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Sector & Industry: Context and relevance
The Real Estate Agent operates within the Real Estate sector, particularly in residential and commercial property sales and leasing. This role is relevant in the context of the real estate market, where the agent facilitates transactions between buyers and sellers or property owners and renters.
Salary Range: US Salary Range
The salary range for Real Estate Agents in the US can vary significantly due to the commission-based nature of the job. However, a typical range might be from $40,000 to $100,000 annually, with highly experienced or successful agents potentially earning over this range.
Keywords
Real Estate, Sales, Negotiation, Property Listings, Transactions, Property Marketing, Licensing, Real Estate Law, Client Relations, Property Showings.
Responsibilities: Main duties
- Assist clients in buying, selling, or renting properties
- Advise clients on market conditions, prices, and mortgages
- Develop a network of contacts and leads
- Prepare and present purchase offers to sellers
- Facilitate negotiations between buyers and sellers
- Coordinate property closings, overseeing the signing of documents
- Ensure all legal and regulatory requirements are met
- Market properties for sale or lease
- Accompany buyers during visits to and inspections of properties
Skills & Qualifications
- Valid Real Estate License
- Proven working experience as a Real Estate Agent, or Real Estate Salesperson
- Knowledge of real estate market and best practices
- Familiarity with property law and transaction process
- Strong sales negotiation and communication skills
Personal Traits: Desirable attributes
- Persuasiveness
- Trustworthiness
- Strong work ethic
- Self-motivation
- Adaptability
Work Focus: People, Product, Process (3Ps) relevance
People: High interaction with clients and networking (80%)
Product: Focus on properties being bought, sold, rented (10%)
Process: Management of the transaction and legal procedures (10%)
RESUME PLUS TRAITS TO LOOK FOR WHEN HIRING
Core Competency & Score
Negotiation Skills (90%): Proficiency in negotiating deals is critical for real estate transactions.
Primary 3P & Score
People Focus (80%): The agent's primary focus is on understanding client needs and forming strong relationships.
Essential Big 5 Trait & Score
Extraversion (95%): Real Estate Agents must be sociable, assertive, and highly interactive.
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