What does an Estate Agent do?
Estate Agents use their knowledge of real estate laws and local areas to sell properties or homes that best fit the budgets and needs of their clients. Working under a Real Estate Broker, an Estate Agent earns a portion of the commission from the sale of a property. Estate Agents often have to travel and work irregular schedules. They may sometimes work on evenings, weekends, Chrsitmas time or on bank holidays, especially when they host open houses or when they meet with clients.
Estate Agent skills and qualifications
A successful Estate Agent candidate stays current with the latest local property listings, market activity and industry news. They have active listening skills and must strive to understand the needs of their clients. They will also have various prerequisite skills and qualifications that typically include:
- Determination, confidence and charisma
- Excellent negotiation skills
- Marketing skills to sell properties at the right price
- Excellent verbal and written communication skills and customer service skills
- Attention to detail and organisation skills
- Proficiency with various computer software and analytics tools
- Attention to detail
- Problem-solving skills
Estate Agent experience requirements
There are no minimum experience requirements for Estate Agents. However, employers prefer candidates with several years of experience working in the real estate industry. Some employers prefer candidates who have experience in sales, customer care or administrative positions. Experience in legal work is a plus.
Estate Agent education and training requirements
There are no minimum education requirements for Estate Agents. However, many employers prefer candidates who have a degree or a higher education diploma in business, marketing or a related field. Some employers prefer candidates who have a degree in civil or structural engineering, estate management, property development or surveying. Candidates with negotiator training certificates are preferable. Some real estate companies may provide in-house training to give candidates an insight into the running of the estate business and the legislation that comes with estate agency work.
Estate Agent salary expectations
According to Indeed Salaries, the average salary for an Estate Agent in the UK is £27,979 per year . Their actual salary varies depending on their experience, education, geographical location and the company.
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