How to Become Property Manager and Real Estate Agent in NSW?

[Deactivated] on 28/05/2023 - 10:46
Last edited 28/05/2023 - 18:29 by 1 other user

I was surprisingly not able to find any page via google. Doesn't seem like there are any info night organised in industry which gives you overview, pathway and study options.

Wondering if there are any real estate agents on ozbargain who can give some info on where to start.

So, obvious question:

A. In order to list on Domain/Real estate, what exact minimum licence do you need?
B. What licence do you need to become prooperty manager i.e. manage for someone else. Where do you study to get that licence?
C. What is pathway to becoming Real Estate agent?
D. What are costs? (study cost, annual costs to keep licence, etc).
E. What are typical institutions people go to study inperson or online?

Above is very basic type info which is typically there in info pack for people looking for career into the industry.

update: thanks for comments from other. found this info so far.. feel free to contribute.

fyi: here is the link to the cource info packs: https://www.reinsw.com.au/Web/Courses/Course-Display.aspx?Ev…

also licence fees:
https://www.fairtrading.nsw.gov.au/help-centre/fees/Property…

Education & Work

Comments

  • randomusername2017 on 28/05/2023 - 10:48
    +4

    Interweb

    • [Deactivated] on 28/05/2023 - 11:09
      -6

      Thanks. I mentioned this already and was not successfull. Did you find any good links that actually answer above questions?

  • jm7 on 28/05/2023 - 10:54
    +1

    Start with agents representative certificate which will allow you to work under someone with a real estate licence. REIV (and the other state equivalents) offer this course.

    • [Deactivated] on 28/05/2023 - 11:55
      -5

      Good to know. What is best way to find this?
      Is it via contacting local agents or is there specific place they advertise like on seek? What is the job title that i would be searching for?

      • jm7 on 28/05/2023 - 13:48

        You need to get this before you can start working for a real estate agent as a property manager; https://www.reinsw.com.au/Web/Courses/Course-Display.aspx?Ev…
        Alternatively, you could look for a reception/admin job at a real estate agency to get some experience and they may sponsor you for your studies. Just be prepared for the very low pay for entry level real estate roles

        • [Deactivated] on 28/05/2023 - 15:15

          thanks

  • mskeggs on 28/05/2023 - 11:16
    +4

    Bottom line is you need to work for an agent to get licensed, there is no academic only pathway.
    https://www.fairtrading.nsw.gov.au/housing-and-property/prop…
    But you can work while you are studying, under supervision.
    Tough time to be entering the industry in my opinion.

    • [Deactivated] on 28/05/2023 - 11:56

      Thanks. that is helpful.

    • kiitos on 29/05/2023 - 10:07

      You time due to the effect of interest rate increases? Prices in Sydney still seem incredible.

      • mskeggs on 29/05/2023 - 10:17

        Prices remain nuts, but to be successful in real estate you need volume of sales, price almost irrelevant.
        All the agents I know are struggling to get new listings and struggling to get buyers to make offers.

  • [Deactivated] on 28/05/2023 - 11:18
    +2

    username does not checkout

  • Drakesy on 28/05/2023 - 12:00
    +20

    Step 1: Check inside of toilet bowl or cereal box for qualification.
    Step 2: Lease an overpriced tax break of a car - usually a Tesla or Mercedes AMG
    Step 3: Smile and act like you're better than everyone because you list something that actually sells itself
    Step 4: Congratulations you're now one of the biggest leaches in society and literally do nothing to value add.

    Rinse and repeat

    • Worf on 28/05/2023 - 16:01
      +6

      Plaster your face all over the neighbourhood.
      Put flyers into people’s letterbox even if they have a ‘no junk mail’ sign.
      When you sell a house, announce it to the world.

    • Ghost47 on 28/05/2023 - 19:44

      You forgot the “Sell your soul to the devil” step.

    • Gunnar on 28/05/2023 - 23:50

      You forgot to add that you need to buy the cheapest suit you can get your hands on. Politix is a good place to start

    • StingyBritches on 29/05/2023 - 07:58

      Step 5: Have thick skin**

      **seems OP has that one covered.

  • Typical16-bitEnjoyer on 28/05/2023 - 12:17
    +20

    Doesn't know how to use google, how to find answers to simple questions and palms off everything to others.

    You definitely have the perquisites for a career in real estate property management.

    • [Deactivated] on 28/05/2023 - 15:15
      -3

      thanks for posting.
      already mentioned around Google. see first comment. feedback on this thread from others has been helpful.

      not sure what point are you making. are you saying these community forums are useless since all information is in Google?

      • Typical16-bitEnjoyer on 29/05/2023 - 07:31
        +1

        Blames others for their shortcomings, gets hostile at the drop of a hat. 5/5 so far.

        You don't need to do a course, you could teach one.

        • [Deactivated] on 29/05/2023 - 10:16
          -1

          I expected to have one troll in this thread.

  • brendanm on 28/05/2023 - 12:53
    +7

    First step is to completely ignore any legislation, pretend you don't know the rules, and try to get tenants to pay for things at the end of the lease that they aren't liable for.

  • AustriaBargain on 28/05/2023 - 14:22
    +1

    First you need to sell your soul to this guy https://en.wikipedia.org/wiki/Devil

  • altomic on 28/05/2023 - 14:23
    +3

    step 1 - buy half a dozen suits from taro cash
    step 2 - buy a 5 year old eurocar - preferably an Audi or BMW.

    • jikijiki on 28/05/2023 - 15:51
      +2

      step 3 - buy the cheapest hair gel (yes gel, not wax or mousse) and get as much on your palm as possible then slick your hair back.

  • [Deactivated] on 28/05/2023 - 18:28
    -1

    thanks good people who helped. i have good idea now.
    fyi: here is the link to the cource info packs: https://www.reinsw.com.au/Web/Courses/Course-Display.aspx?Ev…

    also licence fees:
    https://www.fairtrading.nsw.gov.au/help-centre/fees/Property…

    if someone knows more can post here

  • azonki on 29/05/2023 - 08:55

    Spell check and attention to detail might be a good start.
    Prooperty manager jobs are not that common.

    • randomusername2017 on 29/05/2023 - 14:44

      Niche market handling semi detached outhouses..

  • MrBear on 29/05/2023 - 11:43
    +2
    1. Take a return trip to the 9th level of hell.
    2. Learn to lie to people.
    3. Learn to f**k people over.
    4. Lose weight and wear a slim fitting suit.
    5. Get trendy haircut.
    6. Profit.
    • kiitos on 01/06/2023 - 21:54

      7 Work on that unique REA smile - visualise the smile of a vulture coming across some fresh roadkill.

  • randomusername2017 on 29/05/2023 - 14:43
    +2

    Wondering if there are any real estate agents on ozbargain

    No agents game enough to out themselves yet?

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