What does a Realtor do?
Published 4 min read
A realtor is a professional who helps people buy and sell property.
Realtor job duties include:
- Act as an intermediary in negotiations between buyers and sellers
- Assist clients with the purchase or sale of property
- Show properties to potential buyers
- Advise clients on market conditions, prices, mortgages, legal requirements and related matters
- Prepare necessary paperwork (e.g. contracts, leases, deeds, mortgage documents)
- Coordinate appointments to show properties
- Arrange financing for clients
- Handle deposits and payments
- Promote properties through advertisements, open houses and listing services
Realtor Job Requirements
Most real estate agents have a high school diploma, although some states require agents to have completed some college coursework or to have a college degree. Many real estate brokerages offer training to new real estate agents, which can be helpful in passing the state licensing exam. In most states, continuing education courses are required to maintain a real estate license. Real estate agents typically work for a real estate broker or real estate firm. Some agents are licensed as dual agents, meaning they can represent both the buyer and the seller in a transaction.
Realtor Skills
- Listening
- Patience
- Persistence
- Honesty
- Organizational Skills
- Time Management Skills
- Communication Skills
- Marketing Skills
- Negotiation Skills
- Sales Skills
- People Skills
- Analytical Skills
Related: Top Realtor Skills: Definition and Examples
How to become a Realtor
There are many reasons why someone might want to become a realtor. Perhaps they have always been interested in houses and property, or maybe they have seen firsthand how difficult it can be to find a good home and want to help others with the process. Whatever the reason, becoming a realtor is a process that takes time, effort, and dedication. Here are a few tips on how to become a successful realtor.
1. Get your real estate license. In order to become a realtor, you must first obtain your real estate license. This typically requires taking some courses and passing an exam. Check with your state’s requirements to see what is necessary in order to obtain your license.
2. Join the National Association of Realtors. This professional organization provides its members with resources, networking opportunities, and educational programs. It also gives you access to the Multiple Listing Service (MLS), which is essential for finding properties for your clients.
3. Find a broker. Once you have your license, you will need to find a broker to work under. This is someone who owns or manages a real estate company and can help you get started in your career. Ask around or look online for brokerages that specialize in the type of real estate you are interested in (residential, commercial, etc.).
4. Start marketing yourself. One of the most important aspects of being a successful realtor is marketing yourself effectively. Create some business cards and flyers with your contact information and hand them out whenever you can. Make sure your website and social media profiles are up-to-date and professional-looking. Attend local events and introduce yourself as a realtor; you never know when you might meet someone who’s looking to buy or sell a property!
5. Stay organized and stay on top of things. As a realtor, you will be dealing with a lot of paperwork, deadlines, and appointments. It’s important to stay organized so that nothing falls through the cracks. Use a system that works for you – whether it’s physical folders or digital files – and make sure you keep track of all the details related to each listing or transaction.
Becoming a successful realtor takes time, effort, and dedication – but it can be an incredibly rewarding career path. By following these tips, you’ll be on your way to helping people buy and sell properties while earning a good income yourself!
Related: Realtor Resume Example