Latest release
Unit Group
1714 Real Estate Agency Principals
OSCA - Occupation Standard Classification for Australia
Reference period
2024, Version 1.0
Released
6/12/2024
1714 Real Estate Agency Principals
Manage the overall activities of real estate agencies.
OSCA skill level
The occupations in this unit group have a skill level corresponding to the qualifications and experience below.
- Skill Level 2: AQF Associate Degree, Advanced Diploma, Diploma, or at least three years of relevant experience
Occupation
171431 Real Estate Agency Principal
Manages the overall activities of a real estate agency.
Registration or licensing is required.
Alternative title
- Real Estate Agency Licensee
Skill level: 2
Main tasks
- Develops and implements business strategies, budgets, policies and procedures for the agency
- Oversees day-to-day operations, including property sales, leasing and property management
- Manages and supervises Real Estate Agents and support staff
- Establishes and maintains client relationships, including property owners, buyers and tenants
- Sets sales targets and monitors performance
- Prepares and presents reports to stakeholders, including property owners and governing bodies
- Negotiates and finalises contracts and agreements with clients and other parties