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Estate Agents & Auctioneers

Description

Estate agents and auctioneers arrange for the valuation, sale, purchase, rental and leasing of property on behalf of clients.

Tasks

Discusses client’s requirements and may advise client on the purchase of property and land for investment and other purposes

Conducts or arranges for structural surveys of properties and undertakes any necessary valuations of property or agricultural land

Advises vendors and purchasers on market prices of property, accompanies clients to view property

Markets the property on behalf of the vendor, prepares written information and press advertisements

Negotiates land or property purchases, sales, leases or tenancy agreements and arranges legal formalities with solicitors, building societies and other parties

Makes inventories of property for sale, advises vendor of suitable reserve price, issues catalogues, conducts auction, notes bids and records sale.

Educational Requirements

There are no formal academic entry requirements although entrants to professional training via the National Federation of Property Professionals (NFOPP) will normally possess GCSEs/S grades, an NVQ/SVQ and/or relevant experience. Off- and on-the-job training is possible, and apprenticeships are available in some areas.