Have you considered a career in real estate?
Working in real estate is rewarding, challenging, offers great flexibility and is a career you can start at any age and stage of life. It requires some professional training, a love of property, and strong interpersonal skills.
There are a variety of real estate career paths including real estate sales and property management in residential, commercial and rural areas. There are also opportunities in real estate development, buyer mediation, business mediation and auctioning.
There is currently a strong demand for property in Western Australia and as this demand has increased so has the demand for local property professionals. If you are considering a career in real estate, there are a few important things you should know and understand before you begin.
The Department of Mines, Industry Regulation and Safety (DMIRS) regulates qualifications for employment in the real estate sector and, like REIWA, has a keen interest in maintaining high standards.
The starting point for most real estate careers is working as a registered sales agent or property manager. This includes completing a property registration course with a registered training organization such as REIWA Training, which handles hundreds of new registrations each year.
A real estate seller or real estate manager must be employed by a licensed real estate agent operating an agency. The requirements for a real estate license are more stringent, which is something you should be aware of if you want to be the head of the real estate agency.
To become a licensed agent you must already have completed the Diploma of Property Services (Agency Management) or complete the updated qualification – now called the Diploma of Property (Agency Management) – which can be taken as a self-paced course at REIWA Training.
If you hold only a partial completion of a Certificate IV in Real Estate Practice or a Certificate IV in Real Estate Services (Real Estate), you must complete mandatory gap units through a registered training organization such as REIWA Training before applying for a license with DMIRS.
A required Curtin University qualification in real estate would also meet the educational requirements for licensing as a real estate agent.
Real estate is an exciting and opportunistic industry to work in. If you are thinking of starting a career in real estate, speak to a REIWA Training representative or a local real estate professional who will be more than happy to answer your questions.