WA Consumer Protection: Concerning CPD completion numbers
/15 November 2022
Western Australia’s Consumer Protection division has reported in a bulletin this week that there is a concerning number of real estate licensees and registration holders yet to meet their 2022 CPD obligations.
WA licence and certificate holders must complete 10 points of CPD training each calendar year to be eligible for renewal. Completion must be achieved by 31 December.
We offer WA Elective CPD (7 points). Mandatory CPD must also be completed to achieve the remaining points (3 points).
WA Consumer Protection reports on the issue as follows:
Continuing Professional Development in 2022 - Real estate industry bulletin 258
Don’t believe the rumours. Your compliance with the Continuing Professional Development (CPD) program is required in 2022, and will continue to be a requirement in 2023.
You still have a few months left to complete your CPD requirements for the 2022 calendar year, so make the most of this time by booking your mandatory and elective sessions now.
Our records show a whopping number of people in the industry haven’t done any CPD activities at all in 2022:
over 40 per cent of licensed real estate agents; and
over 45 per cent of registered sales representatives and property managers.
If you have a real estate agent licence and a sales representative registration valid at the same time, you need to meet both sets of CPD obligations.
The purpose of the CPD program is to increase the knowledge, skills and professionalism of the real estate and business broking industries.
CPD also aims to protect consumers and promote confidence in the real estate industry.
The requirements of CPD are prescribed by legislation, which make it compulsory for all real estate and business broking agents, sales representatives and property managers to comply with the CPD program. Failure to do so may result in a penalty of up to $5000.
For any further enquiries about your CPD, please contact cpd@dmirs.wa.gov.au.
