Broker job description
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What does a Broker do?
The Broker is essential in facilitating transactions between buyers and sellers, offering expert guidance and negotiating deals to close successfully. This role significantly contributes to organizational profitability by leveraging market insights and fostering client relationships.
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What are the Key Responsibilities of Broker
- Identify and secure new business opportunities through networking.
- Guide clients on buying, selling, or renting properties and assets.
- Conduct market analysis to provide competitive property pricing.
- Negotiate offers and contracts between parties.
- Ensure compliance with legal and regulatory requirements.
- Maintain up-to-date knowledge of market trends and conditions.
- Build and maintain strong client relations to foster repeat business.
What are the Skills and Requirements for a Broker?
- Strong negotiation and sales skills.
- Excellent communication and interpersonal abilities.
- Proficient in market analysis and data interpretation.
- Knowledge of regulations and guidelines for transactions.
- Capable of building and maintaining professional networks.
What are the KPIs to track for Broker?
The Broker’s performance is evaluated based on successful transaction completions, increased client base, and maintenance of high client satisfaction levels.
Transaction Completions
Increase the number of successfully closed deals.
Client Acquisition
Expand and retain client list with continuous outreach strategies.
Client Satisfaction
Achieve high satisfaction scores from clients through consistent service.
Reports to
Sales Director
Collaborates with
Legal Advisors, Marketing Team
Leads
Associate Brokers
Are any specific tools or software required for the Broker role?
- CRM Software
- Market Analysis Tools
- MS Office Suite
What is the qualification of Broker?
Bachelor’s degree in Business, Finance, or related field; Licensed broker with 3-5 years of experience in brokerage.
