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Real Estate Brokers Job Description

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Real Estate Brokers

The following job description describes the common responsibilities for this occupation.

Job Description

Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.

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Job Description of a Realtor - Comments

Whether it's a sellers' market or a buyers' market, the job description of a realtor applies to both. For the buyer, a realtor job description involves matching the right property with the client's needs. For the seller, the job description of a realtor includes advertising the property, setting up open houses, screening potential buyers and - in the end - selling the property. Having knowledge of market trends, zoning regulations, tax laws, and negotiation are all important aspects of a realtor's job description. The job description of a realtor also includes getting quotes from appraisers and working with mortgage brokers to oversee and finalize sales.

A realtor's job description commonly includes working on commission. The typical Realtor Commission depends on many factors, such as years of experience, location, and the real estate company. Since the job description of a realtor includes working with both properties and people, it's not surprising that PayScale's Realtor Survey shows that some realtors end up working as Property Managers. For other real estate job titles and descriptions, see the detailed reports on Real Estate Appraiser and Real Estate Asset Manager.

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