Stock and station agent

For licensing purposes, the work of a stock and station agent includes:

• performing the functions of a stock and station agent in relation to rural land (greater than 20 hectares) as per section 3 of the Property, Stock and Business Agents Act 2002
• performing a livestock transaction (the purchase, sale or other disposal of livestock, whether or not an auction is involved) or
• inducing or attempting to induce or negotiating with a view to inducing any person to enter into, or to make or accept an offer to enter into, a livestock transaction or a contract for a livestock transaction or
• providing agistment for livestock or collecting of fees for the agistment of livestock.

Qualification requirements

A person has the qualifications required for the issue of a stock and station agent's licence if a registered training organisation has issued the person with a CPP40407 Certificate IV in Property Services (Stock and Station Agency) demonstrating competency in all of the following units of competency. The underpinning knowledge must be based on New South Wales law.

From CPP40407 Certificate IV in Property Services (Stock and Station Agency), the following twelve core units:

• CPPDSM4008A Identify legal and ethical requirements of property sales to complete agency work
• CPPDSM4009A Interpret legislation to complete agency work
• CPPDSM4015A Minimise agency and consumer risk
• CPPDSM4021A Sell and finalise the sale of rural property by private treaty
• CPPDSM4024A Advise clients on livestock sale and purchase options
• CPPDSM4039A Conduct livestock sale by auction
• CPPDSM4052A List and market rural property for sale or lease
• CPPDSM4067A Plan for and complete the sale of rural property by auction
• CPPDSM4068A Prepare livestock for sale at saleyards
• CPPDSM4075A Select livestock for sale
• CPPDSM4077A Sell livestock by private sale
• CPPDSM4081A Work in the stock and station agency sector.

From CPP40407 Certificate IV in Property Services (Stock and Station Agency),  the following six rural property and sales management units:

• CPPDSM4005A Establish and build client - agency relationships
• CPPDSM4006A Establish and manage agency trust accounts
• CPPDSM4037A Conduct auction of rural property
  Or
  CPPDSM4007A Identify legal and ethical requirements of property management to complete agency work
• CPPDSM4030A Appraise rural property
• CPPDSM4051A Lease rural property
• CPPDSM4073A Provide rural property management services.

From CPP40407 Certificate IV in Property Services (Stock and Station Agency), the following three common units (includes two units from BSB07 Business Services Training Package):

• BSBSMB406A Manage small business finances
• BSBLED401A Develop teams and individuals
• CPPDSM4056A Manage conflicts and disputes in the property industry.

Or

If you have held a stock and station agent’s licence in the past 12 months and you apply for a new stock and station agent’s licence, your previous licence will be accepted in lieu of the current qualification requirements.

Transitional arrangements

A person has the qualifications required for the issue of a stock and station agent’s licence if, in the case of an application for a licence applied for before 1 June 2012, a registered training organisation has issued the person with a statement of attainment or a qualification demonstrating competency in all of the following units of competency from the Property Development and Management Training Package (PRD01) and New South Wales modules. The underpinning knowledge must be based on New South Wales law.

The following New South Wales modules:

• 17320A  Work in the stock & station sector
• 17319B  Prepare for work in property industry.

The following PRD01 Units of competency:

• PRDRE08A  Manage efficient financial systems
• PRDRE09A  Implement and monitor financial management systems
• PRDRE10A  Manage agency risk
• PRDRE11A  Provide property appraisal
• PRDRE23A  Manage agency:client relationship
• PRDRE28A  Maintain trust account
• PRDRE35A  Communicate effectively and accurately with clients
• PRDSSA20A  List properties for sale
• PRDSSA21A  Market property for sale
• PRDSSA22A  Negotiate sale by private treaty
• PRDSSA23A  Conduct auction sale
• PRDSSA25A  Conduct a sale by tender
• PRDSSA26A  Administer process to completion or abandonment of sale
• PRDSSA27A  Lease rural property
• PRDSSA28A  Manage properties for clients
• PRDSSA29A  Advise client on sale and purchase alternatives
• PRDSSA30A  Select stock for sale
• PRDSSA31A  Prepare stock for sale
• PRDSSA32A  Conduct livestock sale by auction
• PRDSSA33A  Arrange buyer and inspections
• BSXFMI511A  Contribute to the development of a workplace learning environment.

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