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What Does a Real Estate Agent Do? Pay, Licensing and How to Start

5 min readBrett Iredale
What Does a Real Estate Agent Do? Pay, Licensing and How to Start

What does a real estate sales agent really do? Day-to-day work, AU and NZ licensing, real pay figures and how to start a sales career in property.

Ask most people what a real estate agent does and they'll describe Saturday open homes and a smiling photo on a "Sold" sign. That's about 5% of the job. The real work is prospecting, pricing, negotiating, managing nervous vendors and keeping a dozen deals moving at once. It's one of the few careers where you can start with a short course, no degree, and build a genuinely big income on your own effort. It's also one of the toughest, and right now, with Cotality reporting the fastest fall in capital city values in 40 years, it's a great time to see the job as it really is (ABC News, 2 Nov 2026).

Here's my honest guide to the role in Australia and New Zealand.

What a sales agent actually does all day

A residential sales agent's job is to win listings, sell them for the best price the market will pay, and get them to settlement. In practice, a typical week looks something like this.

Mornings are for prospecting: calling past appraisals, following up buyers from last weekend's opens, door knocking around a fresh sale, and checking in with your database. Middays fill up with appraisals and listing presentations, where you're competing with other agents to win a vendor's business. Afternoons and evenings are campaign work: briefing photographers, signing off copy, private inspections, buyer callbacks and weekly vendor reports. Saturdays are open homes and auctions. Once an offer lands, you're negotiating, then working with solicitors or conveyancers, building and pest inspectors and finance brokers until the deal is unconditional and settled.

A recent Sydney ad for a sales associate at a Gordon agency lists exactly this mix: prospecting and cold calls, assisting with appraisals and listing presentations, buyer callbacks, attending opens and auctions, and vendor communication, with Saturdays compulsory (Resolver Recruitment, Sept 2026). That's the job.

The skills that matter

The best agents I've worked with share a handful of traits. They're relentless about follow-up. They're honest about price even when the vendor doesn't want to hear it. They listen more than they talk. They're organised enough to run several campaigns without dropping a ball. And they're resilient, because you'll hear "no" far more often than "yes", especially in a market like this one.

Technology is now a real edge. CRMs, property data platforms and AI tools have changed how quickly a good agent can work. Tools like Grok Bot, Claude or ChatGPT are handy starting points for drafting listing copy, summarising comparable sales for an appraisal, or writing a clear weekly vendor update. They won't build trust with a vendor for you, but they can give you back hours each week to spend on the phone, which is where listings are won.

Licensing in Australia and New Zealand

Real estate is licensed state by state in Australia, and most pathways run through units from the CPP41419 Certificate IV in Real Estate Practice.

In NSW, you start with an assistant agent certificate of registration, which requires completing five specified core units from CPP41419. You then work under a licensee in charge, complete the required logbook tasks, and hold the certificate for at least 12 months before stepping up to a Class 2 licence. The certificate lasts four years and isn't renewable, so it's designed to push you forward (NSW Government). If you later want to run an office or agency, the next step is a full licence, often supported by the CPP51122 Diploma of Property (Agency Management).

Other states have their own versions: agent's representative in Victoria, registration certificates in Queensland, and so on. The rules and course requirements differ, so always check with your state regulator before you enrol.

In New Zealand, the Real Estate Authority requires you to complete the New Zealand Certificate in Real Estate (Salesperson) (Level 4) with an approved provider, be at least 18 and a fit and proper person, then apply through REA's licensee portal. Licensed salespeople work under the supervision of an agent or branch manager (Real Estate Authority).

What does it pay?

This is where real estate is different from almost every other property role. Pay usually starts as a base salary while you learn, then moves to commission-heavy packages as you build your own business.

Some real numbers from current Sydney ads: an Inner West agency is offering a sales associate $65,000 plus commissions, with full training and no real estate experience required (Recon Jobs). The Gordon role above offers $65,000 to $95,000 depending on experience, plus 10% commission on listings and sales you personally generate and 20% on leads from your own network (Resolver Recruitment, Sept 2026). As a general guide, Courses.com.au puts the median full-time real estate agent at about $1,500 a week, or $78,000 a year, before commission (Courses.com.au).

Above that, there's no ceiling, and no floor either. Established agents on retainer-plus-commission or pure commission can earn well into six figures, but income swings with the market. In a year when Cotality estimates sales volumes are 23% below a year ago, that swing is very real. My advice: take a base salary while you build your database, and don't jump to pure commission until you have listings coming in consistently.

Career path

The usual ladder looks like this:

  1. Sales assistant or administrator, learning the systems and the paperwork.
  2. Sales associate or co-agent, supporting a lead agent and starting to generate your own leads.
  3. Sales agent, running your own listings and campaigns.
  4. Senior agent or team leader, often with your own assistant or associate.
  5. Licensee, sales manager or agency principal, running an office or your own brand.

There are plenty of side doors too. Strong agents move into buyer's agency, project and off-the-plan sales, commercial sales and leasing, auctioneering, or property development roles. The negotiation and client skills travel well.

How to get started

Pick your state's entry-level registration and start the course; many agencies will hire you while you're completing it. Look for an agency that genuinely trains and mentors, offers a base salary, and has a clear pathway from associate to agent. Ask in interviews how many associates have become agents there in the last few years. And start your database on day one: every person you meet at an open home is a future client.

A soft market is actually a smart time to start. You'll learn the hard skills without the frenzy, and you'll be ready when buyers come back. If you're ready to take the first step, browse the latest sales and property roles on /jobs.

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