Different Jobs in an Estate Agency Flashcards
Which 3 services do estate agents typically offer?
- ) Property sales
- ) Rentals
- ) Property management
Which services may a smaller agency choose to offer?
Either only property rentals or sales services.
What are staff who deal with rentals typically focussed on?
Administrative duties.
What do estate agents spend the majority of their time on?
Sales activities.
What do estate agents generally specialise in? What would they deal with otherwise?
- Property transactions for the domestic market.
- Or they will deal with businesses that need commercial/industrial property services.
Commercial property?
Property/buildings that accommodates activities intended to make a profit.
Industrial property?
Any building used for manufacturing, processing, storing or shipping products.
Property negotiator?
A person who sells properties that have never been on the market before.
Examples of types of properties which haven’t been on the market before?
- New builds that are sold by property developers.
- Private owners who have turned their land into multiple properties.