Realtor job description
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What does a Realtor do?
A Realtor is a licensed real estate professional who facilitates property transactions between buyers and sellers, ensuring smooth and compliant processes. The role is pivotal for clients making significant life decisions by providing expert advice, market insights, and negotiation skills.
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What are the Key Responsibilities of Realtor
- Assist clients in buying, selling, and renting properties.
- Conduct market research to value properties appropriately.
- Negotiate deals and provide guidance through the closing process.
- Prepare necessary documents and contracts for transactions.
- Collaborate with mortgage lenders, appraisers, and inspectors.
- Market listings through various channels to attract potential buyers.
- Stay informed about real estate markets and trends.
- Ensure compliance with real estate laws and ethical standards.
What are the Skills and Requirements for a Realtor?
- Excellent negotiation and sales skills.
- Strong communication and interpersonal abilities.
- Familiarity with real estate databases and search tools.
- Ability to manage multiple transactions simultaneously.
- Strong knowledge of local real estate markets.
What are the KPIs to track for Realtor?
The Realtor's performance is assessed by the volume of successful transactions, client satisfaction, and the ability to meet or exceed sales goals within designated timeframes.
Transaction Volume
Increase in successful property transactions.
Client Satisfaction
High ratings in client feedback and testimonials.
Sales Goals
Achievement of sales targets set for the period.
Reports to
Brokerage Firm Manager
Collaborates with
Mortgage Lenders, Appraisers, Inspectors
Leads
None
Are any specific tools or software required for the Realtor role?
- Multiple Listing Service (MLS)
- CRM Software
- Real estate marketing tools
What is the qualification of Realtor?
Real estate license required; additional certification from the National Association of Realtors (NAR) preferred. Proven experience in real estate sales.
