An estate agent's job revolves around the selling and renting of any form of space: houses, offices, industrial or agricultural land. Estate agents need the skill and know-how to accurately work with the economic values of property, and if not personally qualified to determine property value, assistance from other parties may be needed. The estate agent also represents the buyer and renter in many instances, liaising and negotiating with the property seller or owner. Another aspect of an estate agent's job is to hunt for properties that are for sale, again on behalf of the buyer. As with many other professions, estate agents need to stay on top of the latest developments and therefore continued professional training as a key part of the profession. Estate agents with appropriate professional registrations and licensing, are authorised to assist with property sale transactions. Estate agents have an exciting job as they deal with buildings and houses inside and out, from the smallest cottage to grand hotels can make its way to the estate agent's file on a normal work day.
The estate agent's responsibilities are within set criteria according to government law. Not only does this protect the buyer and seller during the transactions, but also the estate agent himself. The estate agent's daily responsibilities include showing properties to potential buyers, advising buyers about available properties and hunting for property sellers to place properties on the market. A fair deal of reporting and advertising is part of the job. The estate agent may also be required to oversee and arrangement for property mainteancne, especially where property renting is applicable.
- Excellent communication and negotiating skills.
- Good financial management skills.
- Excellent knowledge on market trends and property law.
- Excellent sales skills.