Real Estate Agency Principal (Aus) / Real Estate Agency Licensee (NZ) – ANZSCO 612113

Real Estate Agency Principals manage the overall activities of a real estate agency. Registration or licensing is required.
Skill Level
2
Skills Assessment Requirement

Unless you are exempt in very limited circumstances, you are required to have a positive Skills Assessment to apply for the visas listed above. Skills Assessment authority for Real Estate Agency Principal is Vocational Education & Training Assessment (VETASSESS). To have a positive skills assessment conducted by Vocational Education & Training Assessment (VETASSESS), you must meet the following criteria:

  • Qualification assessed at AQF Diploma level WITH a highly relevant field of study AND at least one year of post-qualification highly relevant employment at an appropriate skill level in the past five years; OR
  • Qualification assessed at AQF Diploma level WITH an additional qualification at AQF Certificate IV in a highly relevant field of study AND at least one year of post-qualification highly relevant employment at an appropriate skill level in the past five years; OR
  • Qualification assessed at AQF Diploma WITHOUT a highly relevant field of study AND at least two years of post-qualification highly relevant employment at an appropriate skill level in the past five years
  • Applicants must meet both the qualification and employment requirements to obtain a positive skills assessment
Potential Visa Pathways for Real Estate Agency Principal/Real Estate Agency Licensee
ANZSCOOccupationSkills Assessment189190485 (Graduate Work)491 (State)491 (Family)186 (Direct)407 (Training)494 (regional Sponsored)482 (TSS Medium Term)
612113Real Estate Agency Principal/Real Estate Agency LicenceeVETASSESSxxxxxxxx

Group: 6121 Real Estate Sales Agents

Description
Sell, lease and manage commercial and private properties, and broker the buying and selling of businesses.
Tasks
  • Accepting and listing properties and businesses for sale and lease, conducting inspections, and advising buyers on the merits of properties and businesses and the terms of sale or lease
  • Advising vendors of sales and marketing options such as sale by auction and open house inspections
  • Cataloguing and detailing land, buildings and businesses for sale or lease and arranging advertising
  • Assessing buyers’ needs and locating properties and businesses for their consideration
  • Offering valuations and advice for buying and selling properties and businesses, and structuring the terms of settlement
  • Collecting and holding rent monies from tenants, and remitting to owner on agreed basis
  • Monitoring and addressing non-compliance with terms and conditions of tenancy and pursuing rental arrears
  • Developing and implementing business plans, budgets, policies and procedures for the agency
  • May arrange finance, land brokerage, conveyancing and maintenance of premises
Skill Level
Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below.
In Australia:
AQF Certificate III including at least two years of on-the-job training, or AQF Certificate IV (ANZSCO Skill Level 3)

In New Zealand:
NZ Register Level 4 qualification (ANZSCO Skill Level 3)

At least three years of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.
Registration or licensing may be required.
The occupation Real Estate Agency Principal (Aus) / Real Estate Agency Licensee (NZ) has a level of skill commensurate with the qualifications and experience outlined below.
In Australia:
AQF Associate Degree, Advanced Diploma or Diploma (ANZSCO Skill Level 2)

In New Zealand:
NZ Register Diploma (ANZSCO Skill Level 2)

At least three years of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.

Occupations in this Group
  • 612111 Business Broker
  • 612112 Property Manager
  • 612113 Real Estate Agency Principal (Aus) / Real Estate Agency Licensee (NZ)
  • 612114 Real Estate Agent
  • 612115 Real Estate Representative

Subclass 494 visa – Skilled Sponsored Regional (Provisional) visa

You can apply for subclass 494 if you have a regional employer who is willing to sponsor you. To be eligible for this visa, you must have at least 3 years of working experience in your nominated occupation and have a relevant skills assessment. With this visa, there is a requirement that you must work for the employer who is sponsoring you.

This visa provides pathway to permanent residency through the 191 visa.

Experience

At least 3 years full-time work experience in the nominated occupation.

English

Must have at least Competent English, i.e., IELTS 6.0 or equivalent.

Age

Must be under 45 years of age, unless exempt.

Be Sponsored

Must be sponsored by an Australian regional employer.

Job Outlook

  • $1,161 AUD

    Weekly Earnings

  • 82%

    Work full time hours

  • Strong

    Growth expected in the next 5 years

  • 36% female

    Gender share

  • 50 hours

    Average full-time

  • High skill

    Skill level rating

Book a consultation with our Registered Migration Agents in Melbourne to find out more about your visa options and your path to Australian permanent residency or applying for citizenship.