Jobs in Residential Estate Agency

Posted by Elijah on September 2nd, 2022

Glasgow Estate Agents negotiate residential property sales and lettings with clients, solicitors, and other property professionals. As an estate agent, you will typically specialise in either the sale or letting of residential properties, businesses, or land on behalf of your clients. You will appraise and market properties in order to obtain the best possible price for your client.

Responsibilities of a Real Estate Agent

During transactions, you will be in frequent contact with banks, building societies, mortgage brokers, surveyors, solicitors, and other estate agencies. You may also be in charge of auction sales. 

As a residential estate agent in Scotland, you will need to:

  • Gather property information and arrange for photographs to be taken.
  • Visit the sellers and inquire about their property and its unique features.
  • Calculate the worth of a property
  • Property marketing and promotion
  • Provide advice to clients and assist buyers in making purchasing decisions.
  • Keep abreast of trends in the relevant property market.

If you work in the lettings department of an estate agency, you must be able to:

  • Prospective tenants are vetted by collecting references and conducting credit checks.
  • Ensure that properties meet legal and health and safety standards, such as gas safety certificates.
  • Make contracts for tenancy agreements.
  • Rent payments should be collected or organised.
  • Act as a property manager and resolve any property issues that arise.
  • Property sales in Scotland are typically handled by a solicitor.

Residential Sales Estate Agent Salary Expectations

  • For trainee positions, starting salaries for estate agents range from £15,000 to £21,000 on-target earnings (OTE).
  • Salary ranges from £25,000 to £60,000, plus commission, with experience.

Salaries are typically comprised of a base salary plus commission based on a percentage of sales. Location, your qualifications, the size of the firm, and the economic climate are all deciding factors.

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Joined: August 6th, 2022
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