What You'll Do

  • Sell, for a fee, real estate owned by others.
  • Obtain agreements from property owners to place properties for sale with real estate firms.
  • Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
  • Compare a property with similar properties that have recently sold to determine its competitive market price.
  • Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
  • Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
  • Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
  • Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
  • Arrange for financing of property purchases.
  • Appraise property values, assessing income potential when relevant.

Essential Skills

Speaking 4.0/5
Reading Comprehension 3.88/5
Active Listening 3.88/5
Critical Thinking 3.88/5
Active Learning 3.62/5
Negotiation 3.62/5
Persuasion 3.5/5
Writing 3.38/5
Social Perceptiveness 3.38/5
Judgment and Decision Making 3.38/5
Service Orientation 3.25/5
Monitoring 3.12/5

Career Fit Overview

Use this summary to sense whether the day to day rhythm and focus of this path line up with what energizes you.

Top passions

  • Leader: Taking charge and moving ideas forward motivates you.
  • Organizer: Bringing order to data and processes satisfies you.
  • Helper: Supporting people and making a difference matters to you.

Common styles

Integrity, Initiative, Stress Tolerance, Persistence, Attention to Detail

Want a personal read on fit. Take the free assessment and see your exact compatibility with this career and many related roles.

Key Abilities

This career demands strong capabilities in the following areas:

Oral Comprehension 4.0/5
Written Comprehension 4.0/5
Oral Expression 4.0/5
Deductive Reasoning 3.62/5
Near Vision 3.62/5
Speech Recognition 3.62/5
Speech Clarity 3.62/5
Written Expression 3.5/5

Technologies & Tools

Adobe Photoshop AMTdirect AppFolio Property Manager Customer relationship management CRM software Deep Forest Systems OnCite Domin-8 Enterprise Solutions Tenant Pro Enterprise Software Systems CRE Sync Facebook First American CoreLogic RealQuest Pro Google Earth Pro Intuit QuickBooks Lease Cost Solutions LseMod London Computer Systems Rent Manager Microsoft Access Microsoft Active Server Pages ASP Microsoft Excel Microsoft Internet Explorer Microsoft Office software Microsoft Outlook Microsoft PowerPoint

Work Environment & Style

Common Styles for This Career

  • Integrity (High importance: 4.74/5)
  • Initiative (High importance: 4.59/5)
  • Stress Tolerance (High importance: 4.56/5)
  • Persistence (High importance: 4.52/5)
  • Attention to Detail (High importance: 4.5/5)

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How to Become One

Most employers require a bachelor's degree in a relevant field. Some positions may also require experience through internships, co-ops, or entry-level work to strengthen your candidacy.

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Also Known As

This career is known by many different job titles across industries. Here are all the variations:

Broker Broker Associate Buyer Broker Closing Agent Contract Specialist Dealer Designated Broker Lease Administration Analyst Lease Analyst Lease Coordinator Leasing Professional Leasing Specialist Licensed Real Estate Broker Loan Specialist Managing Broker Occupancy Specialist Property Broker Real Estate And Rental Industry Specialist Real Estate Associate Real Estate Broker Real Estate Broker Associate Real Estate Closer Real Estate Portfolio Manager Real Estate Representative (Real Estate Rep) Real Estate Sales Associate Real Estate Salesperson Real Estate Specialist Real Estate Transaction Coordinator Realtor Realty Loan Specialist Realty Specialist Rental Coordinator Rental Industry Specialist