Real Estate Sales Representatives & Property Managers
Note: Completion of a TAFE SA course does not guarantee an employment outcome. Formal requirements other than educational qualifications (eg licensing, professional registration), may apply to some occupations.
||Openings 5 years to November 2018: 25,001 to 50,000
||Median weekly earnings: $1001 to $1200 to Source: Australian Government Department of Employment 2014
||Thinking of buying or renting a house? If so, you will probably have to call upon the expertise of a Registered Land Agent, Sales representative or Property manager.
There are currently over 4,000 real estate associate professionals employed in South Australia. Employment is largely full-time and most work in the property and business services industry. Persons employed in this occupation are equally split between male and female and most are employed in the Adelaide metropolitan area. This industry employs people across a range of age groups.
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Real estate sales representatives arrange the sale and/or lease of property. A real estate agent carries out a similar function but in a managerial capacity. Property managers provide services in residential and/or commercial leasing.
Of those currently employed 29% have either Certificate III or Certificate IV; 12% have Bachelor Degrees; 16% have Advanced Diplomas or Diplomas; and 29% have no post school qualification. In order for you to have the best possible chance of finding employment it is recommended that you gain the available qualifications.
TAFE SA offers the Advanced Diploma of Conveyancing.
Still unsure? Then try a short course also offered through TAFE SA such as the Real Estate Property Management or Introduction to Property Conveyancing. Check the website for the full list of courses offered.
The property market is a dynamic environment. and currently there are employment opportunities. Demand in the industry may be dependent on the state of the economy and interest rates.
Currently, there is steady employment opportunities for real estate agents, salespersons and property managers. Demand for all real estate workers is cyclical and is heavily dependent on the state of the economy and the level of interest rates. General activity in the building and construction industry also affects demand for real estate workers. If no residential houses or commercial buildings are being built or being offered for sale, then demand will drop. As graduates in land valuation must undertake two years of practical experience with a licensed land valuer, employment opportunities are dependent on the willingness of such professionals to take them on as trainees.
Nature of the Job
Once an authority to sell is signed, real estate salespersons will attend to all details agreed with the client. They will market the property, and use their skills during viewings of the property to answer all questions and to promote its best features. There are legal obligations for a real estate salesperson to be appropriately trained and registered, and to abide by the Code of Conduct and other requirements of the Real Estate and Business Agents Supervisory Board. In some states a real estate salesperson does not receive a set salary but receives a percentage of the selling price, known as a commission. They constantly work at building their client base, through door knocking, letter drops and networking through friends and previous clients.
Typical Physical Working Environment
Usually office based commercial business environment.
Typical Occupational Example
Personal presentation and communication skills are important. While it may take time to develop a client base and to become recognised in the industry, persistence and diligence will prove to be rewarding. There are other related occupations, such as being a land valuer, that may interest you.
For further information about all TAFE SA Courses, phone 1800 882 661 or enquire online