We all have a rough idea of what a real estate agent does, but if you want to dig a little deeper into the real estate agent job description, then we’ve got answers to all your questions.
What Does a Real Estate Agent Do?
A real estate agent helps guide clients through the process of buying, selling, and renting properties. The job responsibilities vary based on whether the client is buying or selling, but a real estate agent job description generally involves:
- Finding suitable properties that are available to buy or rent
- Guiding clients through property searches
- Helping clients to negotiate a price
- Displaying and marketing properties to potential buyers
- Preparing paperwork
- Updating listings
- Cooperating with attorneys, mortgage lenders, and other contractors
With so many different responsibilities, real estate agents get plenty of variety in their day-to-day work, something that attracts lots of people to this career.
Real Estate Salesperson vs. Broker: What’s the Difference?
The difference between real estate agents and real estate brokers sometimes confuses people because there is overlap between the two positions.
Real estate brokers can do everything that’s in a real estate agent job description, but they also have extra training and qualifications. Real estate brokers’ extra training enables them to run their own businesses and hire other real estate agents, whereas real estate agents must work under the umbrella of a real estate broker.
This distinction is in place to protect consumers and ensure real estate brokers have all the training they need to run their businesses.
What Experience/Qualification Do You Need to Get Your Real Estate License?
In most states, becoming a real estate agent requires you to pass a real estate exam. Most of the time, all you need to get onto a real estate salesperson license course and take the exam is a high school diploma.
You don’t need any extra qualifications or sales experience. It’s simply a question of putting time into the training course and showing all your knowledge on the real estate exam.
How Do You Get Your Real Estate Salesperson License?
When you look at a real estate job description, one of the requirements you’ll find is a real estate license. If you don’t have one of these yet, don’t worry.
To get your real estate license, you first have to take a real estate license course — these are required as part of the licensing. For example, in New York, you have to take the 75 HR Salesperson course. This takes you through everything you need to know about the real estate business and helps prepare you for the real estate exam.
For some people, the course is all that’s needed to be ready for the exam. For others, they might want to look at some extra resources just to make sure they’re absolutely ready.
When you feel ready, you can then take the real estate license exam, and if you pass, then you can practice as a real estate agent under the tutelage of a real estate broker.
Is It Hard to Get a Real Estate Licence?
The process of getting your real estate license isn’t difficult. You just have to find out what the requirements are in your state, sign up for the courses, and take the real estate exam.
There are no additional education requirements needed. It’s simply a case of taking the accredited courses and passing the test. These are designed to give you the knowledge you need to begin your career in real estate and teach you some of the skills that will help you become a successful agent.
Is the Real Estate Exam Hard?
Real estate exams vary across the country, but they’re not designed to be easy.
They’re there to protect the integrity of the industry and make sure skilled agents with a strong basis of knowledge are offering a good service for their clients.
Pass rates are thought to be around 50%, which means there’s no guarantee of passing.
The good news is that it’s up to you. If you dedicate yourself to the real estate salesperson license courses, invest in your learning, and take the test seriously, then you’re going to give yourself the best possible chance of passing.
How Do You Get Hired as a Real Estate Agent?
Once you’ve passed the real estate exam and received your real estate salesperson license, your next step will be to find a real estate brokerage to work for.
This is an important step. While your licensing course will teach you important information about the industry, it’s once you start working for a brokerage that you will get the on-the-job training that will kickstart your career.
Your brokerage will help create the environment for you to land your first clients and help teach you the sales skills that will serve you throughout your career.
How Much Do Real Estate Agents Earn?
When you’re looking at a real estate agent job description, one question you might be asking is how much they earn. This can be a little tricky to answer because a lot of it depends on performance.
If you’re helping clients make sales and purchases on a regular basis, then you’re going to earn more money!
That being said, Indeed estimates that average earnings for real estate agents in the US are $94,110 a year. The nice thing is, it’s in your hands!
Conclusion: Real Estate Agent Job Description
As you can see from these frequently asked questions about real estate agent job descriptions, a lot of it revolves around the pre-licensing course and the real estate exam.
If you’re looking to take your first steps in the real estate industry, then choosing the right real estate salesperson course is a must. The right course will give you all the tools you need to pass the real estate exam and start earning money as a real estate agent.