demonstrate knowledge of appraisal and complete investment

analyses of residential properties

15501

Prepare appraisals of lifestyle properties

* The assessment for this unit standad has both a written and oral component.

NATIONAL DIPLOMA IN REAL ESTATE (AGENT)

Qualification code: ND173102
Level: 5 Credits: 170
This qualication meets the educational requirements that you need to become licensed as an agent in the real estate
industry.

QUALIFICATION
Once you have completed all units in the National Diploma in Real Estate (Agent) Level 5, you can apply to NZQA for your
diploma. Visit nzqa.govt.nz for more information.
Note: The rst six units of this qualication are also included in the National Certicate in Real Estate (Salesperson).
All of the units of the branch manager qualication are included in the National Diploma in Real Estate (Agent).

REAL ESTATE AGENTS LICENCE

This qualication completes the educational requirements to obtain a real estate agents licence. You also need to have
worked for three of the previous ten years in a real estate agency with a salespersons licence in order to obtain a real estate
agents licence. For more information visit reaa.govt.nz

SKILLS YOU WILL LEARN

Once you have completed this qualication you will be able to:
describe the real estate industry in New Zealand and how it works
describe the lawful structure of real estate entities
have an understanding of land ownership, transfer of ownership, titles and council zoning
carry out inspection and demonstrate methods of appraisal, and complete agency authority agreements
prepare sale and purchase agreements including complex situations
facilitate the sale of real estate, including auction and tender methods
understand property, contract and building law and the legal constraints of operating as a real estate salesperson
identify misleading and deceiving conduct and misrepresentation
have a good knowledge of the Real Estate Agents Act 2008, including licensing and the Professional Conduct and Client
Care Rules 2009
understand the nancial and accounting systems of a real estate ofce
understand trust accounts in real estate rms
understand the principles of ethics applying to real estate practice
explain leasing, legal, nancial and resource management matters to clients
manage the preparation and facilitation of the discharge of real estate contracts
appraise commercial and industrial sites, smaller businesses, and residential, rural and lifestyle properties
manage the stafng and marketing functions in real estate rms
manage the performance of employees and contractors in real estate rms
implement internal controls and conduct internal checks and audits
develop a policy and practice manual to support real estate best practice
develop business plans for real estate rms
identify, evaluate and manage risk.

QUALIFICATION STRUCTURE
To gain the National Diploma in Real Estate (Agent) Level 5, you must complete a total of at least 170 credits. The majority of
these credits will come from the 27 compulsory units. A minimum of three appraisal elective units, one each from business,
residential and rural appraisal is also required. In addition you must complete further units selected from the agent electives
listed below to achieve your 170 credits.
We recommend you enrol in one block of courses at a time.
COURSE CODE

TITLE

LEVEL

CREDITS

GROUP 1 ALL COURSES ARE REQUIRED

RES401

SALESPERSON QUALIFICATION

LAW FOR REAL ESTATE

US23134

Demonstrate knowledge of land ownership, transfer of ownership, and

titles

US23138

Demonstrate knowledge of council zoning and building law needed to

act as a real estate salesperson

US23141

Demonstrate knowledge of legal matters affecting real estate licensees

US23135

Demonstrate knowledge of the law of contract and the law of agency in

a real estate context

US23136

Demonstrate knowledge of misleading and deceiving conduct and

misrepresentation for real estate practice

US26149

Demonstrate knowledge of licensing and code of professional conduct

under the Real Estate Agents Act 2008

BRANCH MANAGER QUALIFICATION

FINANCE
4699

Demonstrate knowledge of nancial transactions and nancial

statements for real estate rms

4700

Manage trust accounts in real estate rms

4702

Implement internal controls and conduct internal checks and audits in

real estate rms

MANAGEMENT
4694

Outline plans for real estate projects

4695

Implement the marketing function in real estate rms

4696

Manage the stafng function in real estate rms

4697

Facilitate performance of employees and contractors in real estate rms

4698

Demonstrate knowledge of team management and team building

methods appropriate for real estate rms

LAW
4703

Manage the preparation of real estate contracts

4704

Facilitate the discharge of real estate contracts

4705

Manage real estate contracts of agency

4707*

Explain leasing, legal, and nancial matters to clients and prospective

customers

4714

Provide clients and prospective customers with advice on resource

management issues

26154

Demonstrate knowledge of requirements for properly supervising and

managing a real estate business

COURSE CODE

TITLE

LEVEL

CREDITS

BRANCH MANAGER
QUALIFICATION

APPRAISAL
4674

Prepare agency agreements, and appraisals of commercial and

industrial sites and qualify clients

26151

Appraise, complete and explain agency agreements for smaller and

medium sized businesses

4669

Demonstrate knowledge of appraisals and complete investment

analyses of residential properties

15501

Prepare appraisals of lifestyle properties

REAL ESTATE PRACTICE

4693

Develop business plans for real estate rms

5146

Demonstrate knowledge of directing real estate entities under the

Companies Act 1993

23132

Identify, evaluate, and manage risk in a real estate context

10

Develop a policies and practice manual to support real estate best

practice
Demonstrate knowledge of lawful structure for real estate business
entities

26153
22306

DIPLOMA QUALIFICATION

26152

Explain the principles of ethics applying to real estate practice

SALES AND PURCHASE AGREEMENTS

23146*
23150*
23152*

Prepare agreements for the sale and purchase of a business relating to

the sale of franchise operations
Prepare sale and purchase agreements for complex situations relating
to residential property
Prepare sale and purchase agreements for complex situations relating
to rural property

AGENT ELECTIVES YOU MUST COMPLETE SUFFICIENT CREDITS FROM THE

UNITS BELOW TO TOTAL 170 CREDITS
4683

Complete contracts and obtain authorities to manage commercial and

industrial properties

4684

Prepare management plans for commercial and industrial properties

4685

Attract and qualify tenants for commercial and industrial properties and
prepare lease agreements

4686

Manage tenants and leases for commercial properties

4687

Manage commercial properties

4688

Report on the performance of commercial properties

*The assessment for this unit standard has both a written and oral component.

10

This section applies only to licensed practitioners in the industry namely salespeople, branch managers and agents.

REAL ESTATE AGENTS AUTHORITY REQUIREMENTS

FOR CONTINUING EDUCATION 2015
The REAA has introduced compulsory continuing
education (CE) to ensure that all licensees meet the
highest professional standards.
During the 2015 calendar year, licensed real estate
practitioners will need to complete 10 hours of veriable
CE and 10 hours of non-veriable CE. You will need
evidence of completion of both when you re-license in
2016. The Open Polytechnic is one of the organisations
authorised to provide veriable CE.

EXEMPTION
If you have completed a National Certicate or National
Diploma you are exempt from CE requirements for the
year in which you completed, and the following calendar
year.
For example, if you completed the National Certicate
(Salesperson) or the Branch Manager or Agents
qualication in 2014, you are exempt from CE in 2014
and 2015.

NON-VERIFIABLE CE
Non-veriable CE requires you to complete 10 hours of
in-house or industry training, to attend relevant conferences
or to undergo personal professional development. You can
achieve your non-veriable CE with Open Polytechnic by
completing one real estate related unit standard.

REFRESHER TRAINING
If your real estate licence is suspended for 12 months or
more, you will need to do a refresher course and complete
CE during the calendar year that your licence is renewed.
Open Polytechnic will be offering refresher training online in
2015. Visit reaa.govt.nz for
more information.

MORE INFORMATION
Please contact us if you have any questions. See the inside
back cover of this brochure for contact details.

CE FOCUS FOR 2015

The veriable continuing education topic for 2015 is
The Law of Agency. You will nd more information at
openpolytechnic.ac.nz/realestate as it becomes
available or you can visit reaa.govt.nz

RECORD-KEEPING
If you choose Open Polytechnic as your CE provider, we
will hold records of your veried CE that you complete
with us. You will need to submit this information to the
REAA when you re-license.

VERIFIABLE CE
Veriable CE requires you to complete a 10-hour online
course or attend a two-day workshop. If you are not able
to attend the full workshop, you may be able to complete
some of your training online.

11

GENERAL INFORMATION
Assessment
All units are internally assessed and there are no external
examinations. Assessments must be word processed and
submitted online and some assessments may include an
oral or contact (role play) component.

Course materials
As well as paper-based course material, some of our
courses include practical exercises, e-learning and
specially prepared DVDs. You will also need to access our
student website, Online Campus.

If you need to buy software, you can buy it at a special

academic price from most software retailers (generally
about a third of the normal retail cost).
You will need proof you have been accepted into a course.
You can use your letter conrming your enrolment. There is
a list of Microsoft software retailers at
microsoft.com/nz/retailers
We also recommend you install virus protection software.
We have a helpdesk for technical help or support. You can
email our helpdesk at
helpdesk@openpolytechnic.ac.nz
Please include your name and student ID number in the
message.

Free tutor-led webinars

We are offering free tutor-led webinars from early 2015.

Study time

Our webinars will cover key topics to support your learning

and can be watched from the comfort of your own home
or ofce.

All units have a credit value. This helps you work out how
much study time you will need. Allow about 10 hours
of study for each credit. For example, a ve-credit unit
standard generally requires 50 hours of study.

You will hear from subject matter experts, get up-to-date

industry information, and get extra help from tutors when
you need it.
Please contact us for more information. See the last page
of this brochure for contact details.

Admission requirements
To enter the real estate qualication you must have a
minimum of eight NCEA Level 2 credits in English, four
in writing and four in reading, or be able to demonstrate
equivalent knowledge or skills.

English language
English is the language of study at Open Polytechnic.
You will need to be able to read and write well in English
so that you can understand course materials and also
submit written assessments. There are criteria that must
be met if English is not your rst language. For more
information about English language requirements, please
call freephone 0508 650 200 or visit
openpolytechnic.ac.nz/englishlanguage

Computer requirements
You must have access to a computer, the internet and be
able to:

Fees
Fees are displayed on each course and qualication page
on our website. Visit openpolytechnic.ac.nz and browse
our subjects and courses to nd the fee information
you need.

Loans, allowances and other

funding
Student loans and allowances are administered by
StudyLink. We recommend that you apply for a student
loan at least four weeks before the commencement of your
study. We cannot conrm your enrolment or send your
course materials until your fees have been paid. For more
information, or to nd out if youre eligible for a student
loan, visit studylink.govt.nz or give StudyLink a call on
freephone 0800 88 99 00.

FINANCIAL ASSISTANCE
We have a fund to help students who are in nancial need
and have no other option for nancial support. This fund is
available for course fees and/or set textbooks. Conditions
apply. Contact us for more information. See the last page of
this brochure for contact details.

send and receive emails

SCHOLARSHIPS

access and contribute to any Online Campus discussion

forum

We also offer a range of scholarships to support students.

Visit openpolytechnic.ac.nz/scholarships for more
information.

download documents
carry out online research.

12

Enrolment

Te Kura Wnanga (the Mori Office)

You can enrol online from our website. Visit

openpolytechnic.ac.nz/howtoenrol for more
information. You will be advised if additional information is
needed to progress your application, and you can usually
complete this online during the application process. When
your enrolment is conrmed, we will send you a letter with
your course start and end dates and where you can nd
assessment submission deadlines.

Te Kura Wnanga (the Mori Ofce) can help you with your
learning and cultural needs in a kaupapa Mori context. We
use Mori values and principles to enhance your learning
journey.
For more information visit
openpolytechnic.ac.nz/maorisupport

MY OPEN POLYTECHNIC

Licensing restrictions
Criminal convictions, bankruptcy and previous loss of
licence may stop you from becoming a real estate licensee.
Before you enrol we recommend you check the licensing
rules and regulations in the Real Estate Agents Act 2008.
This Act is available at reaa.govt.nz

Learning support
YOUR TUTOR

My Open Polytechnic is our online portal for our students.

With My Open Polytechnic you can:
update your details
view your study information
track the status of your materials
access your assessment submission deadlines, marks
and nal grades for each course
check your account balance
access Online Campus and the library.

You will have a tutor for each unit you study. Your tutor
is there to help you through the course work, make sure
you have understood the study material and check your
progress. You can contact them on our freephone or by
email, or via Online Campus discussion forums. Their
contact details will be in the information we send you when
youre enrolled.

Once youre enrolled, you can also keep track of your

study information on the go with the My Open Polytechnic
smartphone app called My OP.

STUDENT INFORMATION

ONLINE CAMPUS

You can nd current enrolment and study information on

our website including details of our systems and processes
and the services we offer. For more information visit
openpolytechnic.ac.nz/studywithus

The Online Campus is the area of our website where

you can:

Te Whanga Whakapakari Ako (the Learning Centre)

Te Whanga Whakapakari Ako (the Learning Centre) can
help you with a wide range of learning support services and
resources. These include:
tips and techniques to help you succeed in online and
distance learning
one-to-one consultations with a learning advisor
(telephone or email)
StudyWise and ExamWise which are free online study
and exam preparation workshops

To download the app, search for My OP on the App

Store (Apple iPhone) or Google Play Store (Android
smartphone). These come pre-installed on your
smartphone.

access and submit assessments

link to web pages specic to your course, including
frequently asked questions (FAQ), assessment hints,
web resources, staff information and, for some units,
online quizzes and tutorials
communicate with other students in your course and
with your tutor.

LIBRARY
We provide a library service for students. There is no
additional fee for using it. The library service provides:
online resources

disability services

guides on how to search for information

a student mentoring programme.

a distance lending service with free and fast delivery

For more information visit

openpolytechnic.ac.nz/learningsupport

information about study techniques.

For more information visit
openpolytechnic.ac.nz/oplibrary

13

New Zealand Qualifications

Authority (NZQA)
RECORD OF ACHIEVEMENT
All our real estate qualications are registered on the
National Qualications Framework (NQF) administered
by NZQA. If you are already registered on the NZQA
database, please provide your National Student Number
when you apply to enrol online.
If you are not registered, we will arrange this when you
enrol. Any unit standards you gain during the year will be
added to your Record of Achievement.
You can access your Record of Achievement online or you
can phone NZQA and ask for a copy of it. You can nd out
more on their website nzqa.govt.nz or call them on
04 463 3000, or freephone 0800 697 296.
Note: The REAA does not keep a record of your
academic progress.

Applying for your qualification

Once you have completed your study you need to apply
to NZQA for your qualication. This qualication will
be required when you apply to REAA for your licence.
For information on current licensing requirements visit
reaa.govt.nz. We will give you more information when you
have completed your nal assessment.

Further study
For information on other courses and qualications
available at Open Polytechnic, visit our website or
contact us. See the last page of this brochure for
contact details.

14

APPENDIX 1 REAL ESTATE STUDY ACHIEVED

PRIOR TO 2010
If you studied any of the real estate unit standards below before 1 July 2010 you might be exempt from some units in the
current qualications. A list of automatic exemptions is given below.

NC1543 NATIONAL CERTIFICATE IN REAL ESTATE (SALESPERSON) VERSION 1

OLD UNIT STANDARDS COMPLETED

EXEMPT FROM

4656, 4657

23140

4658, 4659

23137

23139

26148

NC1288 NATIONAL CERTIFICATE IN REAL ESTATE (BRANCH MANAGER) VERSION 3

OLD UNIT STANDARDS COMPLETED

EXEMPT FROM

4689, 4712

23144, 26151

4709

23153, 23154

4710

23151

23142, 23143

26151

ND1731 NATIONAL DIPLOMA IN REAL ESTATE (LICENSEE) VERSION 1

OLD UNIT STANDARDS COMPLETED

EXEMPT FROM

4689, 4712

23144, 26151

4709

23153, 23154

4710

23151

4701

23132

4668

23150

4673

23152

23142, 23143

26151

15

NOTES

16

NOTES

17

NOTES

18

Contact us
Website: openpolytechnic.ac.nz
Freephone: 0508 650 200
Overseas phone: +64 4 913 5300
Email: customerservices@openpolytechnic.ac.nz
Private Bag 31914
Lower Hutt 5040
New Zealand
OTHER USEFUL CONTACT DETAILS
StudyLink
Website: studylink.govt.nz
Phone: 0800 889 900
NZQA
Website: nzqa.govt.nz
Phone: 04 463 3000
Freephone: 0800 697 296
Email: helpdesk@nzqa.govt.nz
PO Box 160
Wellington 6140
REAA
Website: reaa.govt.nz
Phone: 0800 367 7322
Real Estate Agents Authority
PO Box 25371
Panama Street
Wellington 6146
REINZ
Email: reinz@reinz.co.nz
Phone: 09 356 1755
Freephone: 0800 473 469
PO Box 5663
Auckland 1052
The Skills Organisation
Phone: 09 525 2590
Freephone: 0508 754 557
PO Box 24-469
Royal Oak
Auckland 1345

19

APPENDIX 2 REAL ESTATE QUALIFICATIONS

(REQUIRED FOR LICENSING FROM 1 JULY 2010)

NATIONAL CERTIFICATE IN
REAL ESTATE
(SALESPERSON)
LEVEL 4

NATIONAL CERTIFICATE IN
REAL ESTATE
(BRANCH MANAGER)
LEVEL 5

NATIONAL DIPLOMA IN
REAL ESTATE
(AGENT)
LEVEL 5

(Total of 103 108 credits

depending on which
three appraisal units are
completed)

(Total: 170 credits)

All credits from the branch

manager certificate will be
credited towards the real estate
agent diploma.

(Total: 47 credits)
When you successfully complete
the certificate (47 credits), you
can credit 24 towards the branch
manager certificate.

Once you have gained the

salesperson certificate, you only
need to complete between 79 84
credits (instead of 103 108).

Once you have gained the branch

manager certificate, you only
need to complete between
62 67 credits (instead of 170)
to gain the real estate agent
diploma.

RE

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Open Polytechnic
Freephone 0508 650 200
Overseas phone +64 4 913 5300
openpolytechnic.ac.nz
Private Bag 31914 Lower Hutt 5040 New Zealand