Wednesday, October 26, 2011

Do you Know What Your Real Estate Job Describtion

 is?

By Len Dietrich


Real Estate Job Description

A real estate job description could surprise some people who want to be real estate agents as many people think it is just a matter of listing and selling property. In essence there is a lot more to selling real estate than just listing and selling.

In the real world of being a real estate agent a person has to build a referral base and to do this it takes many months of building confidence and trust from people who you hope to have on your client list.

Real Estate Job Description

First and foremost a real estate salesperson needs to have the relevant qualifications. Real estate jobs are often broken down into several parts, appraiser, listing agent, selling agent ,so listed below are the job requirements of each and if one person is allocated all jobs in their particular office then they would be responsible for all the duties listed.

Appraiser
Prepare reports that estimate property values
Search public records for information relating to sales, leases and assessments
Inspect properties that potential clients want to be appraised and listed
Take photos of properties for listing agent
Compute final estimated property value
Appraise the property for loan purposes
Give evaluation of local area, properties, future trends, transport, shops, etc.

Listing Agent
Discuss various methods of sale, property presentation, costs of marketing and inspections times with sellers
Give them Appraisers Report regarding suggest selling price
Get finance commitment of selection of marketing plan and prepare for media release
Prepare paperwork for listing

Selling Agent
View properties that have been listed prior to taking buyers to them
Receive inquiries from buyers
Assess buyers needs
Investigate their ability to raise finance
Find properties for them to consider
Attend property inspections with buyers
Discuss property merits and location future and history
Draw up terms of purchase agreements between buyer and seller
Negotiate a satisfactory sale price
Ensure that sale proceeds according to the terms on the Contract For Sale which would probably be at a minimum: finance approval, building and termite inspection
Other Duties In A Real Estate Job Description
Promote the company to the community in order to keep the business in front of future buyers and sellers
Promote yourself to attract listings
Network to attract clients with: attorneys, mortgage lenders, accountants, contractors, other real estate agents
Keep in contact on a regular basis with all clients
Build a database

What potential real estate agents need to understand, and I am sure they will from reading this real estate job description, is that there is a lot more to just listing and selling in a real estate job.

When taking on a real estate agents job a person should remember that it is a career choice. It is not a job that shows immediate returns from day one but a job that requires a person to make more and more contacts, get referrals from satisfied clients and market themselves and the business to achieve the success they desire.




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