Real estate agents administer the sales or letting process of residential, commercial properties or land on behalf of their clients. They investigate the property's condition and assess its value in order to offer the best price to their clients. They negotiate, compose a sales contract or a rental contract and liaise with third parties in order to realize the stated objectives during transactions. They undertake research to determine the legality of a property sale before it is sold and make sure the transaction is not subject to any disputes or restrictions.

Tasks

Tasks include -
(a) Obtaining information about properties to be sold or leased, the circumstances of their owner and the needs of prospective buyers or tenants;
(b) Showing properties to be sold or leased to prospective buyers or tenants and explaining terms of sale or conditions of rent or lease;
(c) Facilitating negotiations with tenants and owners on rents and fees;
(d) Drawing up leasing and sale agreements and estimating costs;
(e) Arranging signing of lease agreements and transfer of property rights;
(f) Collecting rent and bond monies on behalf of owner and inspecting properties before, during and after tenancies;
(g) Ensuring the availability of workers to perform maintenance of the properties.