Realtor Job Description: Top Duties and Qualifications

Last updated: June 22, 2022

A Realtor, or Licensed Real Estate Agent, is responsible for using their qualifications and market knowledge to help clients purchase or sell commercial and residential properties. Their duties include researching available listings that align with their clients’ criteria, scheduling showing times to give clients tours of available properties and overseeing negotiations between their client and a buyer or seller.

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Realtor duties and responsibilities

A high-quality Realtor should be able to deal fairly with all parties while protecting the interests of their clients. Realtors should be able to collaborate with both clients and other agents to negotiate sales terms and prices. The following are more duties and responsibilities that a Realtor should be able to fulfill:

  • Develop a marketing plan for clients designed to attract and address the needs of buyers
  • Gather client information concerning their desired features in a home, financial ability, home types and neighborhoods of interest
  • Identify properties for sale through the multiple listing service and present them to clients
  • Pre-screen and qualify all potential buyers before allowing them onto a client’s property
  • Assist clients as they explore their financial options
  • Present all offers to clients
  • Preside over negotiations and advise clients on suitable courses of action
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What does a Realtor do?

Realtors typically work for realtor firms or as self-employed individuals to provide clients with beneficial guidance throughout the buying, selling or renting process. They work closely with Real Estate Brokers and other real estate professionals to get advice and learn about new listings. Their job is to find commercial or residential properties that reflect most or all of their clients’ needs. They may also be responsible for hiring and overseeing a team of Real Estate Agents at their firm to carry out client needs on their behalf.

Realtor skills and qualifications

Including a skills and qualifications category in your job description will help you find a capable and equipped Realtor. Here are some skills and qualifications to consider including in your Realtor’s job description:

  • Excellent negotiation skills with clients and other realtors to arrive at agreeable sales terms
  • Good verbal and written communication skills to be able to prepare documents and speak with client, financial professionals and other Realtors
  • Strong time management and organizational skills to keep track of appointments and commitments with buyers and sellers
  • Outstanding promotional and marketing skills to attract buyers and establish their client base through referrals, advertising and outreach
  • Knowledge of the local real estate market concerning average property prices, neighborhoods within sales territory and current trends
  • Great client service skills and ability to understand the needs of clients in terms of what they are looking for and what is practical within their price range

Realtor salary expectations

A Realtor makes an average of $78,577 per year. Salary may depend on level of experience, education and the geographical location. 

Realtor education and training requirements

It is important that you include this category in your job description to ensure you have a knowledgeable and trained candidate. While Realtors do not require a specific degree, they need to take several real estate classes and pass licensing examinations. Particularly, Realtors need to be members of the National Association of Realtors (NAR). The specific requirements for a Realtor vary from state to state. In some cases where a Realtor has a college degree in real estate, additional classes are unnecessary and can move directly to license examinations.

Realtor experience requirements

An experienced Realtor should have proven capabilities of excelling at the job. A candidate should have experience working as a Realtor or in a similar role, like a Real Estate Agent. They should also have an established record of closing deals. Experience in sales is also a plus for a Realtor. 

Job description samples for similar positions

If you’re looking for candidates for similar roles to the Realtor, see our job description templates for related positions:

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Frequently asked questions about Realtors

 

What is the difference between a Realtor and a Real Estate Agent?

Although Realtors and Real Estate Agents qualify to complete the same job duties, there are distinct differences between the two roles. The main differences between Realtors and Real Estate Agents are the types of employment they qualify for and the credentials they hold. For example, Real Estate Agents take and pass their state’s Real Estate Agent examination to receive their real estate license. This qualifies them to work for real estate agencies or Realtor firms. 

In contrast, Realtors are Real Estate Agents who have applied for and obtained a membership to a local Realtor association. Because of their additional qualifications, Realtors have the option to work as self-employed individuals.

 

What are the daily duties of a Realtor?

On a typical day, a Realtor starts by checking their email and voicemail to respond to time-sensitive messages from Brokers, clients or Real Estate Agents. They confirm schedules for house tours and review property details to relay to their clients. Throughout the day, they travel with their clients or meet them at property locations to show them around and persuade them to consider the property. They typically spend the day showing clients multiple properties before giving them time for reflection. 

Once Realtors get back to their office, they take notes of what clients liked and disliked about a property and complete a refined search on property listing websites.

 

What qualities make a good Realtor?

A good Realtor knows how to market themselves in their local area to establish and maintain consistent business with new or previous clients. They have a commitment to their clients and aim to make their buying or selling experience as seamless as possible. Further, a good Realtor understands the importance of continued learning and consistently reads up on market trends and local real estate facts. A good Realtor also has excellent written communication, enabling them to draft real estate contracts and marketing materials for their clients.

 

Who does a Realtor report to?

Realtors usually report to their local Realtor association. This is because they obtained licensure to practice through this association and usually operate their own firm. Realtors can also report indirectly to their clients to answer questions, find the right properties and meet specific deadlines for their requests.

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