Licensee in Charge Training Plan
All Licensees in Charge need to prepare and maintain an annual training plan for their agency, which connects performance goals with the training needs of all agents employed in an agency.
Nominated LICs are responsible for the development and implementation of the training plan, as well as reviewing and updating it annually.
The plan will align to each Continuing Professional Development (CPD) year, which runs for 12 months from March each year.
Purpose
A training plan ensures all agency principals and licensees in charge are thinking about the training needs of their business.
The foundation of the annual training plan prepared by a licensee in charge will be the compulsory CPD set by the Property Services Commissioner annually. But this is only a legal minimum for agents to remain licensed, their training and development needs will go beyond what is required by law. The training plan must also include further training for agents development and to boost performance of the whole agency.
Template
A template to help LICs create a training plan for their agency has been developed by NSW Fair Trading and can be accessed using the link below. It can be expanded and modified as needed. This template is provided as a minimum guideline only.
We will be delivering workshops covering all areas of the property industry to further assist with professional development. Watch this space.