Real Estate Brokers

The work

Core tasks

1. 01Sell, for a fee, real estate owned by others.
2. 02Obtain agreements from property owners to place properties for sale with real estate firms.
3. 03Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
4. 04Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
5. 05Manage or operate real estate offices, handling associated business details.
6. 06Compare a property with similar properties that have recently sold to determine its competitive market price.
7. 07Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
8. 08Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
9. 09Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
10. 10Rent properties or manage rental properties.
11. 11Maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of a property's area.
12. 12Arrange for title searches of properties being sold.

Capabilities

Essential skills

Employment outlook

Where the role is heading