Training

	Fee ($)
Item	Member	Non-Member
Agent’s Representative Course (3 Units)	795	795
Licence Course (Full Fee for Service) – 24 Units	4750	5250
Licence Course (Full Fee for Service) – 21 Units + 3 Units RPL	4600	5100
Licence Course (Full Fee for Service) – 21 Units + 3 Units Credit Transfer	4350	4850
Licence Course (Traineeship/Victorian Training Guarantee)*	1750**	1750**
Career Kickstart (if booked at the same time as the Agent’s Representative Course)	695	795
Career Kickstart	795	875

* This fee is only for eligible Victorian Training Guarantee Students

**This fee is initially charged as $1000 and a subsequent $750 administrative fee for those who do not complete within one year.

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The Victorian Government under their Training Guarantee initiative is currently providing Victorians with the opportunity to upgrade their skills with the assistance of government funding. The funding covers the cost of the course and students are only required to pay a prescribed tuition fee based on the number of units studied. No tuition fee is applicable for those units being completed via Recognition of Prior Learning (RPL) or those for which you are awarded Credit Transfer.

Students with a disability are encouraged to apply for government subsidised training.

In 2013 you are eligible for a government-subsidised training place if you:

Meet one of the following citizen/residency status:

• Australian citizen
• Australian Permanent Resident (holder of a permanent visa)
• holder of a Special Category Visa (sub-class 444, New Zealand citizen)
• holder of a Temporary Protection Visa.

And are any of the following (as at 1 January 2013):

• under 20 years of age and seeking to enrol in nationally recognised training
• over 20 years of age and ‘upskilling’ by undertaking a course at a higher level than your existing qualification

And...

• You haven’t begun and are not enrolled to begin two or more other government-subsidised courses in 2013. (This means that you can start no more than two government-subsidised courses in this calendar year)
• You are not already doing two or more other government-subsidised courses. (This means that you can do no more than two government-subsidised courses at one time).

If you meet the above criteria, please complete the enrolment form and sign the eligibility declaration and attach the required certified documents.

Indicative fees are as follows:

Course	Indicative tuition fee per scheduled hour	Indicative scheduled hours	Indicative fee
CPP40307 Certificate IV in Property Services (Real Estate)	$2.32	755	1750.00

The student tuition fees as published are subject to change given individual circumstances at enrolment. Additional fees may apply such as student services and amenities fees.

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The following Victorian Training Guarantee/ Traineeship rates apply for eligible students enrolled in the full course of the CPP40307 Certificate IV in Property Services (Real Estate) and completing one or more units by RPL or Credit Transfer.

The  following  Full Fee for Service rates reflect charges for individual units or the fees for  students enrolled in the full course of the CPP40307 Certificate IV in Property Services (Real Estate) and completing one or more units by RPL or Credit Transfer.

Unit of Competency		Victorian Training Guarantee Fee / Traineeship Fee* ($)		Full Fee for Service ($)
Code	Title	Member	Non-Member	Member	Non-Member
CPPDSM4080A	Work in the real estate industry	41.70	46.35	230	230
CPPDSM4007A	Identify legal and ethical requirements of property management to complete agency work	62.55	69.50	340	340
CPPDSM4008A	Identify legal and ethical requirements of property sales to complete agency work	62.55	69.50	340	340
CPPDSM4009B	Interpret legislation to complete agency work	62.55	69.50	230	270
CPPDSM4015B	Minimise agency and consumer risk	62.55	69.50	230	270
CPPDSM4011A	List property for lease	52.15	57.95	150	170
CPPDSM4013A	Market property for lease	52.15	57.95	150	170
CPPDSM4012A	List property for sale	62.55	69.50	150	170
CPPDSM4014A	Market property for sale	62.55	69.50	150	170
CPPDSM4003A	Appraise property	62.55	69.50	230	270
CPPDSM4018A	Prepare and present property reports	62.55	69.50	230	270
CPPDSM4001A	Act as a buyer’s agent	41.70	46.35	230	270
CPPDSM4010A	Lease property	104.25	115.85	230	270
CPPDSM4016A	Monitor and manage lease or tenancy agreement	104.25	115.85	230	270
CPPDSM4049A	Implement maintenance plan for managed properties	52.15	57.95	150	170
CPPDSM4020A	Present at tribunals	41.70	46.35	150	170
CPPDSM4056A	Manage conflict and disputes in the property industry	41.70	46.35	150	170
CPPDSM4019A	Prepare for auction and complete sale	41.70	46.35	230	270
CPPDSM4004A	Conduct auction	20.85	23.15	230	270
CPPDSM4005A	Establish and build client-agency relationships	41.70	46.35	150	170
CPPDSM4022A	Sell and finalise the sale of property by private treaty	104.25	115.85	230	270
CPPDSM4006A	Establish and manage agency trust accounts	125.10	139.00	360	410
BSBSMB406A	Manage small business finances	125.10	139.00	230	270
BSBRKG304B	Maintain business records	62.55	69.50	150	170

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Item	Cost ($)
Agent’s Representative Course Transfer Fee – change of attendee	100
Agent’s Representative Course Transfer Fee – change of date	100
Late Assessment Marking Fee	30	per assessment
Legislation Pack	198
Postage Charge for License Course by Distance Education	50
Recognition of Prior Learning (RPL) Application Fee	100
Recognition of Prior Learning (RPL) Assessment Fee	50	per unit
Reissue of Agents Representative Course Pack	100
Reissue of License Course learner resources	60	per unit
Replacement Qualification	60
Replacement Qualification and Statement of Attainment	75
Replacement Statement of Attainment	30
Retrieval of Results from Archives (7 years post completion or withdrawal from study)	125
Unit Re-enrolment Fee	120

All payments are expected to be made in advance.

Students enrolled in the license course who need to pay more than $1500 may make an initial payment of $1000 and then payments every three months of $1500 until the balance is paid.

Provider Default

In the case that the Real Estate Institute of Victoria cancels the course at any stage during the period of enrolment a pro rata refund of the unassessed units will be issued.

Fees, Charges and Refunds

For the REIV Victorian Training Guarantee and Traineeship program fees, charges and refunds are provided in accordance with the Victorian Department of Education and Early Childhood Development Student Fees and Charges Policy. Full details on this policy and student concessions can be found at http://www.skills.vic.gov.au . For further details on refunds, fees and charges, see the REIV Traineeship Information Kit available via the REIV website or on request.

Concession Card Holders

Concessions on student fees and charges are available to concession card holders. Please contact the REIV Traineeship Coordinator if you are a concession card holder or if you are a wholly dependent spouse or child of a concession card holder.

Changes and Refunds

1. Cancellation of course enrolments must be made in writing (letter, fax or email) at least 7 days prior to commencement of the course date. In all cases a $100 administration fee will be retained.
2. Failure to give proper notice of cancellation will result in the course fee being charged.
3. Students have the option of transferring to the next available date at no cost with 5 working days notice. Should the transfer be requested with less notice a $100 fee will be charged. No refund will be made to students who transfer their course and who subsequently cancel.
4. For distance education students, notice to cancel must be received in writing prior to dispatch of materials. A $100 administration fee will retained.
5. No refund will be made unless the above applies.

Trading Terms

1. Registrations must be received no later than 24 hours prior to the course commencement. Registrations for the Agent's Representative Course must be received no later than 4pm on the business day prior to the course commencing.
2. Registration will not be processed unless payment has been received.
3. Participants may be substituted at any time prior to the program’s commencement. Notification of any change must be forwarded to the L & D Team in writing.
4. If the situation arises where more than the maximum number of participants register for a course, the REIV will give preference to students in order of receipt of registration. Unsuccessful applicants will be contacted by an REIV representative and offered a position in the next available course scheduled.
5. If participants are not completely satisfied when attending a course please refer to the REIV Complaints/Appeals policy to lodge a complaint.

GST Liability

1. All pricing is inclusive of GST, except the Licence Course, Agent’s Representative and Traineeship programs for which no GST is applicable.
2. Registration forms can be used as tax invoice for tax purposes. All students are forwarded a paid tax invoice which serves as a receipt.

Course Cancellation

Where the number of participants falls below the minimum required, the REIV reserves the right to cancel or postpone a program to an alternative date. All registered participants affected by such a change will be contacted and offered the opportunity to transfer to the next available program or receive a full refund.

Presenters

The REIV reserves the right (in the case of unforeseen circumstances) to replace the advertised presenter prior to delivery.