All Topics / The Treasure Chest / Real Estate Courses ?

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  • Profile photo of ArtyArty
    Participant
    @arty
    Join Date: 2003
    Post Count: 884

    [;)]
    Is it worth while looking at “Real Estate” (reality) courses by correspondence ?

    Would this add value to the knowledge needed to make property investing, leasing, etc more productive ?

    If so, does anyone know of a good course (the cheaper the better “got to keep the spending down”, thats one of the rules.)

    [:D]

    Regards,
    Arty.

    [:)]
    “Why work to the age where you cant enjoy
    what you have worked for !.” (Author: Me)

    Profile photo of MobileMortgage3MobileMortgage3
    Member
    @mobilemortgage3
    Join Date: 2003
    Post Count: 21

    Hi Arty,
    I think doing a R,EsTate course is a very good idea if you want to widen your knowledge in the world of property investing.
    I did the Real Estate Agents Representative course a while back for this very same reason,
    I did the course off campus through TAFE,The cost was about $350.00,
    A cheaper alternative may be reading one of Neil Jennmans books, The book i read(real estate mistakes) I think thats the title, gave some invaluble insights in regards to real estate practices,
    Armed with this knowledge can come in very handy when buying or selling, [:)]
    Regards MM.

    Mobile Mortgage
    [email protected]
    Phone 0402483216

    Profile photo of ArtyArty
    Participant
    @arty
    Join Date: 2003
    Post Count: 884

    MM thanks for that.

    $350 isnt much to pay, I’ll have a look around the TAFE web sites.

    It would be worth knowing what all the legal stuff is all about, and contracts, etc..

    [^]

    Regards,
    Arty.

    [:)]
    “Why work to the age where you cant enjoy
    what you have worked for !.” (Author: Me)

    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781

    I did the TAFE course and have an altogether different opinion. The difference may well just have been my TAFE though.

    Email me before you sign up for anything.

    Cheers,

    Simon Macks
    Mortgage Hunter
    [email protected]
    0425 228 985

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213

    What you really want is the full licence. Then you can open your own agency. To get this you must do the full course which is 4 years with TAFE (part time) or 7-12 weeks with a private fee paying institute (cost about $4000 to $5000). I think you also need 2 years experience working in the industry too (NSW the rules changed recetnly).

    Terryw
    Discover Home Loans
    North Sydney
    [email protected]

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of ArtyArty
    Participant
    @arty
    Join Date: 2003
    Post Count: 884

    Terry,

    If Agents need a full licence to operate an office. Why wouldnt Property Investors need one too ? Investors would buy/sell property, lease to tenants, do lease options/wraps, etc.

    What additional powers would a fully licenced Agent be able to do ?
    [?]

    Regards,
    Arty.

    [:)]
    “Why work to the age where you cant enjoy
    what you have worked for !.” (Author: Me)

    Profile photo of loressloress
    Member
    @loress
    Join Date: 2003
    Post Count: 21

    “…Would this add value to the knowledge needed to make property investing, leasing, etc more productive ?”

    Excellent question Arty

    I’m re-reading Rich Dad at the moment and Robert says “it is not gambling if you know what you’re doing. It is gambling if you’re just throwing money into a deal and praying. The idea in anything is to use your technical knowledge, wisdom and love of the game to cut the odds down to lower the risk. Of course, there is always a risk. It is financial intelligence that improves the odds. Thus, what is risky for one person is less risky to someone else. That is the primary reason I constantly encourage people to invest more in their financial education than in the stock, real estate or other markets. The smarter you are, the better chance you have of beating the odds.”

    I have a favourite saying I use in training all the time: “what you don’t know you don’t go looking for” oh and another favourite… “if you need to visit the rest rooms, please make sure you come back” – I’ve got to get out more [:P]

    Jen

    Profile photo of MilkmanMilkman
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    @milkman
    Join Date: 2003
    Post Count: 22

    Arty,

    If you find a good one (correspondance), can you let us know by posting it?[:)]

    Certainly if it gives you even a limited insight into the industry (other than personal experience) I think it will be worthwhile.

    Ciao.

    Profile photo of ArtyArty
    Participant
    @arty
    Join Date: 2003
    Post Count: 884

    Milkman.. I will post it.

    Even its not the full licence, It would be good to know the steps from start to finish, and what legal documents are required for a property transaction…
    [:D]

    Regards,
    Arty.

    [:)]
    “Why work to the age where you cant enjoy
    what you have worked for !.” (Author: Me)

    Profile photo of MilkmanMilkman
    Member
    @milkman
    Join Date: 2003
    Post Count: 22

    Arty,

    Thanks……..and the cost would probably be tax deductable too….[;)]

    Profile photo of ArtyArty
    Participant
    @arty
    Join Date: 2003
    Post Count: 884

    Milkman…

    There is a course search field at TAFEs web site:
    http://www.tafe.vic.gov.au/

    (sorry for the formatting here, I just cut and pasted from the web page.)


    [8D]

    Real Estate for Agents’ Representatives
    Description: The course provides the basic knowledge and skill required to work as an agents representative. This knowledge and skill includes an…
    Subjects: Real Estate Industry Overview; Introduction to Sales;…
    Job Outcomes: Real Estate Salesperson

    Certificate III in Property – Real Estate
    Description: This qualification forms part of the Property Development and Management Training Package and provides training in the area of real…
    Subjects: Core: Maintain Agency/Client Relationship; Respond To…
    Job Outcomes: Real Estate Salesperson

    Certificate III in Property Services – Real Estate Operations
    Description: This course aims to provide training in real estate sales consulting and property management.
    Subjects: Real Estate Industry Overview; Workteam Communication;…
    Job Outcomes: Real Estate Salesperson

    Certificate IV in Business – Estate Agency Practice
    Description: On completion of the course the learner will have acquired the knowledge and skill required to operate as a licensed estate agent,…
    Subjects: Real Estate Industry Overview; Introduction to Sales;…
    Job Outcomes: Real Estate Salesperson

    Certificate IV in Property Services – Real Estate Operations
    Description: This is an on-the-job training program designed for those new to real estate.
    Subjects: Real Estate Overview; Team Communication; Team Work; Property …
    Job Outcomes: Real Estate Salesperson

    Certificate IV in Property Services – Real Estate Operations
    Description: This is an on-the-job training program designed for those new to real estate.
    Subjects: Real Estate Overview; Team Communication; Team Work; Property …
    Job Outcomes: Real Estate Salesperson

    Regards,
    Arty.

    [:)]
    “Why work to the age where you cant enjoy
    what you have worked for !.” (Author: Me)

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