What is a Real Estate Sales Agent?
Real Estate Sales Agent Example Rent, buy, or sell property for clients. Perform duties, such as study property listings, interview prospective clients, accompany clients to property site, discuss conditions of sale, and draw up real estate contracts. Includes agents who represent buyer.
Life As a Real Estate Sales Agent: What Do They Do?
- Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting.
- Develop networks of attorneys, mortgage lenders, and contractors to whom clients may be referred.
- Present purchase offers to sellers for consideration.
- Generate lists of properties that are compatible with buyers' needs and financial resources.
- Confer with escrow companies, lenders, home inspectors, and pest control operators to ensure that terms and conditions of purchase agreements are met before closing dates.
- Prepare documents such as representation contracts, purchase agreements, closing statements, deeds, and leases.
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Real Estate Sales Agent Needed Skills
Real Estate Sales Agents state the following job skills are important in their day-to-day work.
Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Speaking: Talking to others to convey information effectively.
Negotiation: Bringing others together and trying to reconcile differences.
Coordination: Adjusting actions in relation to others' actions.
Social Perceptiveness: Being aware of others' reactions and understanding why they react as they do.
Persuasion: Persuading others to change their minds or behavior.
Types of Real Estate Sales Agent Jobs
- Apartment Leasing Agent
- Real Estate Broker Associate
- Leasing Consultant
- Real Estate Agent/Broker
- Right-of-Way Buyer
Job Outlook for Real Estate Sales Agents
There were about 348,800 jobs for Real Estate Sales Agent in 2016 (in the United States). New jobs are being produced at a rate of 5.8% which is above the national average. The Bureau of Labor Statistics predicts 20,200 new jobs for Real Estate Sales Agent by 2026. There will be an estimated 34,400 positions for Real Estate Sales Agent per year.
The states with the most job growth for Real Estate Sales Agent are Utah, Idaho, and Colorado. Watch out if you plan on working in West Virginia, Vermont, or Maine. These states have the worst job growth for this type of profession.
Real Estate Sales Agent Salary
The typical yearly salary for Real Estate Sales Agents is somewhere between $24,650 and $112,610.
Real Estate Sales Agents who work in New York, Alaska, or Wyoming, make the highest salaries.
How much do Real Estate Sales Agents make in each U.S. state?
State | Annual Mean Salary |
---|---|
Alabama | $53,870 |
Alaska | $78,190 |
Arizona | $66,360 |
Arkansas | $41,100 |
California | $73,450 |
Colorado | $67,350 |
Connecticut | $70,380 |
Delaware | $50,100 |
District of Columbia | $56,460 |
Florida | $58,730 |
Georgia | $50,450 |
Hawaii | $65,720 |
Idaho | $57,490 |
Illinois | $52,800 |
Indiana | $47,430 |
Iowa | $54,610 |
Kansas | $48,520 |
Kentucky | $48,680 |
Louisiana | $53,020 |
Maine | $64,690 |
Maryland | $57,450 |
Massachusetts | $67,470 |
Michigan | $51,870 |
Minnesota | $46,620 |
Mississippi | $60,450 |
Missouri | $53,440 |
Montana | $47,290 |
Nebraska | $51,010 |
Nevada | $62,000 |
New Hampshire | $49,810 |
New Jersey | $63,790 |
New Mexico | $52,660 |
New York | $116,460 |
North Carolina | $59,920 |
North Dakota | $61,430 |
Ohio | $45,340 |
Oklahoma | $54,880 |
Oregon | $49,850 |
Pennsylvania | $64,490 |
Rhode Island | $84,280 |
South Carolina | $53,790 |
South Dakota | $62,660 |
Tennessee | $51,100 |
Texas | $70,520 |
Utah | $63,480 |
Vermont | $55,920 |
Virginia | $66,230 |
Washington | $63,860 |
West Virginia | $63,620 |
Wisconsin | $49,360 |
Wyoming | $75,570 |
Tools & Technologies Used by Real Estate Sales Agents
Below is a list of the types of tools and technologies that Real Estate Sales Agents may use on a daily basis:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Microsoft PowerPoint
- Microsoft Outlook
- Email software
- Adobe Systems Adobe Acrobat
- Spreadsheet software
- Microsoft Dynamics
- Microsoft Publisher
- Google Docs
- Intuit QuickBooks
- Geographic information system GIS software
- Scheduling software
- Google Drive
- Tax software
- Fund accounting software
- Social media sites
- Corel WordPerfect
How to Become a Real Estate Sales Agent
Individuals working as a Real Estate Sales Agent have obtained the following education levels:
What work experience do I need to become a Real Estate Sales Agent?
Real Estate Sales Agents Sector
The table below shows the approximate number of Real Estate Sales Agents employed by various industries.
You May Also Be Interested In…
Those interested in being a Real Estate Sales Agent may also be interested in:
References:
Image Credit: Godrej Mamurdi Pune via Creative Commons Attribution-Share Alike 4.0 International
More about our data sources and methodologies.
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