5 Reasons To Become a Real Estate Agent for a Bright Future

As Australians, we are extremely blessed when it comes to the opportunities afforded to us. We have our pick of a huge number of careers paths and you might even say we’re spoilt for choice in many respects. That’s why it’s always helpful to hear about the difficulties, challenges and benefits of certain jobs, particularly if you’re looking to enter the work force soon and wondering what your options are. The real estate industry is something that many people consider and provides a strong lifelong career option. 

Let’s take a look at the reasons why.

You Can Become Qualified in A Very Short Time

Training courses are offered by various universities and institutions, and they vary in length. While you’re probably better off investing in a longish course to learn all the nuances of the industry and tricks of the trade, you can get yourself educated and undertake no experience Real Estate Licensing Course within a matter of days.

You Are Helping People Achieve Their Goals

 

In nearly all jobs you are providing a service for somebody else, but it’s only in a select few that you can see the joy that you bring the person first-hand. When you become someone’s real estate agent you are essentially working with them to achieve something. The experience of helping them make this happen is one of the most rewarding things you can get out of any job.

It Can Earn You A High Salary

There is no doubt that the real estate industry is very lucrative, however like all careers this requires that you excel in your field. Many real estate agents work as independent contractors and if they are able to handle all aspects of the business including marketing, networking and delivering value to customers the financial rewards can be enormous.

One of the best things about a job in real estate is that you can track your own success and see how far you’ve come. In dollar amounts, you’ll notice a stark difference between your first few sales compared to those you’re making within 12 months or more.

You’re Dealing With People

 

Being a real estate is obviously about selling houses, which requires a range of different skills including knowing the market, researching current trends and negotiating effectively.

However, ultimately the real estate trade is about dealing with people and managing

expectations. What this means is that you’ll come into contact with all kinds of people from one day to the next; a good real estate agent needs to be able to deal with many different personality types efficiently.

There is Always Demand for Your Services

As you are no doubt aware, the property market experiences many rises and falls, so it might initially seem that demand for real estate agents come and go. However, despite the way this aspect of the economy works, the need for real estate agents is more or less steady when compared with other professions. Regardless of what the market is doing, there are always that need to sell their home. Compared to say, retail industries, which tend to be effected to a greater extent.

If you have any interest in getting yourself educated and starting a career in the real estate trade, contact the team at REET in Sydney today. We provide a range of courses and flexible study options for all. Please visit our website at reet.net.au or call us for more information.

The Effectiveness of Online Real Estate University Courses

In recent years, the growth of the real estate sector in Australia has been boosted by a strong housing market, along with a stronger dollar. This has meant that it now really pays to be in the real estate business, and with the government giving out financial aid and support to those wishing to become estate agents, the shortage in the industry has meant average earnings in this sector have soared.

But apart from the necessary qualifications and certification training that it takes to become a licensed real estate agent or one of the associated positions in the industry, how effective are the online real estate university courses available to those wishing to take up a position in real estate? We have already discussed about free online real estate courses for real estate agents in one of our previous post. Today we will try to focus the effectiveness online real estate university courses in detail.

On the Path to Success

Source: www.lisalarter.com

Many professionals in the industry will advise that online courses set you on the right path to getting all of the information necessary to becoming an estate agent, as well as offering a great stepping stone to starting positions related to real estate. Many courses offered relate to sales and marketing and allow for students to get a picture of the type of strategies involved.

These sales and marketing strategies dealt with in these online courses set those wishing to become a fully-fledged real estate agent up to help deal with some of the later tests and accreditation involved with passing your final accreditation. This information alone is a powerful tool in helping boost confidence, as well as technical knowledge of the industry and what to expect.

Necessary Qualification Requirements

Source: info.nationalcorp.com

Many of the online courses are helpful in getting students the qualification requirements to pass the advanced tests, and are necessary to aid in the advancement of knowledge of the industry. These courses can of course be taken at a regular university, so for those stuck at work and have no spare time to take a trip to their local university, an online course is preferable to a physical location.

Many people are changing vocations due to the increasing salary and work ethics of the real estate agency. Unlike many other professions, real estate gives you huge potential to advance your career up from a junior in a large agency, to creating and building your very own estate agency in a relatively short amount of time. In this aspect, real estate has become part of the “Australian Dream”, with a truly viable chance of owning your own business.

Market Yourself and Your Business Like a Pro

Source: getentrepreneurial.com

Marketing courses cover a wide range of topics associated with real estate, but offer the general principal around how to market your businesses, how to market yourself as a salesperson, as well as offering help on how to deal with promotions, offers and special deals and negotiations.

Whilst the majority of these courses may sound like a false hope, the qualifications that you will obtain after passing the examinations are real, quantifiable and help towards your full education as a real estate agent.

The people who pass the full accreditation tests with flying colours after starting with an online course say that the real estate training courses online have helped them absorb more information and get to grips with the industry faster and more in depth than would have previously been possible without the course.

The Obvious Reasons To Hire A Professional Real Estate Agent

For various reasons, it is generally advisable to go through an agent if you’re selling a property. While the economy is picking up and the demand for property is rising constantly, it arguably still a buyer’s market and any leg up you can have over your competition is valuable. A professional real estate agent can give your property the exposure it needs and knows all the tricks get the house sold for a higher price. The statistics show that getting an agent is cost effective given the money, time and energy you’d otherwise spend on selling the house. Other reasons to go with a real estate agent include:

• Chances are your real estate agent has a lot more experience and knowledge than you about how best to sell a property.
• Your real estate agent will have the contacts that can provide services that will help get your home sold.
• Your real estate agent will handle the paperwork. This task alone could take you tens of hours if you choose to go at it alone.
• A real estate agent can help you ideas on what to expect in terms of selling price with respect to market conditions, the neighbourhood you’re in, etc.

Despite the many advantages that come with hiring a professional real estate agent, there are certainly some agents in the market that use undesirable tactics and possibly take advantage of their clients for their own gain. Obviously these are the one you want to be avoiding.
It’s definitely worth doing some homework when it comes to find a real estate agent, follow these tips and you’ll have the best chance of getting an agent you can trust. It’s just not worth taking chances!

Do some research online about a particular agent and if you’re impressed with their online reputation, contact them and make an appointment for a chat. It’s then about sussing them out and getting a feel for how they operate and how successful they are.While reading the profile of a particular candidate check if they have a sound educational background as well.This is important because  having a relevant degree means the candidate have in depth knowledge about the subject. There are a lot of reputed education institutes exists who provide real estate and property management training courses. If your prospective candidate have a degree from any of these reputated institutes, shortlist them.

• Ask how many properties they’ve sold in the past year and how long they’ve been in the industry. You  obviously want someone with good experience.
• Find out as much as you can about their marketing strategy. In the initial consultation they’re not likely to give too much away but they should provide you with a general idea. Nowadays it’s all about the online marketing, with around 95% of buyers finding their home on the net.
• If you ask how much your property is worth, or how much the prospective agent would expect to sell the property for, you won’t always get an honest answer. Some agents will tell you anything to get your business, while honest ones that tell you the truth might not be as appealing because they aren’t claiming they’ll fetch as high a price. Be wary of this and realise that the good, honest real estate agents are your best bet in the long run. After all, it’s in their best interests to sell the property for the highest price they can and quoting you a price that is un-achievable is only going to set you up for disappointment.
• Ask for testimonials. If they’ve been in the industry for a reasonable amount of time they should have a bunch online, but you can’t always trust what you read on the internet. Seeing a real testimonial or even contacting someone that has worked with the agent in the past will give you further insight.

Following these tips will give you every chance of choosing the right real estate agent. Be careful and don’t rush your decision because hiring someone that is untrustworthy can be more trouble than it’s worth.

Learn the Requirements of How to Start In Real Estate in Your Area

Whilst business is currently booming in the real estate sector, now would be the ideal time to learn how to get ahead of the curve when it comes to starting your own real estate business. If you think you have what it takes to buy and sell properties, then with a few simple steps you can soon acquire your license in no time at all.

With hard work and preparation you can succeed to create your own profitable business, so knowing the initial requirements to get yourself fully licenced is where you need to start. You will first need to find a real estate licensing course to gain the Certificate IV in Property Services which is the qualification as prescribed by the BLA (Business Learning Academy) a division of Consumer Affairs in the state of Victoria and is needed as the educational qualifier to apply for a real estate license in the state of Victoria.

In addition to this qualification requirement, the Business Learning Academy also requires you to provide evidence of 12 months’ experience in working with an officially registered agents’ representative. This work experience is not only necessary to achieve the qualification you desire, but will also help give you priceless knowledge of the job inside and out when working as a representative.

A real estate license course compromises of up to 24 units of learning in total and encompasses a huge range of topics from business practises to ethics and customer relationships. The first week will comprise of the Agents Representative Course. This initial course will be available to complete either prior to or even at the very beginning of the licensing course.

The majority of licensing courses that are available offer you a chance to learn at a comfortable pace for you, including time frames and course study dates. With each unit scheduled to be taken place every six to eight weeks, you can in fact choose how long you want to take the licensing course, up to a maximum of 12 months. This is of great benefit to those who are elsewhere employed.

The fees and prices associated with taking the real estate agents licensing course may depend on which state and which education institution you choose. Whilst prices may vary state to state, in general the average fee is $6 - $8k. Help with fees may be available, due to real estate being one of the sectors in which the government is looking to invest in.

When wondering how to start in real estate you should also consider becoming a member of a real estate association will further help your business start-up and may improve your prospects for growth. As client relationships and face time with customer’s plays a huge role in your business, potential partners are always a welcome addition.

Once you have completed your training and have acquired the necessary licensing to start your own real estate agency, put that effort back into the business and prepare for the hard work to start. Many small real estate business owners see rapid growth in this current climate of high property turnover, so invest back into your business and you will be on your way to further success.

A Career in Real Estate - What to Expect

Being on the other side of a sizeable recession, real estate is becoming one of the fastest growing industries in the country. The housing market is beginning to correct itself and with the big five cities attracting people from all over the world, a real estate certificate of registration is your key to a brighter future.

Government Subsidies

The government is subsidising real estate courses to help people kick-start their career. With a distinct need for more players in the market thanks to the recent boom in real estate, you can be sure to find a great career path set out for you to grow and make achievements. The government future fund exists to help growing sectors in the country to help achieve growth and further the education of citizens. With a growing real estate sector currently booming, funding is available for you to gain standard Real Estate Certificate of Registration.

Whilst traineeships are a great way to get a head start in the real estate sector, government accredited certificates are available that can further boost your foray into the real estate sector. By taking advantage of these government funded courses, you will be able to skip the often difficult step of finding the funds to change careers, as well as giving you the opportunity as a student to start your path.

Once accreditation has been given and you have achieved your real estate certificate of registration, you will be able to join one of the many real estate agencies across the country. You can expect to start out with a small portfolio if you choose to work for a real estate agency. By gaining the knowledge and experience on the job, you can look forward to selling and handling bonuses as well as a greater knowledge of the sector as a whole.

Commissions

With many agencies offering on a sales bonus and commission based pay with a base salary, you can expect to grow your net income with the sales that you make. Creating a great portfolio is one of the necessary skills in forwarding your career in real estate, and by choosing the right properties and the right time to sell them being fundamental to your career; you will be able to grow your portfolio based on the types of properties you may specialise in.

So with a great opportunity to work in real estate; starting from finding funding to achieve your accreditation, right through to the many booming estate agencies that you will be working with, this current climate is perfect for any aspiring property salespersons with a keen eye. By choosing to specialise in a specific field you can further your portfolio and grow your career year by year.

The real estate certificate of registration is your path to success and can be the start of something big. So if a big change is needed, why not look into applying for government funding to get you started on that path to becoming a real estate agent and reap the rewards and bonuses that are waiting for you to enjoy.

Real Estate Licensing and Certification from a Qualified and Registered Training Organisation

Real estate agents need a lot of specialized knowledge. If you’re thinking about becoming a real estate agent, you’ll need to know how to buy, sell, rent, and manage property. As an agent, you could sell homes to clients, manage properties for a landlord, or work with sellers and tenants. 

To safely manage property, you can’t just know about buying and selling prices and techniques, you also have to be aware of the legal ins and outs to protect yourself from liability.

A real estate license is the minimum requirement for legally working as a real estate agent in Australia. Though you may already have experience as an agents’ representative, you’ll need a license to graduate to the next level and become an agent yourself. Working real estate agents are also required to take Continuing Professional Development or real estate CPD courses in order to maintain their professional knowledge. Higher tier agencies might ask that you take additional courses or acquire other licenses before working for them.

Regional Licensing Rules

Each Australian state and territory requires different levels of licensing to work in real estate. In NSW, the Office of Fair Trading (OFT) requires you to get a license and certificate of registration before beginning work as a real estate agent. To obtain your license, you’ll have to take a course from a registered licensing body. 



 

This course will help you with knowledge about legal and ethical requirements of property management and property sales. You’ll also learn about working in the real estate industry, how to read legal information and minimize risk for yourself and your client. 

The course will help you get the CPP40307- Certificate IV in Property Services, which you’ll need to get your real estate license.

Paying for Classes

The Government Option In some situations, the government will pay for your entire real estate license course. If you are the employee of a real estate agency, you may have access to this reimbursement. If you’re a fairly recent employee (less than three months full time or six months part time), the NSW state government can cover most of the cost of your real estate license course or the enrollment fee (up to $2900). 



 

The Federal Government offers an incentive of up to $4000 dollars to employers who put their employees through training course. If you’ve been employed for more than three months full time or six months part time, you do not qualify for the NSW state government coverage, but the federal government incentive may still be awarded to your employer.

What to Look for in a Course Provider

 

Make sure that the real estate training course provider is a Registered Training Organization (RTO). The Australian Skills Quality Authority (ASQA) regulates real estate license courses to prevent fraud, so be sure that your course provider has their approval. If you plan to use government funding to pay for your course, make sure your RTO has experience working with employers to cover the cost of training. 



 

Courses taught by practicing, licensed real estate agents are best, because they will focus on the knowledge you truly need. Some real estate license courses involve in-person training, while others can be completed online. 

The best courses use a combination of these two teaching techniques, letting you get hands-on experience but allowing you to work by yourself so that it doesn’t take as long to complete. 

Find a course that fits your schedule so that you can be sure to complete it and move forward in your career.