Real Estate Agent Duties & Responsibilities

The role and function of a Real Estate Agent includes the following duties and responsibilities:

• Provide guidance and assist sellers and buyers in marketing and purchasing property for the right price under the best terms
• Determine clients’ needs and financials abilities to propose solutions that suit them
• Intermediate negotiation processes, consult clients on market conditions, prices, mortgages, legal requirements and related matters, ensuring a fair and honest dealing
• Maintain and update listings of available properties
• Cooperate with appraisers, escrow companies, lenders and home inspectors
• Develop networks and cooperate with attorneys, mortgage lenders and contractors
• Promote sales through advertisements, open houses and listing services
• Perform comparative market analysis to estimate properties’ value
• Display and market real property to possible buyers
• Prepare necessary paperwork (contracts, leases, deeds, closing statements etc)
• Manage property auctions or exchanges
• Remain knowledgeable about real estate markets and best practices

Note that this is not an exhaustive list of Real Estate Agent duties and responsibilities. Job functions for specific Real Estate Agent roles may vary, depending on the industry and type of employer.