Why you should become a real estate agent

An exciting career for those that have the drive to succeed

Being a real estate agent is a fantastic career.  It’s exciting, fast paced and can be very rewarding.  As an agent, you will play a critical role in the biggest decision of most peoples lives!

The great thing about a career in real estate is that it is accessible to anyone with a drive to succeed.  Our students come from backgrounds ranging anywhere from school leaver to retiree.  Our training courses also ensure that success is achievable for everyone who undertakes the course.  By grading our courses based on competency rather than points; everyone can pass once they demonstrate their understanding of the content – regardless of how many attempts this might take!

Once your initial training is complete, you’ll be able to get right to work from day one!  From the beginning, a real estate agent is in charge of their own success.  The rewards generated from the persistence, hard work and determination of the agent are second to none.

As an agent, the variety of work you experience will always keep you interested and challenged.  One day you could focus on handling tough negotiations while the next day could be focused fully on how best present your listings.

If this exciting and rewarding job sounds right for you, enrol with NREL to jump into your real estate career today!

How Much Do Real Estate Agents Earn? | Salary and Commission

Real estate can provide a lucrative income, particularly during boom years. The most successful agents are not only experts in real estate property values but also laws, marketing techniques and social networking. The average real estate agent income varies considerably across Australia, but now is a great time to tap the unlimited potential of this career. According to the Real Estate Institute of Australia (REIA), “Australia’s property industry is emerging as the main driver of economic growth and increased employment.”

How Much Do Real Estate Agents Earn?

Real estate agent salaries vary widely based on experience, location, employer firm and whether they sell residential or commercial properties. Commissions and bonuses can earn some agents up to an additional $80,000 on their annual income.

One of the many benefits of becoming a real estate agent is the ability to work for yourself or seek employment with a firm. Those who are self-employed must pay for several high-priced overhead expenses and real estate agent fees, including licensing, insurance and supplies. Some people opt to work out of their homes or rent office spaces. Each option has its own tax implications and tax benefits, including the ability to claim deductions for mileage and marketing expenses.

About half of all agents choose to work for real estate firms, which often cover many of the associated costs, such as cell phone bills, car allowances and marketing budgets. They also generally provide traditional employment benefits, such as paid holidays, vacation and sick leave. Top-tier firms sometimes offer their most successful agents incentives, such as company automobiles or higher commissions. However, agents must share a portion of their commissions with the agency, which absorbs the up-front costs of selling the property.

Real Estate Agent Commission Rate

Commission rates and final earnings are also influenced by location. The latest data from LocalAgentFinder shows that Tasmania offers the highest rates at 3.26 percent. The lowest rates at 2.07 percent are charged for real estate sales in South Australia. Across the nation, the average commission is 2.22 percent.

The amount of income these commissions generate depends on the final sale price of the property, so it is important to know what real estate prices average in each market. REIA reports that the median home price for the eight capital cities hovered just below $685,000 during the first quarter of 2016. Sydney continues to have the most robust market with the median house price sitting at just under $1 million, providing around $20,000 in commission earnings.

Risk Versus Reward

Real estate agents invest a considerable amount of time into prepping, showing and closing the sale of a property. There is a huge potential for Agents to make a comfortable living. Sometimes, real estate agents offer clients lowered commission rates in order to attract business in a highly competitive market. New regulations were implemented in Australia in December 2014 allowing real estate agents to set their own commission fees. This rate is largely determined by competitors and the current supply and demand of the market. While most agents are paid based on the sale price, some agree to a fixed rate term that allows the client to pay a set dollar amount regardless of the property’s final price. Others offer tiered percentage options that go up if the home sells for more than expected.

How To Become A Real Estate Agent?

This Blog article titled How To Become A Real Estate Agent, is very helpful.

The first step of a career in real estate is obtaining the required qualifications to work in the position you want to apply for. This is a quick summary of what qualifications you need for Coronis positions.