real estate agent

Real estate agents administer the sales or letting process of residential, commercial properties or land on behalf of their clients. They investigate the property's condition and assess its value in order to offer the best price to their clients. They negotiate, compose a sales contract or a rental contract and liaise with third parties in order to realize the stated objectives during transactions. They undertake research to determine the legality of a property sale before it is sold and make sure the transaction is not subject to any disputes or restrictions.

Alternative Labels

title examiner

real estate brokers

real estage agent mediators

real estate sales representatives

lettings agents

real estate sales agents

commercial building rental agents

real estate sales representative

apartment rental agent

realtor

apartment rental agents

realtors

commercial building rental agent

commercial real estate agents

estate agents

estate managers

real estage agent mediator

commercial real estate salesperson

property agent

property rental agents

real estate salespersons

real estate rental agent

associate real estate brokers

commercial real estate agent

commercial real estate salespersons

property agents

real estate dealers

real estate dealer

real estate sales agent

letting agents

residential real estate agent

letting agent

property rental agent

residential real estate agents

estate agent

real estate broker

real estate rental agents

associate real estate broker

title examiners

real estate salesperson

real estate agent

lettings agent

Regulatory Aspect

To see if and how this occupation is regulated in EU Member States, EEA countries or Switzerland please consult the Regulated Professions Database of the Commission. Regulated Professions Database:

http://ec.europa.eu/growth/single-market/services/free-movement-professionals/qualifications-recognition_en

Narrower occupations

- letting agent

- real estate investor

Skills & Competences

Essential Skills and Competences

advise on property value manage contracts prospect new customers provide information on properties perform property market research liaise with property owners maintain financial records maintain relationship with customers obtain financial information value properties compare property values identify customer's needs inform on renting agreements prepare real estate contract

Essential Knowledge

customer service real estate market office administration contract law property law mortgage loans

Optional Skills and Competences

liaise with advertising agencies examine the conditions of buildings monitor title procedures collect property financial information examine credit ratings organise property viewing analyse insurance needs liaise with local authorities prepare sales checks perform contract compliance audits examine mortgage loan documents prepare inventory of properties process payments organise a damage assessment attend trade fairs protect client interests advise on investment assist in loan applications create a financial plan analyse loans write inspection reports review closing procedures consult credit score manage contract disputes estimate profitability plan buildings maintenance work negotiate with property owners handle tenant changeover

Optional Knowledge

building codes concurrent estate building construction principles types of insurance advertising techniques energy performance of buildings modern portfolio theory accounting techniques virtual reality

Concept URI

Concept Uri

http://data.europa.eu/esco/occupation/8ec8df02-e9dd-43b7-b416-5846ae0414ab

Status

released

Occupations