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Frequently Asked Questions
When you study real estate and property management, you’ll help people make one of the biggest decisions of their lives. Whether it’s buying a home to raise a family in, an investment property to secure their financial future or building a portfolio of property wealth - your expertise counts. And in property management, you’ll protect these investments.
You can work for an agency, but often you are your own boss working as an independent contractor so you’ll have career flexibility. The market is constantly changing, so no two days will be the same as your develop your networks, maximise your earning potential and market yourself to the world.
Learn how to become a real estate agent in Australia or how to become a property manager with a TAFE NSW real estate agent course.
From short courses through to the Certificate IV in Real Estate Practice, the Diploma of Property Services (Agency Management), the Advanced Diploma of Conveyancing and the Bachelor of Property Valuation we’ve got you covered.
Real estate is a highly regulated professional, to obtain your real estate agent license you need have held a Certificate of Registration for 12 months and completed the class 2 licence work experience requirements during that period.
In the Certificate IV in Real Estate Practice, our real estate agent licence course, you will learn to provide advice to lessors, tenants, vendors and buyers on the sale, purchase or lease of commercial or residential property. This also includes stock and station.
In the Diploma of Property Services (Agency Management), you’ll learn to manage a real estate agency, control trust accounts and tenancy agreements and manage agency finances, budgets and payroll. This course fulfils the education requirement for a Class 1 Real Estate Licence.
Graduates of our real estate agent courses can go on to exciting careers as:
- Property Officer
- Property portfolio officers
- Property Manager
- Portfolio manager
- Property Development Manager
- Assistant sales person
- Licenced sales person
- Sales assistant
- Personal assistant
To apply for a certificate of registration as an assistant real estate agent (previously known as real estate agent salesperson), you need to complete the core units of the Certificate IV in Real Estate Practice. This is the starting point to becoming an agent in the real estate and property industry.
To become a licenced real estate agent you will need to complete the remaining units of the Certificate IV in Real Estate Practice, have completed 12 month work experience and the class 2 agent work experience requirement set out by NSW Fair Trading.
Real estate agency principals need to hold a Licensee in Charge (class 1) licence as well as hold the Diploma of Property Services (Agency Management). They must have at least 2 years industry experience and completed the work experience requirements set out by NSW Fair Trading.
All assistant agents, class1 agents and class 2 agent must complete their relevant annual continuing professional development.
Since March 2020, there have been significant changes in the industry. There are now three licence categories – real estate agent, stock and station agent and strata.
Growing populations, government incentives, rates of urbanisation and low interest rates on mortgages over the last five years have encouraged people to snap up property.
This has continued to create employment opportunities in the real estate and property management industry1 which is forecast to generate $29.7 billion in revenue to 2024/25.
Real estate agents also need to be across emerging technologies, as Building Information Modelling (BIM) and drone technology become more prevalent in marketing campaigns and buyer expectations evolve2.
1 Youren, M 2019, Real Estate Services in Australia, IBISWorld Industry Report L6720, July 2019, pp. 7, 8.
2 Artibus Innovation 2019, ‘Property Services IRC Skills Forecast and Proposed Schedule of Work’, pp. 15, 23, March 2019, link
Course Guide - Property Services
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What job opportunities could a real estate or property services course lead to?
A real estate or property services course can lead to a number of job opportunities, from owning a real estate agency to hitting the hammer as a property auctioneer.
TAFE NSW courses in this area include:
- Property services
- Surveying and spatial information services
- Strata/community title registered manager
- Strata management
- Social housing
Our real estate course durations vary, from four months to three years, depending on your study purposes and career goals. Qualifications in real estate can lead to jobs like:
- Land economist
- Value professional
- Property manager
- Real estate agent
The average salary for a real estate agent is $1,161 per week. Real estate agents are expected to be able to present themselves and their properties with key selling attributes. To become a real estate agent, you will also need to complete a relevant qualification such as Certificate IV in Real Estate Practice or Diploma of Property Services.
Whether you're just starting out in your real estate career, want to gain more qualifications, add to your previous experience, or simply want to broaden your horizons, TAFE NSW offer a wide variety of courses, at a level to suit you.