Estate Agents: Your Questions Answered

The chances are that we will have to hire an estate agent at some point in our lives. If you’ve ever found yourself wondering what it is, they do, and how/why you should hire one, then keep on reading! We’ll be discussing and answering common questions about a day in the life of an estate agent.

What is an estate agent?

An estate agent is an individual or business that engages in the process of selling, buying, renting, and maintaining properties for clients. They must possess a variety of skills, including advanced negotiation, time-management, and problem-solving. They also must be able to work both on and off-site, to meet with clients and host viewings.

What does an estate agent do?

The role of an estate agent is to assist clients with either selling, renting, or buying a home. They do this by completing a variety of tasks and communicating with both the buyers and sellers. They help arrange viewings, set the value of your home to attract potential buyers, manage future negotiations, and ensure that all parties are satisfied.
In regards to renting, estate agents can do regular checkups to ensure the home is maintained, and clients are happy. They also hope to find the right renter by going through history and previous rental checks.

How do I hire an estate agent?

To hire an estate agent, you first want to read some recommendations and reviews. Try Get Agent, to find a local agent near you. To ensure you choose the right person, it can be wise to ask as many questions as possible and get some different values on your home. This way, you can choose the right person that supports your decisions and provides you with advice.

How do you become an estate agent?

In the UK, it is not required that you have a degree, however making the decision to get one can put you in front of any competition and help you get noticed as an estate agent. However, if you want to get straight into it, you need to find a certificate course program specializing in the field. You might even be able to get an apprenticeship working within a real estate office. After this, you’ll want to continue to expand your knowledge and skills by engaging in regular courses to gain more experience.

How much do estate agents make per year?

The amount earned per year for estate agents can vary, depending on the amount of work you complete. You also get commissions and bonuses, which can impact your yearly income. In the UK the average wage sits at £39,000, while the highest earners can make up to £46,325.

And there you have it! This was everything you need to know about estate agents. If you’re considering becoming one yourself, remember to stay confident, and train as much as possible. If you’re thinking of hiring one, make sure you search around to find the best choice for you. Good luck and happy hunting!

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website.

You May Also Enjoy

Breaking News

Breaking Property News 20/12/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Why estate and letting agents must embrace innovative technology in 2025   As we step into 2025, the UK property market continues to shift, and estate agents face mounting pressure to meet the evolving expectations of buyers and sellers. The days when static images sufficed…
Read More
Breaking News

Breaking Property News 19/12/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   High street Auctions’ initiative launches to revive Britain’s town centres   This month the UK Government rolls out its highly anticipated ‘High Street Auctions’ scheme, a flagship measure of the Levelling Up and Regeneration Act 2023. This initiative grants local authorities the power to take…
Read More
Estate Agent Talk

Moving Up In The World: Finding Your Dream Home

Finding your dream home is one of life’s most exciting and transformative experiences. Whether you’re looking to upsize, relocate, or finally purchase that ideal property you’ve always envisioned, the journey is both thrilling and filled with important decisions. As you embark on this path, it’s essential to plan carefully, consider your priorities, and approach the…
Read More
new build home fronts
Breaking News

These cities are the keenest to move house in 2025

Bournemouth is the keenest area in the UK to move home, with 38,132 average monthly searches for moving-related topics per 100,000 residents. Plymouth is second, with 35,198 average monthly searches for moving, and Birmingham is third, with 35,181. Derry is the least keen area to move house, with only 3,170 average monthly searches related to…
Read More
Love or Hate Rightmove
Breaking News

Number of rental enquiries still double pre-pandemic, as rents predicted to rise 3%

The average number of enquiries sent to agents about each available property they have to rent is still nearly double the level it was in 2019, despite improvements in the balance between supply and demand: Each available property receives an average of 11 enquiries, nearly double the 6 at this time in 2019 This is…
Read More
bank of england interest rate
Breaking News

Response to the Bank of England interest rates decision

Response to the Bank of England interest rates decision, thoughts from the Industry Rates were left unchanged at 4.75% MPC voted 6 to 3 in favour of holding rates flat, with three members preferring to cut rates by 0.25% to 4.5% In the near-term inflation is expected to “continue to rise slightly” The market was expecting rates to remain…
Read More