It’s no secret that demand for Queensland property is through the roof, but we’ve noticed the soaring market in the Sunshine State has also created a surge in interest for real estate careers.
The REIQ recently conducted a survey that confirmed a career move to real estate was on the minds of many Queenslanders – with one in three (32%) saying they would consider a career in real estate, feeling it could offer a fulfilling career with promising prospects in the future.
The Office of Fair Trading’s licensing data also supports this trend – in the 2021 calendar year, there was a 31% increase in the number of new property occupation applications received compared to the number received in 2020.
The data reveals that while the overall number of licenses and registrations held in the property industry has been relatively steady for a number of years, in 2021 application numbers, particularly for full real estate agents licenses, began to increase.
As the state’s leading real estate training provider, the REIQ also witnessed a significant increase in course enrolments over the past two years.
So why are Queenslanders being drawn to real estate careers right now?
There are a number of factors that have led to real estate careers being highly visible & desirable at present.
On one hand, we have what’s been coined the ‘great resignation’, with record numbers reportedly quitting their jobs and reassessing what they want out of their career, along with the dawn of a new year causing people to review their options.
No doubt the incredible rate of property growth in Queensland has seen some people lamenting the fact their home made more money than they did over the past year.
Real estate in the limelight
We’ve also seen greater levels of public exposure and interaction with real estate agents due to headline-making property sales growth, as many people have decided to either take advantage of the seller’s market and sell up, or to buy up in order not to miss out.
In Queensland, we’ve been lucky to have relatively few lockdowns compared to southern states, but regardless, our state’s real estate industry has shown Careers proving hot property great resilience and ability to adapt to keep operating throughout, as an essential service with people needing rooves over their heads.
Choice and Flexibility
A career in real estate offers so much more choice than many people first realise.
The first thing most people think it means is residential sales, but that is just one in a multitude of options and avenues where you could take your career.
Getting your real estate qualification opens the door to many sectors including, business broking, property management (commercial & residential), buyers’ agency, auctioneering, business development and corporate support, and, of course, residential & commercial sales.
It offers options for school leavers, with great apprenticeships on offer, or opportunities for those who are on their second or third career change.
Some even decide to get their real estate licence as a side hustle. The good news is that those looking for new roles in real estate are in luck, with the busy market meaning many companies are advertising for more resources to manage the increased workload.
With levels of interest and enquiry for properties at an all-time-high, many agencies are on the lookout for apprentices and additional staff in all fields, but most predominately in corporate support & property management.
It’s also been the instigator for many professionals to upgrade to a full licence & go out on their own–becoming their own boss by establishing their own business.
Getting into real estate requires successful completion of an accredited training course, usually starting with the Registration Course.
For those wanting to open and manage a real estate business, the full Licence Course is available. Successful completion of the educational qualification is followed by an application to the Office of Fair Trading for a government issued certificate or licence.
The REIQ is the peak body for real estate profession and the leading provider of real estate training in Queensland, delivering a broad range of study options.
Courses can be done online and are self-paced, or there are classroom options available for those who like more support and guidance from industry expert tutors.
To find out more, visit REIQ.com and click on “Training”. Antonia Mercorella Real Estate Institute of Queensland CEO