Real Estate Sales Agents

Real Estate Agent
Real Estate Salesperson
Realtor
Realtor Associate
Sales Agent

What is a Real Estate Sales Agent?

A Real Estate Sales Agent, often referred to simply as a real estate agent, is a licensed professional who serves as an intermediary between buyers and sellers in real estate transactions. Their primary role is to facilitate the buying and selling of properties, which can include residential homes, commercial buildings, and land. Real estate agents are responsible for understanding market trends, property values, and neighborhood statistics to provide clients with well-informed advice. They utilize various marketing strategies to attract potential buyers and showcase properties, as well as conduct open houses to enhance visibility. Agents also assist clients in negotiating purchase agreements, ensuring compliance with local laws and regulations, and often guide them through the complexities of closing the sale. Additionally, successful agents typically build strong networks within their communities and industry to expand their reach and enhance their service offerings.

Career Assessment
Career Assessment

Tasks

  • Prepare documents such as representation contracts, purchase agreements, closing statements, deeds, and leases.
  • Present purchase offers to sellers for consideration.
  • Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.
  • Generate lists of properties that are compatible with buyers' needs and financial resources.
  • Confer with escrow companies, lenders, home inspectors, and pest control operators to ensure that terms and conditions of purchase agreements are met before closing dates.

Technology Skills

  • Data base user interface and query software
    • Front Desk
    • Showing Suite real estate software
    • Xactware Xactimate
    • Yardi software
  • Word processing software
    • Google Docs
    • HUD-1 software
    • Microsoft Word
  • Financial analysis software
    • Real estate application contract transmission REACT software
    • RealData Comparative Lease Analysis
    • TimeValue software
    • Wheatworks Real Estate Calculator Suite
  • Expert system software
    • CMA Stuffers
    • ProForce Ultimate Brochures
    • Reveal Systems Truewire
    • RPIS Silent Flyer
  • Customer relationship management CRM software
    • DataBasix Technologies Lead Commander
    • Microsoft Dynamics
    • RealtyStar Real Estate Assistant
    • TopProducer

Tools Used

Knowledge

  • Customer and Personal Service

    Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.

  • Sales and Marketing

    Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.

  • English Language

    Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.

  • Law and Government

    Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.

  • Administrative

    Knowledge of administrative and office procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and workplace terminology.

Skills

  • Active Listening

    Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

  • Speaking

    Talking to others to convey information effectively.

  • Negotiation

    Bringing others together and trying to reconcile differences.

  • Coordination

    Adjusting actions in relation to others' actions.

  • Social Perceptiveness

    Being aware of others' reactions and understanding why they react as they do.

Abilities

  • Oral Comprehension

    The ability to listen to and understand information and ideas presented through spoken words and sentences.

  • Oral Expression

    The ability to communicate information and ideas in speaking so others will understand.

  • Speech Clarity

    The ability to speak clearly so others can understand you.

  • Speech Recognition

    The ability to identify and understand the speech of another person.

  • Written Comprehension

    The ability to read and understand information and ideas presented in writing.

Education

How much education does a new hire need to perform a job in this occupation?

  • High school diploma or equivalent
    43 %

    or: GED, High School Equivalency Certificate

  • Post-secondary certificate
    24 %

    Awarded for training completed after high school (for example, in Personnel Services, Engineering-related Technologies, Vocational Home Economics, Construction Trades, Mechanics and Repairers, Precision Production Trades)

  • Less than high school diploma
    10 %

Work Activities

  • Resolving Conflicts and Negotiating with Others

    Handling complaints, settling disputes, and resolving grievances and conflicts, or otherwise negotiating with others.

  • Establishing and Maintaining Interpersonal Relationships

    Developing constructive and cooperative working relationships with others, and maintaining them over time.

  • Working with Computers

    Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.

  • Making Decisions and Solving Problems

    Analyzing information and evaluating results to choose the best solution and solve problems.

  • Communicating with People Outside the Organization

    Communicating with people outside the organization, representing the organization to customers, the public, government, and other external sources. This information can be exchanged in person, in writing, or by telephone or e-mail.

Detailed Work Activities

  • Negotiate prices or other sales terms.
  • Prepare sales or other contracts.
  • Obtain property information.
  • Coordinate activities with suppliers, contractors, clients, or other departments.
  • Develop content for sales presentations or other materials.

Work Interests

  • Enterprising

    Work involves managing, negotiating, marketing, or selling, typically in a business setting, or leading or advising people in political and legal situations. Enterprising occupations are often associated with business initiatives, sales, marketing/advertising, finance, management/administration, professional advising, public speaking, politics, or law.

  • Conventional

    Work involves following procedures and regulations to organize information or data, typically in a business setting. Conventional occupations are often associated with office work, accounting, mathematics/statistics, information technology, finance, or human resources.

  • Social

    Work involves helping, teaching, advising, assisting, or providing service to others. Social occupations are often associated with social, health care, personal service, teaching/education, or religious activities.

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Job Outlook

Projected salary and job growth

$31410.0 - $119590.0

New job opportunities are less likely in the future. : Below Average

Assessment

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