Estate Agent Jobs
Are you thinking about making a career change? If so, estate agent jobs are an excellent avenue for career changers who want to enter an exciting and dynamic industry. Read on to find out more.
With a market share of £14 billion in the UK, a career as an estate agent has plenty of room for professional growth and development and significant earning potential. In this guide, we will walk you through the process of transitioning to a career as an estate agent, leveraging your existing transferable skills, and setting yourself up for success in your new career.
The Role of an Estate Agent
Estate agents play a pivotal role in the real estate industry, working closely with clients, solicitors, and other professionals to facilitate property transactions. Whether specialising in residential or commercial properties, their responsibilities encompass valuing and marketing properties, negotiating optimal prices, and assisting clients in buying, selling, or renting properties.
To succeed in this field, estate agents must possess strong interpersonal and communication skills, maintaining a customer-centric approach throughout the process. Additionally, they collaborate with various entities such as banks, mortgage brokers, surveyors, and solicitors to ensure smooth transactions, and some may handle sales through auctions.
Skills and Qualifications Needed to Become an Estate Agent
As a career changer, you likely possess valuable transferable skills that align with the requirements of an estate agent. The ability to build relationships, negotiate effectively, and manage time efficiently are all valuable assets in the real estate industry.
While a formal degree isn’t mandatory, obtaining an estate agent license and relevant certifications will boost your credibility and marketability. That being said, with increased competition in the job market, having a degree, foundation degree or HND in one of the following subjects can give you an edge over the competition:
- business-related studies
- civil and structural engineering
- estate management
- property development/management
- urban and land studies
As a trainee estate agent, you can expect starting salaries of around £14,000 to £20,000, with the potential to earn more through on-target earnings (OTE).
As you gain experience, your earnings can rise to an exciting range of £25,000 to £60,000, plus commission.
If you reach certain management positions, especially in high-end London agencies, you could be earning as much as £100,000.
Estate agent salaries usually include a basic amount and commission based on a percentage of your sales. So, the more sales you close, the bigger your paycheck gets. Factors like location, qualifications, firm size, and the economic climate play a part in determining your exact earnings.
Remember, the figures mentioned here are just a guide to give you an idea. With hard work, dedication, and a little bit of luck, you could hit those salary milestones and go beyond!
Finding Estate Agent Jobs for Career Changers
Transitioning to a career as an estate agent can be a rewarding journey, particularly for career changers like you.
All that’s left to do now is begin the job search! The Refreshing a Career estate agent job board is packed with all the latest opportunities in your area.
And that’s not all. We have tons of useful help and advice for career changers including dedicated guides on How to Become Self-employed in the UK, How to Retrain, Interview Tips, and much, much more.