An Estate Agent works to market properties, connecting those selling an estate to those in the market for one. In the United Kingdom the majority will work in-house with an established business, providing evaluations of a property's worth, before composing an appropriate listing and promoting the listing to the target audience. They should have a good understanding of geographical areas within their territory, with the ability to estimate value as a virtue of location. They should also be able to evaluate the worth of a property according to its characteristics, and be able to predict the best market for the property.
Estate Agents will generally also be responsible for guiding prospective buyers around a property, selling its attributes to them in connection to their own requirements as buyers. They should have a personable and outgoing demeanour, as in any sales position, although because a property is such a large purchase they should also be diplomatic and understanding, as well as sensitive to the clients' needs.
Estate Agents can be responsible for the speedy sale of a client's home, which will usually have a large value. As the housing market can tend to be fragile, this often entail a large amount of responsibility.
- The ability to estimate the monetary worth of non-monetary assets
- The ability to manage multiple clients at once