Real Estate Agent

Community and Health

Real estate agents help people who want to sell or lease their house, business, flat, factory, shop or farm. They also help people who want to rent or buy property.

Real Estate Agents carry out the functions of a real estate salesperson in a managerial role, and may authorise the activities of a real estate salesperson.

Real Estate Salespeople must have a detailed knowledge of laws relevant to buying, selling and leasing property. In addition, they require knowledge of the building industry,
building types, zoning requirements and other related developments in the community. Real estate
salespeople may only conduct real estate transactions under the supervision of a licensed real estate agent.

Real estate salespeople may perform the following tasks:

  • discuss the method of sale, presentation of the property, costs and inspection times with sellers
  • estimate the current market price and suggest a minimum selling price
  • list details of land or buildings for sale and arrange for the advertising of properties
  • assess what buyers need and find properties that fit those needs
  • take prospective buyers to inspect properties
  • draw up legal agreements between the people buying and selling
  • arrange finance and insurance

House for sale

Real estate salespeople often work irregular hours, including weekends. This occupation involves a great deal of contact with the public and with industries and professions, such as builders, solicitors, conveyancers, bankers and local government personnel.

Real Estate Property Managers are employed by an agent to manage rental properties and may perform the following tasks:

  • inspect rental properties before, during and after a tenant's residency
  • arrange maintenance and repair of rental property if required by the owner
  • collect security deposit and rent
  • draw up leases between property owners and tenants 
  • advertise vacant premises and, with the property owner, choose suitable tenants .