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- Completion in 7-28 days
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Ever thinking of selling your house or simply wanting to know how to become an estate agent? You will need to equip yourself with knowledge of what estate agents do and how they run their businesses. So, what is an estate agent? An estate agent is an independent party that helps in the buying, leasing and selling of properties, on behalf of their clients, charging a fee or commission for the services they provide. They may also negotiate all deals and market the property through their own expert channels.
To put it simply, selling a property can be time consuming and complicated. A good estate agent will preside over the whole process, advising the client on pricing and negotiations. Estate agents often liaise with building societies, mortgage companies, surveyors, solicitors and banks during the transaction process. If you are looking out for an estate agent for your home, then you should compare estate agent fees, as they may vary, depending on the location and size of the sale. Typical agent commissions in the UK vary between 1.5 - 2.5 percent of the value of the property sale.
How can you make sure you're getting a top estate agent and not one who is brand new to the industry? The answer is to ask lots of questions. Estate agents are required by law to answer all questions honestly, so take advantage of your opportunity to get to the truth.
Here are some questions that can help you determine your agent's qualifications:
If you are looking to become an estate agent, you should have excellent verbal and written skills, with the ability to deal with people from different backgrounds. You should also have good business acumen be able to negotiate and sell, to meet your targets. While estate agents are paid a salary, their commissions are much more lucrative - so, the more you sell, the more you earn. If you have an interest in property and the housing market, then becoming an estate agent might be a good career choice.
Estate agent qualifications do not necessarily entail a degree, but it is recommended. A postgraduate qualification is not necessary, as professional exams may be taken once you enter into the role and gain a little experience. There are many estate agents who are present in the market. This is evident from the numerous estate agent signs you will come across when driving through the country, but it has the potential to be a lucrative career field, because of the sheer volume and value of property sales that take place in the UK. In fact, estate agents are known to draw very lucrative paychecks at the end of the month.
Of course, you could skip the entire process of hiring an estate agent and sell your home to us here at Fast Sale Today. We pay cash for homes and close within 28 days. Very often, our sellers walk away with more cash than they would have had they used an agent. Contact us today to learn how we can help you.
Remember we offer home sellers a FREE, no obligation valuation as well as the following: