How to start a real estate firm in Australia

Obtain a real estate licence. 

In order to operate as a real estate agent in Australia, you must first obtain a licence from the relevant state or territory’s regulatory body. This typically involves completing a course and passing an exam.

Choose a business structure.

There are several options for structuring your real estate firm, including sole proprietorship, partnership, and corporation. Consider factors such as liability, taxation, and your long-term goals when deciding which structure is best for you.

Create a business plan. 

A solid business plan will help you map out your goals, target market, and financial projections. It’s important to be realistic and thorough in your planning, as this will help guide your decisions and ensure your business is set up for success.

Invest in property management software.

Managing a real estate firm can be a time-consuming and complex task, which is where property management software comes in. A comprehensive software package like IREOne Start-Up Package can help you streamline your operations and keep your business running smoothly.

Market your business.

Once your business is up and running, it’s important to get the word out and attract clients. Consider using a combination of traditional marketing techniques (such as print and radio ads) and online marketing strategies (such as social media and email marketing).

Starting a real estate firm in Australia requires careful planning, dedication, and the right tools and resources. If you’re ready to take the next step and book a demo of IREOne’s property technology software, just fill out the form below. Our team will be in touch to discuss your needs and how we can help you succeed in the exciting world of real estate.