5 steps for a hassle free CPD record keeping process

07 February 2017

5 steps for a hassle free CPD record keeping process

1: ensure you complete your CPD within the required period

[not after]

 

 2: create a folder titled ‘CPD’ or ‘Courses’ or ‘Real Estate Education’

[keep one at home... in case you change teams!]

 

3: ensure you always acquire evidence from your course

[CPD certificate/ letter or other pending on the course]

 

4: file & save that evidence in your folder

 

5: provide a copy to your employer for their staff records as well

 

CPD points is a requirement in some states/territories and the relating Fair Trading Departments are the regulators for the real estate industry.

  • Agent and Agency office audits are conducted regularly and evidence of completed CPD courses for Registered and Licenced agents may be required to be provided
  • CPD records must be kept for 3 years
  • It is very important that each individual is accountable for keeping a record of all CPD courses undertaken      
  • It is also the responsibility of the licensee in charge to ensure all staff have completed their CPD and are compliant within the regulation requirements
  • The licensee in charge may also be held responsible for non-compliance and a fine may be imposed plus potential loss of staff and commissions may be jeopardized
  • Most training organisations will charge a fee for the re-issue of a course confirmation letter or certificate
  • Please ensure you and your offices are aware of these obligations and take the following 5 steps…

 

Below are links to Fair Trading information regarding CPD in NSW and ACT:

 NSW:

http://www.fairtrading.nsw.gov.au/ftw/Property_agents_and_managers/Continuing_Professional_Development/Record_keeping.page

 ACT:

https://www.accesscanberra.act.gov.au/app/answers/detail/a_id/2735/kw/cpd