Different Jobs in an Estate Agency Flashcards

1
Q

Which 3 services do estate agents typically offer?

A
  1. ) Property sales
  2. ) Rentals
  3. ) Property management
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2
Q

Which services may a smaller agency choose to offer?

A

Either only property rentals or sales services.

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3
Q

What are staff who deal with rentals typically focussed on?

A

Administrative duties.

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4
Q

What do estate agents spend the majority of their time on?

A

Sales activities.

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5
Q

What do estate agents generally specialise in? What would they deal with otherwise?

A
  • Property transactions for the domestic market.

- Or they will deal with businesses that need commercial/industrial property services.

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6
Q

Commercial property?

A

Property/buildings that accommodates activities intended to make a profit.

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7
Q

Industrial property?

A

Any building used for manufacturing, processing, storing or shipping products.

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8
Q

Property negotiator?

A

A person who sells properties that have never been on the market before.

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9
Q

Examples of types of properties which haven’t been on the market before?

A
  • New builds that are sold by property developers.

- Private owners who have turned their land into multiple properties.

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