Potential earnings
£45,000.87
Estate agents and auctioneers arrange for the valuation, sale, purchase, rental and leasing of property on behalf of clients, as well as the auction of livestock and antiques.
Main tasks
- Makes inventories of property for sale, advises vendor of suitable reserve price, issues catalogues, conducts auction, notes bids and records sale.
- Negotiates land or property purchases, sales, leases or tenancy agreements and arranges legal formalities with solicitors, building societies and other parties.
- Markets the property on behalf of the vendor, prepares written information and press advertisements.
- Advises vendors and purchasers on market prices of property, accompanies clients to view property.
- Conducts or arranges for structural surveys of properties and undertakes any necessary valuations of property or agricultural land.
- Discusses client’s requirements and may advise client on the purchase of property and land for investment and other purposes.
Source: Office for National Statistics.
Salary and earnings
Average earnings
£21,848.00
Source: Office for National Statistics' Annual Survey of Hours and Earnings (ASHE).
Skills & knowledge
The top 5 most important skills and knowledge requirements relevant to this career.
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.
Reading Comprehension
Understanding written sentences and paragraphs in work related documents.
Mathematics
Using mathematics to solve problems.
Writing
Communicating effectively in writing as appropriate for the needs of the audience.
Critical Thinking
Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Customer and Personal Service
Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
Sales and Marketing
Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
Law and Government
Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
Administration and Management
Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modelling, leadership technique, production methods, and coordination of people and resources.
Mathematics
Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
What course level do I need to study?
The level of study required will vary with each job, sector and company. The table below shows the level of study achieved by those currently working in this career choice.
Educational requirements: Level 3 NVQ; A Levels
Source: Office for National Statistics.
| Level of study | Percentage achieved |
|---|---|
| Level 0 | 2% |
| Level 1 | 7% |
| Level 2 | 26% |
| Level 3 | 33% |
| Level 4-5 (Higher Education) | 8% |
| Level 6 (Bachelors) | 22% |
| Level 7 (Masters or equivalent) | 2% |
| Level 8 (Doctorate) | 1% |
Source: Labour Force Survey (LFS) data.
Similar careers
Customer Service Supervisors
Customer service supervisors oversee operations and directly supervise and coordinate the activities of a customer services team dealing with the responses, complaints or further requirements of purchasers and users of a product or service.
Average Salary:
£31,917.00
Bed and Breakfast and Guest House Owners and Proprietors
Bed and breakfast and guest house owners and proprietors plan, organise, direct and co-ordinate the activities and resources bed and breakfasts and guest houses.
Average Salary:
£20,400.00
Economic data for careers is provided by Lightcast and also available through our Career Coach app. Job postings, employment and earnings information is represented at the regional level for the East Midlands.
