Wondering how to become a real estate agent?
Victoria is a great place to become a real estate agent. There are many opportunities for success in this industry, and there are a range of platforms and resources available to help people get started. To become a real estate agent in Victoria, you will need to meet certain qualifications and complete an approved training course. In this blog post, we will outline the steps you need to take to become a real estate agent in Victoria.
To become a real estate agent in Victoria you must meet certain qualifications including:
- Completion of an accredited real estate course and possession of a real estate representative's certificate
- Registration with Consumer Affairs Victoria (CAV)
Completion of an accredited real estate course
The first step to becoming a real estate agent in Victoria is to meet the required qualifications. In order to work as a real estate agent in Victoria, you must be at least 18 years old and have completed year 12 or equivalent. You will also need to complete your Agents Representative Course. This is a compulsory course that covers topics such as real estate law, property management, and agency operations.
The REIV also offers a range of real estate courses that are nationally recognized and fully accredited. These courses include the Certificate III in Property Services (Real Estate), the Diploma of Property Services (Real Estate), and the Advanced Diploma of Property Services (Real Estate). Each of these courses covers different aspects of real estate, so it is important to choose the course that best suits your needs and career goals. You can also complete your Agent's Representative Certificate Course digitally with LinkLearn (https://linklearn.com.au/agents-representative-certificate-course/).
**To become an auctioneer or a real estate business owner you will need to complete additional courses.
Registration with Consumer Affairs Victoria (CAV)
You will need to register with the Victorian real estate industry regulator, Consumer Affairs Victoria (CAV) before officially becoming a real estate agent. Once you have completed your course and are registered with CAV, you will be able to start working as a real estate agent in Victoria.
The REIV has a range of resources available to help agents succeed in this industry, including member magazine, The Australian Property Journal, and our real estate education program, Elevate. The REIV also contains a wealth of information about real estate topics such as property investment and agency management which will help upskill you.
Once you are qualified as a licenced estate agent, it is time to start looking for work experience. Most real estate agents start their careers by working in property management, assistants, or shadow experienced real estate agents as licenced estate agent consultants. This is a great way to learn the ropes of the industry and develop your skillset.
Director Jeremy Fox said he began his real estate career "working in property management" whereby he quickly built up his skills to become a real estate agent. "Because you are dealing with a higher volume of people in property management you learn how to negotiate faster than if you were to work directly as a real estate agent" he recommends that "anyone looking to get into real estate should begin in property management and work their way up from there".
How can you make a name for yourself as a licenced estate agent in a highly competitive market?
There are many ways for real estate agents to make themselves stand out from the competition in this highly saturated market:
- Building a strong network of real estate professionals, clients, and other industry leaders.
- Active promotion of real estate services through marketing and social media.
- Providing excellent customer service that will make clients happy and more likely to recommend you to others.
Firstly, it is important to build a strong network of contacts and relationships with real estate professionals, clients, and other industry leaders. This can be done through attending real estate events, being active on social media, and networking.
Secondly, agents benefit from actively promoting their services through personal marketing and self-promotion on social media. This will help potential clients learn about you, your differentiation in the market and what you can offer them.
Finally, agents should always strive to provide excellent customer service. This will ensure that clients are happy with the services they receive and are more likely to recommend you to their friends and family.
The real estate industry is a competitive but lucrative field. With the right qualifications and experience, you can become a successful Real Estate Agent.
Our teams across Victoria are continually growing and are always on the hunt for new talent to help continue RT Edgar’s success. If you're interested in a career with RT Edgar that is not listed on our careers page, please get in touch with us. We are always looking for talent and would love to hear from you!