Real Estate Brokers and Sales Agents

Real Estate Brokers and Sales Agents typically perform the following tasks: • Sell, for a fee, real estate owned by others. • Obtain agreements from property owners to place properties for sale with real estate firms. • Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales. • Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers. • Manage or operate real estate offices, handling associated business details. • Compare a property with similar properties that have recently sold to determine its competitive market price. • Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs. • Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner. • Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly. • Rent properties or manage rental properties. • Maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of a property's area. • Arrange for title searches of properties being sold. • Appraise property values, assessing income potential when relevant. • Supervise agents who handle real estate transactions. • Arrange for financing of property purchases. • Give buyers virtual tours of properties in which they are interested, using computers. • Review property details to ensure that environmental regulations are met.