Under Queensland law, a resident letting agent is defined as a person or company managing property ‘on-site’ on behalf of clients (usually unit owners) in a Community Titles Scheme and marketing the complex as a whole. Through owning or operating the management rights to a particular complex, resident letting agents act on behalf of the owners of the units in their letting pool and for the body corporate.
As such, to comply with the Property Occupations Act 2014, it is necessary for the person operating the management rights in Queensland to have a Resident Letting Agents License that attaches to the particular building under their management.
Resident Letting Agents training courses are available from a number of registered training organizations who conduct regular classes, as well as on-line and correspondence courses, covering the responsibilities and obligations of operating a Management Rights business with particular attention to the operation of a Trust Account.
Courses take about 2 days on a full time basis to complete the 7 modules that make up the course at a cost of approximately $700,- The Real Estate Institute Of Queensland (REIQ) have a Management Right Training Brochure available.
Resident Letting Agents Training Courses
The following organisations offer Resident Letting Agents training courses:
Complete Property Training
U5 Capital One Building
Cnr Innovation Parkway & Capital Place
Ph: 1300 281 289 Fax: 07 54 388 922
REIQ Gold Coast Training Centre
PO Box 3374
Australia Fair Post Office
Southport Qld 4215
Ph: 07 5527 1614Fax: 07 5571 0753
Australian Property College
Level 4,243 Cleveland Street (PO Box 2241)
Brisbane Qld 4001
Ph: 07 3220 1511
Fax: 07 3220 1344
Gold Coast Institute Of TAFE
Customer Service Centre
PO Box 5547
Gold Coast Mail Centre Queensland 9726
Ph: 07 5581 830
Property Training Queensland (Sunshine Coast)
Shop 2A Unistyle Lifestyle Centre
7172 Bruce Highway
Forest Glen Queensland 4556
Ph: 07 5476 4588
Sunshine Coast Institute of TAFE
PO Box 5252 SCMC
Nambour Queensland 4560
Ph: (07) 5459 3855
Fax: (07) 5459 3825
Please contact us if you require more information about the Resident Letting Agents License, and the training requirements for it.