What does a Real Estate Agent do?
A Real Estate Agent works with clients to help find them homes, or commercial spaces for their businesses. Residential Real Estate Agents most commonly work with home buyers. However, they may also work with clients who are looking to rent. In both situations, Real Estate Agents help clients find new home opportunities in the areas that they serve, providing expertise on the housing market and guidance on budgets or listing prices. Commercial Real Estate Agents work with clients to help them secure leases or ownership of spaces zoned for commercial use.
Real Estate Agent skills and qualifications
To be a successful Real Estate Agent, a candidate need to have excellent communication skills as they work closely with clients. Some skills that help identify those who will succeed in this role include:
- Excellent verbal and written communication skills
- Strong understanding of negotiation and sales tactics
- Organization skills for budgeting, scheduling, and tracking of listings
- Ability to conduct business with honesty and integrity
- Collaboration for working with clients and other professionals
- Great presentation ability
Real Estate Agent experience requirements
A successful Real Estate Agent usually has some experience in a customer service or sales role. Ideally, a candidate has prior experience as a Real Estate Agent, however, this may not be necessary. They should have experience in closing deals, whether as a Real Estate Agent or an equivalent sales role. Experience working with budgets and financials is an asset.
Real Estate Agent education and training requirements
A Real Estate Agent generally requires a high school diploma. However, many candidates may have a bachelor’s degree in business, psychology, or marketing, or an associate degree from a college program There is a variety of training and certifications a Real Estate Agent can obtain, and they need to pass an exam to be licensed and registered to practice in their province or territory. For example, in Ontario, candidates need to be registered with the Real Estate Council of Ontario.
Real Estate Agent salary expectations
According to Indeed Salaries, the average salary for a Real Estate Agent in Canada is $103,724 per year. Most Real Estate Agent roles are based on commission, therefore this is variable on that factor and others including the skill of the employee, the area in which they live, the prices of houses in the area, and the housing market.
Job description samples for similar positions
In case you’re looking for a job description different from a Real Estate Agent, other job description samples that may be of interest include: