Becoming a Real Estate Agency Principal
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Becoming a Real Estate Agency Principal

Help & advice

Manages the overall activities of a real estate agency. Registration or licensing is required.
Training time 6 months - 1 year
Avg. weekly wage $1,414
Employment prospects Moderate
Employment size 1,400

What does a Real Estate Agency Principal do?

  • accepting and listing properties and businesses for sale and lease, conducting inspections, and advising buyers on the merits of properties and businesses and the terms of sale or lease
  • advising vendors of sales and marketing options such as sale by auction and open house inspections
  • cataloguing and detailing land, buildings and businesses for sale or lease and arranging advertising
  • assessing buyers' needs and locating properties and businesses for their consideration
  • offering valuations and advice for buying and selling properties and businesses, and structuring the terms of settlement
  • collecting and holding rent monies from tenants, and remitting to owner on agreed basis
  • monitoring and addressing non-compliance with terms and conditions of tenancy and pursuing rental arrears
  • developing and implementing business plans, budgets, policies and procedures for the agency

Related courses

Displaying 1 course related to Real Estate Agency Principal.
Government-subsidised training is marked with this symbol