Job Title: Administrative Assistant
Type of Company: Two different real estate agencies.
Education: BA, Science, University of Nebraska
Previous Experience: I worked for a law firm that specialized in mortgage banking. I also worked in research for a chamber of commerce.
Job Tasks: In the real estate business, client communication is critical, so the first thing I do every day is to check my e-mails and phone messages. After I've dealt with any issues that arise out of those, I'll pick up work I hadn't finished or attempt to place some ads.
For new clients looking to sell a home, we often do a market analysis to see what kind of price the house might bring. Using detailed information on the state of the market and a list of "comps" -- prices that similar homes in the same area have brought in recent months -- we try to gauge what the sale price should be. This introductory market analysis is also a chance to make a good "first impression." If it turns out to be sloppy or inaccurate, the agent risks losing the client.
For clients who are buying a home, we comb the current listings to see what's available in the price range they've chosen, and then we try to sell them something more expensive.
Once a home is in contract, there are all sorts of details we have to take care of to ensure that the purchase goes through.
Best and Worst Parts of the Job: It is crucial that all the requirements for closing on a home have been completed before the contract gets signed, and these are numerous: termite inspections, appraisals, work to be done, etc. Otherwise the client will be major PO'ed.
In the field, you are highly dependent on technology - computers, printers, home lock boxes, and web sites. When any of these breaks down or fails to work, it reflects poorly on the agent and wastes everyone's valuable time.
Job Tips:
1.) You must be able to multi-task and determine what's important and what can wait.
2.) You must be able to work with people who are highly sensitive: selling or purchasing a home is very personal and emotional.
3.) You must be detailed-oriented: there is a lot of technical paperwork that is involved with real estate.
The inside stories from people actually working in the field.
Click a story title to show the story, and click the title again to hide it.
All Types
Career Stories are concise, real-world career overviews written by people relating their personal career experiences and wisdom. They provide invaluable insights and mentoring advice to students and career changers.
Most stories include:
Please also see our detailed information about Real Estate Sales Agents, including: