Real Estate Agency Principals
Real Estate Agency Principals manage the overall activities of real estate agencies.
- The Job
- The Facts
- Related Courses
What the job involves
- Accepts and lists properties and businesses for sale and lease, conducts inspections, and advises buyers on the merits of properties and businesses and the terms of sale or lease
- Advises vendors of sales and marketing options such as sale by auction and open house inspections
- Catalogues and details land, buildings and businesses for sale or lease and arranges advertising
- Assesses buyers' needs and locates properties and businesses for their consideration
- Offers valuations and advice for buying and selling properties and businesses, and structures the terms of settlement
- Collects and holds rent monies from tenants, and remits to owner on agreed basis
- Monitors and addresses non-compliance with terms and conditions of tenancy and pursues rental arrears
- Develops and implements business plans, budgets, policies and procedures for the agency
- May arrange finance, land brokerage, conveyancing and maintenance of premises
Key values of workers in Real Estate Agency Principals
Achievement
Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment. Corresponding needs are Ability Utilization and Achievement.
Relationships
Occupations that satisfy this work value allow employees to provide service to others and work with co-workers in a friendly non-competitive environment. Corresponding needs are Co-workers, Moral Values and Social Service.
Working Conditions
Occupations that satisfy this work value offer job security and good working conditions. Corresponding needs are Activity, Compensation, Independence, Security, Variety and Working Conditions.
Recognition
Occupations that satisfy this work value offer advancement, potential for leadership, and are often considered prestigious. Corresponding needs are Advancement, Authority, Recognition and Social Status.
Support
Occupations that satisfy this work value offer supportive management that stands behind employees. Corresponding needs are Company Policies, Supervision: Human Relations and Supervision: Technical.
Top skills required for workers in Real Estate Agency Principals
Reading Comprehension
Understanding written sentences and paragraphs in work-related documents.
Active Listening
Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Critical Thinking
Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
Active Learning
Understanding the implications of new information for both current and future problem-solving and decision-making.
Negotiation
Bringing others together and trying to reconcile differences.