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

A third of UK homes for sale are ‘chain-free’ reports Zoopla

Recent tax changes and incoming council tax premiums for second homes have unsettled property investors and second homeowners with some now looking to sell One week on from the Autumn budget, buyer enquiries for homes that are chain-free are 33 per cent higher compared to those not advertised as chain-free 41 per cent of two…
Read More
Love or Hate Rightmove
Breaking News

Rightmove’s weekly mortgage tracker 06/11/24

The average 5-year fixed mortgage rate is now 4.66%, down from 5.33% a year ago The average 2-year fixed mortgage rate is now 4.92%, down from 5.76% a year ago The average 85% LTV 5-year fixed mortgage rate is now 4.69%, down from 5.40% a year ago The average 60% LTV 5-year fixed mortgage rate is now 4.05%, down from 4.91% a year ago The average monthly mortgage payment on a…
Read More
Overseas Property

Top reasons to consider buying a luxury villa in Phuket Thailand

Those who have worked hard for many years are often looking for ways to invest their cash so that they can enjoy life to the max in their advancing years. Some might decide to dabble in the stock market or insurance policies to enhance their savings, while others might look to purchase something more physical…
Read More
How to add value to your home
Estate Agent Talk

5 Top Tips for Running a Business From Home

Have you ever wanted to start and run your own business from home? Although it’s an incredibly rewarding experience, it can be tough to set up and know where to start, especially if you have no business experience or background! Whether you want to run a small business, or have grand ambitions for eventual expansion,…
Read More
Estate Agent Talk

The Importance of Time Management for Real Estate Investors

Time is one of the most valuable assets for real estate investors, especially when juggling multiple projects, clients, and market trends. Without a strong grip on time management, getting bogged down in tasks that don’t drive growth is easy. You see, every minute spent on admin tasks or low-value activities is a minute that could…
Read More
Estate Agent Talk

Transforming Your Condo into a Next-Gen Smart Home Experience

Gone are the days when we must get up to press a button on the TV to adjust the volume, use actual keys to unlock doorknobs, or turn a knob to control the air conditioning unit's thermostat. These days, all we have to do is sit pretty on our couches, let technology do its work,…
Read More