Special offer

Becoming a Real Estate Agent in Victoria : What Do You Need?

By
Education & Training with Property Investment Wise

 

The real estate sector is one of the well-paying careers in the world. However, many would want to try out the real estate agent career, but they do not know where to start. Many would ask, is real estate a good career choice? Well, becoming a real estate agent Victoria has proven itself a worthy field. Breaking into this area, like any other career, is not a walk in the park.

The Required Certifications

 

For you to work in the real estate industry in Victoria, you need first to complete the Agents Representative Certificate. The essence of the course is to introduce prospective real estate agents to the sector and its functionality. For you to be successful in a real estate recruitment, you need to complete the course and pass. With the licensing, you can work in Property Management and Property sales fields.

 

You can as well consider taking an online course from some universities, and TAFEs. For one to commence employment in Victoria as a representative of an agent, the following Business Licensing Authority (BLA) requirements must be met to be a licensed real estate agent.

 

  • Be of 18 years and above.

  • Have a registered address in Victoria.

  • Provide a less-than-six-months old police check.

  • Pass the Agent's Representative course.

  • Confirm your eligibility to practice Real Estate by providing a Statutory Declaration.

 

Entry-Level Jobs in Real Estate

 

In the real estate agent career path, there are two main distinct routes. You can decide to go into Sales. This will present you with positions such as that of a Sales Personal Assistant with a well-established agent. You can also be a Sales Cadet at a well-known agency. These two posts are good places to start your career.

 

If you decide to take the Property Management path, you can start as a Leasing Consultant or an Assistant Property Manager. For most Property Managers, the reception is a common starting point. One benefit of the reception is that you can take your time and evaluate whether Sales or Property Management is your area of interest. This is because you get a complete overview of the Real Estate Office as a receptionist.

 

Starting Remuneration

 

Having met all the BLA's requirements and holding your Agents Representative Certificate, you may be contemplating about your first role in the industry. Unfortunately, the starting salaries in the real estate sector are relatively small. Being conscious of your financial commitments and the expected salary is important.

 

Sales Cadets and Sales Personal Assistants are subjected to a minimum wage in addition to commissions. People in these two positions are usually required to work a minimum of six days a week. For the case of industry-inexperienced Assistant Property Managers and Receptionists, their starting remunerations range from $33,000 - $35,000. They also receive superannuation yearly and are required to work on some Saturdays.

 

Getting a breakthrough in Real Estate and Job Interviews

 

Normally, it is hard to break into new industries without prior experience. Patience and persistence are required to make it through. Facing possible rejections positively is a stepping-stone in the career. The best place to start is searching for online jobs.

Recruitment Companies and Real Estate Agencies are always posting different positions online. For those without experience, applying directly to the Agents looking for staff is a good place to begin rather than using recruiters.

 

After landing your first job, preparing for the job interview is the next step. This can be stressing but with prior preparation, it will turn out successful. It is advisable to study well about the company beforehand. Your interview attire should be corporate as the presentation is crucial in front-facing industries such as Real Estate.

 

With all the documentations and some copies, your portfolio should be organized and presentable. During the interview day, punctuality is of the essence. Always make sure you leave a good impression by positively presenting yourself. Your confidence should be high.

 

However rough it may seem, becoming a real estate agent in Victoria is one of the best paying jobs. Those successful mentors passed through the same path. With perseverance, hard work, and devotion, they became successful. So could you, if you do not dream of being successful overnight. It is a process.

 

Posted by

Joe McCord works at REAA.