Interested in pursuing a career in NSW’s real estate industry, but not sure where to begin?
Getting the right skills and knowledge through a real estate traineeship in NSW is the best way to learn on the job and get hands-on experience for your future real estate career.
We’ve asked our CEO at Entry Education, Matt, who has worked in vocational education for 25 years across setting up and executing traineeship and on-the-job training programs, to provide some valuable insights on real estate traineeships in NSW. Matt has worked with industry giants such as Toll, WesTrac, Visy, David Jones, Super Retail Group, just to name a few.
What are real estate traineeships?
Real estate traineeships are work-study arrangements where individuals can gain both practical experience and formal training through a registered training organisation.
According to Matt, learning on the job through a traineeship is simply the best education students can undertake. What makes them even better is when these programs are supported by the government to help students and businesses financially invest in best practice learning.
Traineeships in NSW are offered under the NSW Government’s Smart and Skilled program, which provides subsidies for the training courses, helping applicants gain employment and advance in their chosen profession.
There are two available courses for real estate traineeships in NSW:
Certificate IV in Real Estate Practice (CPP41419)
Certificate IV in Finance and Mortgage Broking (FNS40821)
Useful information for applying for a traineeship in NSW
The value of a real estate traineeship in NSW
Traineeships are the best way for individuals new to the complex and competitive real estate industry to obtain the qualifications required and develop the skills to succeed long term in the industry. Combining both learning and hands-on application of the knowledge at work allows trainees to develop skills quickly and apply them in a real-world setting.
Financially, a traineeship is also the most cost-effective way to obtain a Class 2 licence. By selecting a Smart and Skilled funded provider like Entry Education, individuals can study under a fee-free traineeship.
Eligibility for a real estate traineeship in NSW
Here are some factors that determine the eligibility to enrol in this government funded real estate traineeship and mortgage broking traineeship. Applicants must be:
Employed or about to be employed in the relevant industry to their study.
Employed in their current job for less than three months full time or 12 months part time.
New applicants who have not previously completed the qualification.
An Australian citizen, permanent resident or New Zealand citizen who has been in Australia for 6 months or more.
Is there a specific industry demand for real estate and mortgage broking trainees in NSW?
There is huge demand for entry level real estate and mortgage broking employees. Entry works with many of the leading brands in real estate and the leading brand in mortgage broking and is always looking to refer potential students to these businesses for traineeship and entry level opportunities.
What kind of support is there in a traineeship?
Most traineeships offer extensive support for trainees — at Entry Education, we provide all trainees with our highest level of support and service. Trainees enrolled with us will have contact details for senior trainers in Entry Education’s business who will be available on call to assist them. Our trainers take great pride in developing students and are genuinely engaged and interested in the future success of all students. In fact, it is not uncommon for them to provide industry or career advice long after the training has finished.
Useful information for businesses regarding traineeships in NSW
Benefits of traineeships for businesses in NSW
Many of the projects that trainees are required to complete can be done in their workplace in real life situations. What this means is that trainees will work with key people in the business to understand their required roles and responsibilities, equipping them to quickly understand the industry and grow into potential stars of the business. Employers will work with students on projects to assist them to adopt industry best practice for their training and assessment.
Businesses can also benefit from both State and Commonwealth Government Incentives.
Matt shared with us that the commonwealth government incentives will be reviewed by July 1st, 2024 but regardless of the commonwealth government incentive, the state government benefits and funding support ensures this will be the best value opportunity for any employee looking to complete the qualification.
Enrol in a NSW real estate traineeship today with Entry Education
As the largest real estate and mortgage broking course provider in Australia, Entry Education offers real estate and mortgage broking traineeship courses that are eligible under government funding for those looking to get the right training for a successful career in real estate. Enrol with us today!
