Estate agents use their expertise and knowledge of local market conditions to decide a price for land or property.
They advise on methods of sale, measure the property, write sale details and arrange advertising. They show the property to potential buyers and negotiate the sale on behalf of their clients, who may be the buyer or seller.
Estate agents can specialise in a number of areas:
Most Estate agents work a minimum of 40 hours a week, including some evenings and weekends, usually on a rota basis.
The work is office-based, in office premises or an estate agent’s high street shop. They spend a good deal of time in clients’ homes or business premises. Property valuations involve bending and climbing.
To be an estate agent you need:
Most estate agents are self employed, or partners in private firms of estate agents, although some work in the civil service. Promotion to management positions may be possible.
Demand for estate agents is dependent on the buoyancy of the property market and levels of construction activity. This may vary on a regional basis.
There may be opportunities for estate agents to train in home inspection or surveying. For more details see the Surveyor and Home Inspector profiles or visit the Royal Institute of Chartered Surveyors (RICS) website, listed in Further Information.
If you would like to know anything about Estate Agent that does not appear on Hotcourses, further information can be found below.