Small real estate training school (RTO)

Students paying their own fees, agencies paying for new staff, and in some states students using government-funded places if you are approved.

Course fees per student, paid up front or in instalments, plus short upskilling courses for working agents.

• Real estate industry knowledge
• Training and assessing experience
• Administration and compliance record keeping
• Marketing to students and agencies

• RTO registration involves strict standards, application fees and ongoing audits, so check the timeline and costs with the regulator
• Trainers and assessors must meet set qualification requirements, so check these before hiring
• Licensing requirements for agents differ by state and territory, so check your state's regulator
• Check council rules for your premises and public liability insurance
• Workers compensation insurance is needed once you hire, so check your state's scheme
• Student fee protection and refund rules apply, so check the current requirements

Estimates suggest startup costs are typically around $30,000 to $100,000, depending on premises, registration and application fees, trainers and set-up. Check the regulator for current costs and timelines.

RTO registration involves strict standards, application fees and ongoing audits, so check timelines and costs with the regulator. Also check trainer and assessor qualification requirements, student fee protection and refund rules.

Monthly revenue is typically estimated at around $5,000 to $25,000, depending on class sizes, fees and whether agencies or students pay. Expect it to be close to full time, about 30 hours a week or more.