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Becoming a Real Estate Sales Agent

Discussion in 'General Property Chat' started by hillsguy, 25th Aug, 2015.

  1. hillsguy

    hillsguy Well-Known Member

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    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 ...
     
  2. DaveM

    DaveM Adelaide Buyers Agent & KFC Strategist Business Member

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    You can do this through Kaplan for circa $1500
     
  3. hillsguy

    hillsguy Well-Known Member

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  4. Propertunity

    Propertunity Exclusive Real Estate Buyers Agent Business Member

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    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.
     
  5. Scott No Mates

    Scott No Mates Well-Known Member

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    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.
     
  6. Nick Valsamis

    Nick Valsamis Real Estate Professional

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    Esh likes this.
  7. Esh

    Esh Well-Known Member

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  8. Steven Ryan

    Steven Ryan Mortgage Broker Business Plus Member

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    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.
     
    DiligentPM and Esh like this.
  9. Nick Valsamis

    Nick Valsamis Real Estate Professional

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    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.
     
  10. Esh

    Esh Well-Known Member

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    Yeah true, when I did it I actually went to the classes. Biggest bludge
     
  11. jim1964

    jim1964 Well-Known Member Premium Member

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  12. D.T.

    D.T. Adelaide Property Manager Business Member

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

    hillsguy Well-Known Member

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    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.
     
  14. Esh

    Esh Well-Known Member

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    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
     
  15. Esh

    Esh Well-Known Member

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

    Be Developer Property Developer Business Member

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    @Esh

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

    Sums it up well..
     
    Esh likes this.
  17. wombat777

    wombat777 Well-Known Member Premium Member

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    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.
     
  18. Scott No Mates

    Scott No Mates Well-Known Member

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    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.
     
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  19. balwoges

    balwoges Well-Known Member

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    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.
     
  20. MrsNixba

    MrsNixba Well-Known Member

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    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...