Real Estate agents, representatives and property managers are legislated to complete a total of 10 hours of compulsory professional development per calendar year.
Mandatory CPD: As a licensed agent, registered rep or property manager, 3 hours of your CPD training is classed as mandatory, meaning the topics are mandated by the government and the cost is covered from the interest earned from agents’ trust accounts. You do not need to pay to register for these sessions.
Elective CPD: The remaining 7 hours of CPD is classed as elective CPD, meaning you are able to choose the topic of the training from a list of approved subjects. This does not mean completion of the points is elective, you still need to complete your allotted 10 hours within each calendar year.