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Helping you find a career in the estate agent industry

An estate agent is involved with the whole sales process, from beginning to end. They will help potential customers find houses that suit their needs and budget, do initial house viewings, start negotiations and assist customers through the buying process. You'll also be involved with the seller through helping them to market their house and, in some cases, representing them in the buying process.

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FAQs

FAQs

What skills and interests should an Estate agent have?

Most estate agents work on commission, so there is a monetary incentive behind closing a sale. This means it's a career that is suited to those who are target-driven and are able to build up a rapport with people easily. Buying a flat, house, or any other kind of property, is a big deal and customers need to feel they can trust whoever it is that they are purchasing from.

What hours does an Estate agent typically do?

Hours can be long working as an estate agent because of the need to do house viewings in the evenings and weekend to accommodate potential customers. The usual office hours of 9-5 apply most of the time, but there may be additional time required on top of this.

What environment is an Estate agent based in?

A lot of the work of an estate agent will be done in an office although you will likely need your own vehicle (or extremely reliable public transport) so that you can get to properties to conduct viewings or visit sellers.

How much does an Estate agent get paid?

The starting salary for a graduate estate agent is typically between £14,000 and £20,000, and that's because you start off as a trainee estate agent. After a few years of experience, salaries can rise up to £60,000. The higher salaries tend to be based in London. Also, bear in mind that you will likely be earning commission on top of this.

There's the potential for very high earnings through commission rates of anything from 1-3.5%. That may not sound like a lot, but a 1% commission on a £200,000 house sale would be an extra £2000 into your paycheck.

Typical progression opportunities for an Estate agent

There are multiple progression opportunities as a estate agent. You can pursue estate agent qualifications, such as a certificate in residential sales, to help you become a manager. Branch managers are in charge of an office and responsible for the management and training of a team alongside being the point of contact for any issues within the business.

Alternatively, after a lot of experience under your belt and some contacts in the industry, you could own your own firm.

What qualifications does an Estate agent need?

There are no formal education requirements to be an estate agent, but any experience of sales or customer service will definitely help to prove you've got the necessary people skills. A lot of this job depends on your personality and communication skills, which will likely be assessed in an interview.

There aren't a great number of estate agent graduate schemes around, but entry-level estate agent roles will ensure that you receive the training and guidance that you need. Typical terms for entry-level graduate estate agent jobs include: trainee estate agent, junior estate agent or trainee sales negotiator.