BUSINESS BROKER-ANZSCO :612111

SKILL LEVEL 3

sol Skilled Occupation List no
csol Consolidated Sponsored Occupation List yes
rsmsol Regional Sponsored Migration Scheme Occupation List yes
lmtr Labour Market Testing Requirement yes
State Capital Visa subclass 190 Visa subclass 489 Visa subclass 189
SA South Australia Adelaide
TAS Tasmania Hobart
VIC Victoria Melbourne
WA Western Australia Perth
ACT Australian Capital Territory Canberra
NSW New South Wales Sydney
NT Northern Territory Darwin
QLD Queensland Brisbane

ANZSCO 612111: BUSINESS BROKER


Major Group: 6 - Sales Workers | Sub-Major Group: 61 - Sales Representatives and Agents | Minor Group: 612 - Real Estate Sales Agents | Unit Group: 6121 - Real Estate Sales Agents

Description: Operates as an independent agent in the buying and selling of businesses. Registration or licensing may be required.

Skill Level 3 : Occupations at Skill Level 3 have a level of skill commensurate with one of the following:

- NZ Register Level 4 qualification
- AQF Certificate IV or
- AQF Certificate III including at least two years of on-the-job training.

At least three years of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.

Alternative Titles
  • Business Agent
Alternative titles are any commonly used alternative title (or titles) for the occupation. These alternative titles have the same meaning as the principal title but may be less commonly used.

Specialisations
  • Franchise Broker
Specialisation titles are any commonly used titles which refer to a subset of jobs belonging to the occupation designated in the principal title. These jobs involve the performance of specialised tasks rather than the broader range of tasks usually performed in the occupation.

UNIT GROUP 6121: REAL ESTATE SALES AGENTS


Description: Sell, lease and manage commercial and private properties, and broker the buying and selling of businesses.

Skill Level: Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below.

- In Australia:

AQF Certificate III including at least two years of on-the-job training, or AQF Certificate IV (ANZSCO Skill Level 3)

- In New Zealand:

NZ Register Level 4 qualification (ANZSCO Skill Level 3)

At least three years of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.

Registration or licensing may be required.

The occupation Real Estate Agency Principal (Aus) / Real Estate Agency Licensee (NZ) has a level of skill commensurate with the qualifications and experience outlined below.

- In Australia:

AQF Associate Degree, Advanced Diploma or Diploma (ANZSCO Skill Level 2)

- In New Zealand:

NZ Register Diploma (ANZSCO Skill Level 2)

At least three years of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.

Tasks
  • accepting and listing properties and businesses for sale and lease, conducting inspections, and advising buyers on the merits of properties and businesses and the terms of sale or lease
  • advising vendors of sales and marketing options such as sale by auction and open house inspections
  • cataloguing and detailing land, buildings and businesses for sale or lease and arranging advertising
  • assessing buyers' needs and locating properties and businesses for their consideration
  • offering valuations and advice for buying and selling properties and businesses, and structuring the terms of settlement
  • collecting and holding rent monies from tenants, and remitting to owner on agreed basis
  • monitoring and addressing non-compliance with terms and conditions of tenancy and pursuing rental arrears
  • developing and implementing business plans, budgets, policies and procedures for the agency
  • may arrange finance, land brokerage, conveyancing and maintenance of premises
Other occupations in this Unit Group
  • 612112 - Property Manager
  • 612113 - Real Estate Agency Principal
  • 612114 - Real Estate Agent
  • 612115 - Real Estate Representative