a real estate agent at work

How to Become a Property Manager in Queensland – Everything You Need to Know

BY validum

Thinking of starting a career as a Property Manager? Entering a new industry can be daunting, but don’t worry we’ll tell you all you need to know and show you how easy it really is.

Step 1: What is a Property Manager?

So, your friends and family have agreed, you would be a GREAT Property Manager! But what does a Queensland Property Manager do?  A Property Manager looks after all the aspects of property rental for the owners – as a Property Manager you will:

  • Market suitable properties for rent
  • Find suitable tenants to occupy rental properties
  • Prepare rental agreements
  • Liaise with tenants and landlords
  • Conduct property inspections
  • Arrange property repairs
  • Handle landlord and tenant disputes
  • Ensure timely payment of rents
  • Handle all property related correspondence and statements

To excel is Property Management it helps to have following attributes.  How many do you have?

  • Are you a people person?
  • Do you love talking to people over the phone and in person?
  • Do you enjoy being out and about doing property inspections and opens and not just stuck behind a desk all day?
  • Are you a problem solver?
  • Do you enjoy listening to other’s concerns showing empathy and care?
  • Are you dedicated and committed?

If this sounds like you and your dream job, simply follow the next three steps to your dream career!

Step 2: Get your Qualification with Validum Institute

You need to obtain a qualification before you can become Registered to work as a Property Manager.  There are a few different qualifications you can choose depending on what your career goals are.

If you are simply wanting to be Property Manager working for an already existing agency, this entry level course into the industry may be for you:

  • Real Estate Property Manager or Salesperson Registration Certificate Course
    To start a career in real estate in Property Management you need to be Registered with the Queensland Office of Fair Trading with a Real Estate Salesperson Registration Certificate. You will first need to complete your Real Estate Registration Certificate Course with Validum Institute.

If starting your own Property Management Agency or Real Estate Agency with a rent roll is something you are looking at in the future, this may be the course for you:

  • Real Estate Agent Licence Course
    If you wish to become a Licenced Real Estate Agent with the Queensland Office of Fair Trading, allowing you to contract to, or own or manage a real estate agency, you need to first study a Real Estate Agent Licence Course with Validum Institute.

If you are wanting to manage the rental of a whole residential apartment complex and be an onsite manager for the building, this may be the course for you:

  • Resident Letting Agent Course
    A resident letting agent rents out and manages units within a building complex on behalf of the body corporate or owners.  To be a Resident Letting Agent you need to be Licenced with the Queensland Office of Fair Trading.

Validum Institute is your real estate training provider of choice.  With genuine customer service, we offer one-on-one trainer tuition and assessment support combined with a unique learner portal making for easy and interactive real estate learning. Validum Institute will support you every step of your learning journey with personalised feedback throughout your tuition.   Call Validum Institute on (07) 3193 5270 and experience the Validum difference first hand.  You’ll see why our students constantly rate us 5 Star.

Step 3: Apply to the Office of Fair Trading (Queensland) for your Registration Certificate

Once you have completed your real estate qualification with Validum Institute to become a Property Manager, you will then need to apply to the Office of Fair Trading (Queensland) (‘OFT’) for your Registration or Licence to work in the industry.  That is why it’s a good idea to first of all see if you meet the OFTs eligibility and suitability requirements. The OFT is the Governing Regulatory Body who issues real estate and property related Registration Certificates and Licences in each State.

You apply for your Registration Certificate or Licence by following these simple Steps:

  1. Check the OFT site to confirm you meet the eligibility and suitability requirements.
  2. Complete the OFT Registration or Licence Application Form
  3. Attach formal identification with your Application Form
  4. Attach to your Application Form a copy of your course Statement of Attainment from Validum Institute
  5. Include payment of your Registration or Licence fees with your OFT Application Form

It is important to note that It may take between 4 and 6 weeks for the OFT to process your application.

Step 4: Start Your Real Estate Career

Now you’re Registered it’s time to find your dream job!

The good news is that due to the large apartment boom across Queensland –  good property managers are currently in high demand with a shortage in the industry.  So now is a great time to start your new career.

Don’t just sit back and wait for a job to come to you, be proactive. Identify companies you would like to work for and approach them direct.

Demonstrate those great property manager skills you have by calling prospective agencies, talking to them over the phone and in addition go and see them in person. Being personable, dedicated and a problem solver are all good traits to show.

 

One of the most exciting aspects of the real estate industry is the huge opportunity for career progression – you never stop learning, and we’re here to help you make your education count towards a brighter professional future!

Call Validum Institute today on (07) 3193 5270 and talk to one of our career advisors to see what real estate course is right for you.  We’ll be with you every step of the way!

 

 

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