Unit of competency Outline
Date retreived
24/07/2026 1:34 AM AWST
24/07/2026 1:34 AM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Market the agency
Market the agency
Unit of competency
National Code
CPPDSM5032A
CPPDSM5032A
State Code
D1349
D1349
TGA Status
Replaced
Replaced
DTWD Status
Replaced
Replaced
State Implementation and Classification
Approved Date
28/10/2008
Field of Education
080505 - Marketing
Original Release Date
28/10/2008
Nominal Hours
15
Description
This unit of competency specifies the outcomes required to develop and implement a marketing strategy to position the agency in the property market. It does not cover marketing required for individual properties.The unit may form part of the licensing requirements for persons engaged in real estate activities in those States and Territories where these are regulated activities.
Notes
Elements and Performance Criteria
1Undertake market research.
- 1.1 Market research methods are developed that provide a sound base for the creation of a property database and comparative analysis of property markets.1.2 Research is undertaken that provides a sound base for operational marketing decisions to be made in line with ethical and legislative requirements.
2Develop marketing strategy.
- 2.1 Organisation's business plan, needs of the existing client base and the nature of further business opportunities are established that are appropriate to the scope of market opportunities available to the agency.2.2 Relative strengths and weaknesses of competitors are assessed to identify opportunities for competitive advantage and for inclusion in marketing strategies.
- 2.3 Marketing strategies are formulated to position the agency in the property market and to minimise adverse effects of direct competition on the agency.2.4 Marketing strategy is developed based on the needs of key stakeholders and to enable its implementation within agency services.2.5 Marketing strategy is presented to all stakeholders ready for their consideration.
3Implement marketing strategy.
- 3.1 Agency logo and mission statement are developed to promote positive public recognition of the services provided.3.2 Clients are clearly informed of value-added services that are provided by the agency.3.3 Promotional materials are produced as a ready reference for agency staff.3.4 Community networks are accessed to promote the agency's services.3.5 Service fees are charged that are consistent with agency business objectives and are able to be consistently understood and applied by relevant staff.
4Review and adjust marketing activities.
- 4.1 Marketing activities and plan are reviewed against agreed benchmarks and targets.4.2 Feedback on outcomes of marketing activities is sought using reliable methods and verifiable data according to agency practice.4.3 Need for alternative marketing activities and adjustments to marketing plan are assessed in consultation with relevant people.4.4 Effectiveness of planning and marketing processes is assessed to identify possible improvements in future activities.4.5 Costs and time lines are analysed to evaluate and improve future marketing initiatives.4.6 Conclusions are prepared from verifiable evidence and advice is provided on future marketing initiatives.
- 4.7 Stakeholder recommendations are presented to allow for implementation in revised marketing plans, whose effectiveness is regularly monitored.4.8 Agreed agency services are regularly assessed and adjusted to reflect agreed marketing policies.
5Select and promote agency services.
- 5.1 Agency services are selected to maximise competitive advantage and profitability and address stated client requirements.5.2 Achievable targets are set for each service that are in line with the business marketing plan and the size and nature of the agency.5.3 Cost-benefit analysis is performed on services delivered, to enable the determination of the overall financial viability of individual services.5.4 Service performance is reviewed periodically, allowing for adjustments to be made in line with changes in the marketplace.
RANGE STATEMENT
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording in the performance criteria is detailed below. Add any essential operating conditions that may be present with training and assessment depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts.
Market research methods may include:
qualitative methods
quantitative methods.
Legislative requirements may include:
anti-discrimination and equal employment opportunity
consumer protection, fair trading and trade practices
financial services
OHS
privacy
property sales and management.
Marketing strategies may include:
achieving lower costs than competitors
agency service range and mix
creating a different service so that the agency becomes a class leader in the industry
presentation and display of agency services
pricing
promotion and advertising
pursuing cost leadership and product differentiation within the market.
Stakeholders may include:
accountants
board of directors
clients
customers
managers
marketing personnel
owners
staff
strategic business partners
subcontractors.
Verifiable evidence may include:
checklists
notes
qualitative and quantitative data
records
testimonies.
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording in the performance criteria is detailed below. Add any essential operating conditions that may be present with training and assessment depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts.
Market research methods may include:
qualitative methods
quantitative methods.
Legislative requirements may include:
anti-discrimination and equal employment opportunity
consumer protection, fair trading and trade practices
financial services
OHS
privacy
property sales and management.
Marketing strategies may include:
achieving lower costs than competitors
agency service range and mix
creating a different service so that the agency becomes a class leader in the industry
presentation and display of agency services
pricing
promotion and advertising
pursuing cost leadership and product differentiation within the market.
Stakeholders may include:
accountants
board of directors
clients
customers
managers
marketing personnel
owners
staff
strategic business partners
subcontractors.
Verifiable evidence may include:
checklists
notes
qualitative and quantitative data
records
testimonies.
EVIDENCE GUIDE
The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, the range statement and the Assessment Guidelines for this Training Package.
Overview of assessment
This unit of competency could be assessed through practical demonstration of case studies, demonstration and practical exercises focused on marketing an agency. Targeted written (including alternative formats where necessary) or verbal questioning to assess the candidate's underpinning knowledge would provide additional supporting evidence of competence. The demonstration and questioning would include collecting evidence of the candidate's knowledge and application of ethical standards and relevant federal, and state or territory legislation and regulations. This assessment may be carried out in a simulated or workplace environment. Assessment may be carried out in a simulated or workplace environment.
Critical aspects for assessment and evidence required to demonstrate competency in this unit
A person who demonstrates competency in this unit must be able to provide evidence of:
knowledge of the ethical and legislative requirements relating to marketing an agency
undertaking market research to support the marketing of an agency
developing a marketing strategy for an agency
implement a marketing strategy for an agency
reviewing and adjusting agency marketing activities in response to changing business objectives and market conditions
selecting and promoting agency services to clients and other stakeholders.
Context of and specific resources for assessment
Resource implications for assessment include:
access to suitable simulated or real opportunities and resources to demonstrate competence
assessment instruments that may include personal planner and assessment record book
access to a registered provider of assessment services.
Where applicable, physical resources should include equipment modified for people with disabilities.
Access must be provided to appropriate learning and/or assessment support when required.
Assessment processes and techniques must be culturally appropriate, and appropriate to the language and literacy capacity of the candidate and the work being performed.
Validity and sufficiency of evidence require that:
competency will need to be demonstrated over a period of time reflecting the scope of the role and the practical requirements of the workplace
where the assessment is part of a structured learning experience the evidence collected must relate to a number of performances assessed at different points in time and separated by further learning and practice with a decision of competence only taken at the point when the assessor has complete confidence in the person's competence
all assessment that is part of a structured learning experience must include a combination of direct, indirect and supplementary evidence
where assessment is for the purpose of recognition (RCC/RPL), the evidence provided will need to be current and show that it represents competency demonstrated over a period of time
assessment can be through simulated project-based activity and must include evidence relating to each of the elements in this unit.
In all cases where practical assessment is used it will be combined with targeted questioning to assess the underpinning knowledge. Questioning will be undertaken in such a manner as is appropriate to the language and literacy levels of the candidate and any cultural issues that may affect responses to the questions, and will reflect the requirements of the competency and the work being performed.
The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, the range statement and the Assessment Guidelines for this Training Package.
Overview of assessment
This unit of competency could be assessed through practical demonstration of case studies, demonstration and practical exercises focused on marketing an agency. Targeted written (including alternative formats where necessary) or verbal questioning to assess the candidate's underpinning knowledge would provide additional supporting evidence of competence. The demonstration and questioning would include collecting evidence of the candidate's knowledge and application of ethical standards and relevant federal, and state or territory legislation and regulations. This assessment may be carried out in a simulated or workplace environment. Assessment may be carried out in a simulated or workplace environment.
Critical aspects for assessment and evidence required to demonstrate competency in this unit
A person who demonstrates competency in this unit must be able to provide evidence of:
knowledge of the ethical and legislative requirements relating to marketing an agency
undertaking market research to support the marketing of an agency
developing a marketing strategy for an agency
implement a marketing strategy for an agency
reviewing and adjusting agency marketing activities in response to changing business objectives and market conditions
selecting and promoting agency services to clients and other stakeholders.
Context of and specific resources for assessment
Resource implications for assessment include:
access to suitable simulated or real opportunities and resources to demonstrate competence
assessment instruments that may include personal planner and assessment record book
access to a registered provider of assessment services.
Where applicable, physical resources should include equipment modified for people with disabilities.
Access must be provided to appropriate learning and/or assessment support when required.
Assessment processes and techniques must be culturally appropriate, and appropriate to the language and literacy capacity of the candidate and the work being performed.
Validity and sufficiency of evidence require that:
competency will need to be demonstrated over a period of time reflecting the scope of the role and the practical requirements of the workplace
where the assessment is part of a structured learning experience the evidence collected must relate to a number of performances assessed at different points in time and separated by further learning and practice with a decision of competence only taken at the point when the assessor has complete confidence in the person's competence
all assessment that is part of a structured learning experience must include a combination of direct, indirect and supplementary evidence
where assessment is for the purpose of recognition (RCC/RPL), the evidence provided will need to be current and show that it represents competency demonstrated over a period of time
assessment can be through simulated project-based activity and must include evidence relating to each of the elements in this unit.
In all cases where practical assessment is used it will be combined with targeted questioning to assess the underpinning knowledge. Questioning will be undertaken in such a manner as is appropriate to the language and literacy levels of the candidate and any cultural issues that may affect responses to the questions, and will reflect the requirements of the competency and the work being performed.
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| C5155 | PRDRE05A | Market agency | Unit of competency |
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| OAQ84 | CPPREP5008 | Market the property agency | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| D229 | CPP50307 | Diploma of Property Services (Agency Management) | Qualification |