Real estate agents assist people through the process of buying, selling and renting land, homes and other properties. In addition to staying current with real estate laws and trends, real estate agents are tasked with a multitude of daily duties and responsibilities, from lead generation and marketing, to open houses and property closings. One of the appealing aspects of working as a real estate agent is that each day is different, and responding to the changing needs of buyers and sellers often means shifting gears at the last minute. Although every day is unique, there are some activities that may be typical in a day in the life of a real estate agent.
Working with Clients
Whether working on behalf of buyers or sellers, real estate agents typically spend time each day working directly with clients. A seller’s agent, for example, may spend time preparing a listing presentation, taking digital photographs of the property and staging the home so it shows well. A buyer’s agent, on the other hand, may spend time combing through the MLS to find appropriate listings, printing or emailing the listings to the potential buyers and showing the property to interested buyers. Real estate agents also accompany clients to inspections, meetings with loan officers, closings and other activities where their presence is either required or requested.
Meetings and Tours
Regular office meetings allow agents to share their new listings, update other agents on price reductions and discuss buyers’ needs, and can help agents line up buyers and sellers.
Some agents participate in MLS tours to view a number of new listings each week or each month. This can help agents narrow the search for a buyer since they have seen the properties firsthand and can share detailed information with buyers. Likewise, an MLS tour can be beneficial to agents who are working with sellers: after seeing the competition, it may be easier to determine a good listing price for the seller’s property.
Real estate agents balance their time between daily administrative duties and income-producing activities. Often, this means spending time at the real estate office (or a home office), meeting with clients, staging or showing homes and traveling. Most agents have a long and varied list of daily duties and responsibilities that can change with little or no notice. As a result, there may be no such thing as a typical day in the life of a real estate agent – an aspect of the job many agents find attractive.