Realtor duties and responsibilities
Realtors perform many tasks that help clients with the buying or selling of their homes. Duties and responsibilities of a Realtor may include:
- Assisting clients in selling their homes by helping to establish the listing price, advertising the property, and facilitating open houses for prospective buyers
- Listing properties with the appropriate real estate boards to ensure maximum exposure
- Assisting clients in buying homes by accompanying them to open houses, scheduling house viewings, and making offers on suitable properties
- Drafting sales agreements between a home buyer and home seller
- Helping clients find tenants for rental properties
- Advising clients on home updates or renovations to help them increase their selling price or potential offers
- Advertising their personal brand and services on social media
- Writing enticing home summaries for real estate listing websites and other outlets
Realtor skills and qualifications
A successful Realtor has various prerequisite skills and qualifications required for the duties performed in this job, including:
- Ability to work in a fast-paced environment
- Results-oriented work ethic and ability to undertake tasks needed to accomplish the sale of a home
- Proven written and verbal communication skills
- Excellent interpersonal skills and ability to build relationships easily
- Ability to multi-task and troubleshoot with creative thinking
- Excellent time-management and punctuality
- Excellent negotiation and adjudicating skills
- Sound knowledge of the real estate and housing market
Realtor experience requirements
When looking through resumes for a Realtor, candidates must meet the minimum requirements to practice in the prospective province or territory and city where they’re applying. For some candidates, meeting these standards can be sufficient, even without previous experience. If your organization offers a mentorship or training program, this can help supplement experience. If you don’t have a mentorship program, consider hiring someone with at least two years of experience.
Realtor training and education
At a minimum, a Realtor candidate needs to be at least 18 years old, have a high school diploma or GED, and be a Canadian citizen. You may prefer candidates who have a university degree or college diploma in economics, business administration, marketing, or sales to provide additional training and background knowledge in the field. Realtor candidates also need to have a real estate license to practice in any province or territory in Canada.
A good Realtor candidate should also have a membership at the major Real Estate board of their province or territory, like the Real Estate Council of Ontario. Some cities may also require a Realtor to register with their local real estate board, such as the Toronto Real Estate Board (TREB). Qualified candidates also must be a member of the Canadian Real Estate Association for consideration.
Realtor salary expectations
According to Indeed salaries, the average salary for a Realtor in Canada is $114,094 per year. This varies depending on experience, location, and the company that is hiring.
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