Becoming a Real Estate Sales Agent

Hi everyone, first time poster ...

Looking to finishup in the corporate world and become a real estate sales agent.

From research I have done it looks like TAFE offers an online course approx. $2,300 and is called PROPERTY SERVICES (REAL ESTATE)Certificate IV.

Has anyone completed this course ?

Interested in hearing from others who have made a late career change and entered into the real estate sales area. I am not interested in property maintenance simply the selling process.

Cheers ...

 

You can do this through Kaplan for circa $1500

 

http://www.kaplanprofessional.edu.a...-real-estate/nsw-real-estate-licence-program/

$2,250 similar to TAFE ... REINSW is over $3K.

 

You might be better off doing the Certificate of Registration for approx $500 and 4-5 days classroom or at your leisure via e-learning, and then working in an agency before you commit to obtaining your full licence which lets you go out on your own.

 

As per @propertyunity - unless you need the licence do the certificate of rego to get you into the industry.

Also suss out OTEN for online courses.

 

I would recommend the certificate of registration as well with the workshop option which is easier and faster.

Cheapest you can get, $300 for correspondence or $390 for 2 day workshop.
http://www.scoopon.com.au/deals/66592/real-estate-certificate-of-registration-course

 

wow, I think that's the cheapest I have ever seen

 

I did the full licence earlier this year (very insightful...and scary how easy it was to complete). Studied remotely (via http://www.macdonaldeducation.com.au/) to fit it in around life.

If you're looking to get into the industry, I'd follow what's been recommended above: do the certificate of registration, then get into an agency to learn/experience, then get the full licence when you're ready.

 

It's the cheapest out there at the moment.

Also this is the quickest way to get qualified as you can do the 2 day workshop and the Certificate of Registration around 3 weeks. (Workshop/certificate issue 1 week + OFT application time 2 weeks)

In comparison the quickest one could get qualified with the License is around 9 weeks. (Course completion/certificate issue 3 weeks + OFT application time 6 weeks)

It's even easier to do the workshops as they practically give you the answers to pass the assessments.

 

Yeah true, when I did it I actually went to the classes. Biggest bludge

 

I looked at the Real Estate College one here is SA and it was $5800, 7 week course.Am i missing something...............

http://www.realestatetrainingcollege.com.au/

 

That was probably for the whole license, ie enabling you to start / own an agency, rather than just the sales rep registration being discussed.

 

Thanks everyone ! Great input/feedback ... next question ....

What would be approx. starting salary for someone in Sydney just entering with certificate of registration ... again I am interested primarily in sales.

 

Some do commission only, others do about $45k plus commission

Really need to have good savings before you take the plunge because long hours and the pay cut. Also it takes time to become established

 

It's the easiest industry to get in and the easiest to get out. Many don't last more than a year

 

@Esh

Affection to branded suits and fancy car.
Unknown to pain of securing vendor and property!

Sums it up well..

 

I think real estate is one game where you need to put careful thought and effort into development of multiple income streams to ride you through the slow periods. Plenty of agencies consolidate or close down in tough times.

 

You forgot - lobotomy.

As far as pay goes, don't have any expectations. Training costs will be offset against commissions. Getting tied into a lease for a shiny car and lifestyle makes you hungry to do deals or go bankrupt.

 

Property Management will be part of your work, how else are you going to answer questions from IP owners on how much rent the said property will be worth? what are the costs of PM and will the property be easy to rent and what is the rental market like at the moment.

Would be RE agents also need to know they will be expected to list properties, that's the hardest part of the work, if you cant list you dont survive.

You really need to know all aspects of real estate work to survive and that's going to take you a couple of years at least.

 

Teaching and Real Estate have the highest attrition rates in the first five years of full-time employment... Gotta think there's a reason for that... Any REAs or PMs on here willing to share why so many walk away so soon? Would it be market fluctuations affecting income and lifestyle? The long and tiresome hours? Getting in during a low market and not surviving til the next boom?
I've always wanted to get into real estate but it's the hours that always put me off...