Use your people skills to build a dynamic and in-demand new career by studying a real estate course.
After completing a real estate course, you’ll seek employment as a real estate agent or business broker – managing the sale, leasing and management of residential and commercial properties, and organising the sale of businesses. The scope and nature of your duties will depending on the size of the firm you’re working for, and the value of the properties you’re managing – in a larger firm, you may delegate tasks like managing advertising or contractual requirements to another team member, but take on those roles yourself in a smaller firm. Generally, you can expect to perform tasks like:
After completing a real estate course, you may seek employment as a:
You’ll find working in real estate rewarding and satisfying if you:
According to the Australian Government’s Job Outlook, the real estate sector is large and growing. Employing approximately 88,900 people, the sector has grown consistently since 2005, with very high growth over the past two years, and Job Outlook predicts that trend will continue until at least 2020. Job Outlook predicts approximately 10,000 new real estate agents will be needed by 2020, indicating the broad availability of roles in the sector across Australia, and the relative security of employment in real estate roles.
According to PayScale, real estate agents can expect to earn between $32,000 and $80,000 per year, with an average salary of approximately $48,000 per year. Up to half of an agent’s salary may come from bonuses and commissions, in addition to a base rate.
PayScale notes that while earning capacity increases in line with experience over then first 10 years of an agent’s career, earning capacity remains constant from that point on, and falls slightly when an agent has been working for more than 20 years. Entry-level agents can expect to command a competitive salary, with agents who have fewer than five years of experience earning on average $47,000 per year.