The real estate industry is booming in Australia and if you are Thinking about how to become a real estate agent in Australia, now is the time to act. With property prices at unprecedented highs and buyer enthusiasm shaking the rafters, the real estate industry with opportunity.
Before you can embark on your new career, however, there are a number of assessments that need to be completed with a registered training organisation before you can earn your qualification, and begin working as a real estate agent in Australia.
As the leading provider of real estate courses in Victoria, ICV makes the process of becoming a real estate agent as accessible and straightforward as possible.
Before we jump into the specific requirements for each state to become a real estate agent, let’s start by going through your potential future working environment.
Steps To Become a Real Estate Agent
Becoming a real estate agent requires property industry experience, training, and licensing. Follow these steps to start working as a real estate agent:
- Meet the minimum age and character requirements
Handling property is a serious responsibility, so real estate agents must be at least 18 years of age and of good character. If you are not yet 18, working as a receptionist in a real estate agency can teach you about the industry. It will also help you make contacts before you can pursue a career as a real estate agent.
- Earn a real estate qualification
Completing work experience helps you enroll in a real estate course. These courses teach you what you need to know about working as a real estate agent and earning your real estate licence.
Victoria: Certificate IV in Real Estate Practice
Get your qualifications from a registered training organisation, such as TAFE, the Australian Institute of Workplace Training, or Property Training Australia. These are nationally recognized training providers, so their qualifications will help you work as a real estate agent anywhere. Many training institutions have online study options as well as traditional classroom instruction. Completing these courses takes approximately one year.
- Complete work experience in the real estate industry
In the Australian Capital Territory, Western Australia, Tasmania, Victoria, and New South Wales, aspiring real estate agents must work full-time within the real estate industry for one or two years before applying for their real estate licence. While you are studying or after graduating, you might work in one of these roles:
Agent’s representative
Property Manager
Property representative
Assistant agent in real estate, sales, and leasing
- Obtain your real estate licence or registration
You must obtain a real estate licence or registration to become a real estate agent. Licensing and registration requirements vary between states and territories, but real estate qualifications from a registered training school are always essential. You will also need to submit identification, such as a copy of your birth certificate or passport, to your local state or territory government, either online or in person.
- Join a professional Training organisation and participate in its enterprises
The best real estate agents continue learning through their careers. Joining a professional organisation, such as the National Real Estate Association or the Real Estate Institute of Australia, is one of the best ways to access ongoing educational opportunities.
Average Salary of a Real Estate Agent
The national average salary of a real estate agent is $120,847 per year, according to Indeed’s salary guide. Yearly income can vary conditional on a real estate agent’s experience and location. Real estate agents in the following states and areas all earn more than the national average:
- Australian Capital Territory: $250,000 per year
- Northern Territory: $250,000 per year
- Tasmania: $250,000 per year
- Western Australia: $214,693 per year
- South Australia: $213,717 per year
- Queensland: $210,209 per year
- Victoria: $144,301 per year
Start your career now
Are you ready to get started? Being a successful and popular real estate salesperson, or land agent, is a great career – one that can give back all you put into it.
Well, we have news. You can start your new career right here now!
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