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It includes establishing and monitoring management practice, reviewing controls for the operation of trust accounts and ensuring ethical practice systems are maintained.Ĭluster 4 Marketing and Communication StrategiesĬPPREP5009 Develop a marketing and service strategy in real estate The Ethics and Compliance Cluster focuses on analysing, developing and evaluating compliance in the property industry. It includes monitoring workforce trends, managing staff performance by developing key results areas, and managing and evaluating agency teams.ĬPPREP5001 Manage compliance in the property industryĬPPREP5003 Manage ethical practice in the property industryĬPPREP5002 Establish and monitor property industry trust account management practices

The Effective Workplace Management Cluster provides insights to the planning and management of an effective workforce. It includes developing goals and objectives required to prepare a business and financial strategic plan.īSBHRM524 Coordinate workforce plan implementationĬPPREP5005 Manage teams in the property industry The Business and Financial Management Cluster identifies the knowledge and skills to develop a business strategy to position the agency in the property market. NameĬluster 1 Business and Financial ManagementĬPPREP5007 Develop a strategic business plan in the property industryĬPPREP5006 Manage operational finances in the property industry In addition, the learner must choose one of the elective clusters. Clusters 1-6 contain the units of competency by NSW Fair Trading, and therefore must be completed.