Just having a look at some jobs online, one particular job only accepts candidates who are PSRA Licence eligible. I know that the PSRA is a particular qualification of some sort, but how does one be eligible?
I put this is the property section as it is a sales negotiator position for an estate agency company.
The prsa website is a good place to start
OP that link above is your best bet...I can summarise but there is nothing better than reading the full guide. It sets out clearly what it takes, experience and qualification wise and who and what class should be registered.
Unless you have 3 of the last 5 years working for a registered property service provider you will need a qualification. To my knowledge 2 year cert in either DIT or Tallaght IT will give you the minimum academic requirement. If your not working in property sector only tallaght IT will accept you but you will need to do a minimum number of hours practical experience in a property service provider during your course. Fees of about €3500 per year. Other fees apply when you are registered.
Jaysus the red tape around this is unreal. Why do we insist on keeping people out of work.
It's just insisting people have the correct training and/or experience for the job?
The o/p wants to work as negotiator in an estate agents office when he clearly doesn't know anything about it. Many threads on this forum complain about estate agents and their lack of professionalism. % years ago someone like the o/p could have obtained a licence and could be in business in their own right!
I've been looking into the PRSA license eligibility recently with my girlfirend.
She's keen to work in an estate agents, and is planning on studying at one of the PRSA approved courses. It looks like she'll pick the Masters in Real estate at DIT.
I think we've both found out as much as we could online, but there are some questions I have which I'd like a hand with. We don't actually know anyone in this line of work, so naturally I came to Boards.ie with a few questions.
How difficult are estate agent jobs to get in general, and in the bigger firms (DNG ect.)?
I imagine relevant work experience is highly prized. Is it, or do most people start without it?
How difficult is it to get an internship in a Real estate agency before getting your PRSA?
Are any particular skills/modules prized in prospective applicants?
Is there anything else that she should think about?
Thanks in advance!!
EA here. Ill try my best to answer your questions but it will be from my experience in my area of the country;
How difficult are estate agent jobs to get in general, and in the bigger firms (DNG ect.)? How many to you see advertised? Dublin is a bigger market with more agents so would tend to have more jobs. Smaller towns and cities would be quieter so would have less vacancies. DNG are different as they are a Franchise arrangement (outside of Dublin anyway) so you would be best placed to contact the local offices directly. Having said that, I and most others, would have started off in a role below sales. Perhaps a receptionist, letting agent or property manager. Id advise the same as it allows you to learn the local market without the pressure of targets etc.
I imagine relevant work experience is highly prized. Is it, or do most people start without it? It depends on the advertised role. I work for a large national company and got this job as I was working for a competitor and my employers were looking for experienced. I have seen entry level jobs but VERY rarely. Refer to last point.
How difficult is it to get an internship in a Real estate agency before getting your PRSA? I know it is much easier in the commercial side of the industry. As it is a Masters she is studying, I assume she is leaning that way? I know certainly the SCSI education route provides for it. If it is commercial, I would definitely be more inclined to advise going down the SCSI route.
Are any particular skills/modules prized in prospective applicants? Depends on the role. Obviously, communication skills is super important across the board but personality traits may be valued higher in residential. Also, networking history (memberships of clubs, societies is more valued in residential as it opens up a greater possibility of new business). From a commercial point of view, ability / results in Valuation Modules is hugely important.
Is there anything else that she should think about? Id say her first thing is to think about which discipline she would like to work in. Is she prepared to take two steps back to take one step forward? Is she prepared to work long, sometimes awkward hours? Is she methodical? Is she prepared for everybody to think she is a crook? ;-)
Look, I work in residential and I generally LOVE what I do. I didnt get into this for the money (it can be good but it depends on your pay structure), Im passionate about people and property. Id crash and burn in commercial. Being an EA is (or at least should be) a long term plan. Thankfully, the days of cowboys are generally gone.
That's great information EA, much appreciated.
Two more facts
*She's finished a BA in Geography abroad (She's Dutch) which doesn't meet the PRSA criteria. And she wants to get eligible ASAP so a Masters (1-2 years) beats a Bachelors (3+ years plus additional expenses)
*She's interested in residential only
She could go work in a bar and get the degree, but obviously she'd feel better getting relevant work experience to learn her trade and build up the CV.
The issue as I see it goes like this.
Relevant work experience is valued. Most get this through their SCSI course. She won't as the Msc. doeson't have this. So she would likely be hitting the job market at a disadvantage unless she can find a way to work in a estate agents or something similar before getting the PRSA.
Is there any common work around to this? A way of working in real estate before getting the PRSA?
Thanks again, it's nice to pick someones brain about this!
Maybe getting a commercial internship then transitioning to residential would be a way to?
"Perhaps a receptionist, letting agent or property manager."
Oh and btw maybe I've taken a wrong turn on this. As I understood it anyone in a estate agents office needed a PRSA.
Am I wrong on that? because if I am then things are alot simpler she could just get a foot in the door in that sort of job until she gets the PRSA, then try switch.
Hmm, why does she want to be an EA? Her studies this far dont seem to support a sales orientated job? Does she like sales? Dont forget, an EA is simply a glorified salesperson. ALOT of the same principles apply.
I know there is (or was) an element of the IPAVs residential course that provided for an element of work experience so that is likely the same still. I'm sorry, but it seems to me that your girlfriend will struggle in this without going right to the bottom of the tree. Is she prepared for that?
As to work arounds, yes there are but they all rely on actually working in the industry. As far as I am aware, weekend viewers (handle open viewings on new developments generally) do not have to be licensed but I'm open to correction on that. I really think your girlfriend will have to get qualified and look for entry level jobs, admin, maybe property management (where there seems to be more turnover in staff) and go from there.
She may get lucky but if she is competing with others who are local, have local contacts, experience etc, she really will struggle.
Nope. Only agents. Receptionists, admin etc don't require licenses.
have looked at this a few times, fees here are **** like 1% on sales, not like "million dollar listings" or in the UK,
the hassle of selling a 200k house only to get 2k, sounds like a hard line of work.
One particular area of the requirements i could not get my head around was obtaining the licence through experience. The requirements are -
"the applicant has lawfully engaged in, and for periods amounting together to not less than 3 years of the 5 year period immediately preceding the making of the application, the provision of the property service for which he or she is seeking the licence,"
How can an applicant gain 3 years lawful experience in the provision of the service if they must hold a licence to provide the service from the outset ?