Online vs F2F - Certificate IV in Finance and Mortgage Broking

Hey guys, looking to do my Cert 4 and was hoping to get some feedback as to where i should do it, or if doing it online was a good idea?

Money is a big concern, and with online being almost half the price, its seems to good to be true. That's why I wanted to double check to see if any of you guys had done it before and had any feedback?

Any suggestions as to where I should do it would be great!
P.s. based in the Sydney Region

Thanks

 

Hi @yunginvestor I have recently studied for my Dip in Property Services through OTEN and I found it to be really good. I was able to fit it in around my schedule and enjoyed the flexibility of it all. I am remote so there was no real option for me but if you are self motivated and can keep to the task at hand I would have no hesitation in recommending the online model.

 

Just do whatever is the cheapest. It is largely a waste of time and only needed for licensing

 

The Cert IV or Diploma doesn't make a broker. My experience is that after completing the Cert IV people are still fairly clueless about the job. Better to simply find the quickest and easiest way to get it done, then actually get on with the job, working with someone experienced.

 

I did it face-to-face. Was definitely the best option for me to learn and complete it efficiently. I've studied other stuff remotely (incl REA and BA license).

But as others have said, what you learn makes up approximately ZIP of what you actually need to know.

 

I did mine online through Kaplan - no issues at all. As others have said, it's a piece of cake and gives you zero that you'll actually use as a broker. Bang it out as quick as you can and get to work with an amazing mentor - that's where the value is.

 

Go online - Kaplan were pretty good. It just gives you the structure/compliance/environment, not too much about how to actually be a mortgage broker and how to be successful

 

Online.

Agree with the above - the qualifications don't create a good broker. That comes with experience, a good mentor and personal traits/skills/behaviors.

Cheers

Jamie

 

Thanks guys, going ahead with Kaplan now. Feel free to share any assignments/notes haha!

 

I've taken some good online courses before, some are much better face to face as well, depends what it is. Most things require you to start applying it in the real world for it to be of use.

I know you're only half joking!
Best of luck with it all.

 

What Terry said. If I never did the quals it would make zip difference. In fact the course I did taught cross coll as SOP

 

I used AAMC - cheaper than Kaplan I think.

 

I used AAMC and did it via correspondence and online as this was the cheapest option available at the time.

 

If money is a big concern, Id investigate other fields or other income sources for the 9 to 12 months it takes to start earning.

 

Add another 2 years to that before you are earning the average national income circa 80k and thats if you do everything right which involves tons of marketing and networking.

If you can stick it out to the 5 year mark then things get interesting.