Most real estate agents begin their day by looking at the previous day's market activity. This is usually on a downloaded or online "hot sheet" report. It tells them what sold, new listings, price changes and other activity in their market.
There are usually some closing transaction items to take care of:
If you're doing deals, there are multitudes of action items, deadlines and deliveries involved. A busy agent spends time each day in getting paperwork to the right places, explaining contract items to clients, coordinating inspections, reviewing documents and more. If you don't like detail and long laundry lists of to-do items, then find ways to streamline the process with technology or get an assistant.
Working with buyer prospects and clients:
Working with buyer clients isn't just driving them around looking at homes or other properties. There's a great deal of preparation involved in determining their needs, finding suitable properties and gathering information to help your buyer clients to make decisions.
Getting, keeping and servicing listings:
Listings have always been the bread and butter of the real estate business. To serve sellers a real estate agent needs to possess excellent market knowledge, marketing skills, negotiation ability and much more.
A good agent can't stop learning - ever:
Most states require a certain number of hours of ongoing real estate business education to renew a license. However, most successful agents and brokers go far beyond the basic requirement and educate themselves about all facets of the business.
Value to Your Real Estate Clients is Your Knowledge and Professionalism:
The complexity of a real estate transaction and the large amounts of money involved are things that concern most home buyers and sellers. Part of your value to them as a real estate professional is your knowledge of the process.
Helping your clients with contracts, negotiations, inspections, and closing processes is a large part of your job. Continual education to keep up with laws and the market is a big part of the life of a real estate agent or broker.
By James Kimmons