Guides and Tips

Real Estate – is it for you?

Qualifications

Whilst most positions within the real estate sector do not require a university degree / further education, it is essential that you get a real estate license to operate within the industry.

Click your State below to find more information on how to obtain your Real Estate Licence:

• Queensland
• New South Wales
• Victoria

Personality

Real estate is a people industry; therefore, you need to be a people person where you can deal with people from all walks of life, ideally you should be confident without being cocky, can be calm, and possess excellent interpersonal skills. The real estate sector is also a very fast paced sector so being able to time manage is imperative.

Hours

Traditionally real estate agencies are open Monday to Saturday where you are required to work 38 hours a week, but It is a service-based industry and a lot of the time, out of office hours are required. You are mostly dealing with people who work and 90% of the time they will call you when they finish which may be that you have finished for the day.

Salary

Salaries really do depend on your position and which state you work in. To get a more accurate guide of salaries dependant on your role click here:

Pay Scales

The job

Essentially as a Property Manager you are the link between the owner and the tenant, you will liaise with both parties from a mutual standpoint. Some of the duties you will be required to do are:

• Routines – 3 to 4 per year on each property to ensure it is being looked after.
• Entry and exits – Doing a full report on the property prior to the tenant’s entry and a thorough check as they vacate, this is a vital part of the role that can stop matters going to court.
• Maintenance – liaising with tenants and landlords on any maintenance requests.
• Leasing – doing an open home, showing prospective tenants around and leasing the property.
• Administration – general admin and ad hoc details, such as lease renewals etc.

Perks of the job

There are so many perks working within real estate and we know all the above may sound daunting, but if you are able to deal with the above there are many benefits such as:

• Meet lots of new people on a day to day basis from all walks of life
• Its not a traditional office job where you are stuck staring at a screen all day.
• Progression is almost guaranteed if you have the right attitude and work ethic
• The opportunities are endless with which roles you can move into
• You can get some great inside real estate advice on which houses to purchase
• There will always be someone there to help you if you are struggling
• Some roles within real estate can see you earn well over 6 figures