Job Duties and Tasks for: "Real Estate Broker"
1) Sell, for a fee, real estate owned by others.
2) Obtain agreements from property owners to place properties for sale with real estate firms.
3) Monitor fulfillment of purchase contractterms to ensure that they are handled in a timely manner.
4) Compare a property with similar properties that have recently sold, in order to determine its competit
ive market price.
5) Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details, and during the closing of sales.
6) Generate lists of properties for sale, their locations and descriptions, and availablefinancing options, using computers.
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Knowledge, Experience, Education Required for: "Real Estate Broker"
1) Sales and Marketing -- Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
2) Customer and Personal Service -- Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
3) English Language -- Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
4) Administration and Management -- Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
5) Clerical -- Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.
6) Mathematics -- Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
7) Law and Government -- Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
8) Computers and Electronics -- Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
9) Economics and Accounting -- Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
10) Building and Construction -- Knowledge of materials, methods, and the tools involved in the construction or repair of houses, buildings, or other structures such as highways and roads.
11) Personnel and Human Resources -- Knowledge of principles and procedures forpersonnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information system
Job Duties and Tasks for: "Real Estate Broker"
1) Sell, for a fee, real estate owned by others.
2) Obtain agreements from property owners to place properties for sale with real estate firms.
3) Monitor fulfillment of purchase contractterms to ensure that they are handled in a timely manner.
4) Compare a property with similar properties that have recently sold, in order to determine its competitive market price.
5) Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details, and during the closing of sales.
6) Generate lists of properties for sale, their locations and descriptions, and availablefinancing options, using computers.
7) Maintain knowledge of real estate law, local economies, fair housing laws, and types of available mortgages, financing options and government programs.
8) Check work completed by loan officers, attorneys, and other professionals to ensure that it is performed properly.
9) Arrange for financing of property purchases.
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10) Appraise property values, assessing income potential when relevant.
11) Maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of the area where a property is located.
12) Manage and operate real estate offices, handling associated business details.
13) Supervise agents who handle real estate transactions.
14) Rent properties or manage rental properties.
15) Arrange for title searches of properties being sold.
16) Give buyers virtual tours of properties in which they are interested, using computers.
17) Review property details to ensure that environmental regulations are met.
18) Develop, sell, or lease property used for industry or manufacturing.
19) Maintain working knowledge of various factors that determine a farm's capacity to produce, including agricultural variables and proximity to market centers and transportation facilities.
