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Estate agents and auctioneers

£10,400 Average salary at age 20
£25,480 Average Salary
36 Average hours per week

Description

Estate agents and auctioneers arrange for the valuation, sale, purchase, rental and leasing of property on behalf of clients.

Main Tasks

  • Discusses client’s requirements and may advise client on the purchase of property and land for investment and other purposes;
  • Conducts or arranges for structural surveys of properties and undertakes any necessary valuations of property or agricultural land;
  • Advises vendors and purchasers on market prices of property, accompanies clients to view property;
  • Markets the property on behalf of the vendor, prepares written information and press advertisements;
  • Negotiates land or property purchases, sales, leases or tenancy agreements and arranges legal formalities with solicitors, building societies and other parties;
  • Makes inventories of property for sale, advises vendor of suitable reserve price, issues catalogues, conducts auction, notes bids and records sale.

Qualifications

There are no formal academic entry requirements although entrants to professional training via the National Federation of Property Professionals (NFOPP) will normally possess GCSEs/S grades, an NVQ/SVQ and/or relevant experience. Off- and on-the-job training is possible, and apprenticeships are available in some areas.

What Estate agents and auctioneers studied in higher education

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What Estate agents and auctioneers studied in higher education
Occupation Percentage Value
(L7) Human & social geography2
(G1) Mathematics1
(W2) Design studies2
(L3) Sociology3
(C1) Biology1
(C8) Psychology5
(W1) Fine art1
(V3) History by topic2
(W3) Music1
(F8) Physical geographical sciences3
(D4) Agriculture2
(R9) Others in European languages, literature & related subjects1
(Q3) English studies3
(L2) Politics3
(K2) Building2
(R1) French studies1
(N5) Marketing2
(W4) Drama1
(M1) Law by area2
(M2) Law by topic3
(N8) Hospitality, leisure, sport, tourism & transport2
(B9) Others in subjects allied to medicine1
(P5) Journalism2
(L1) Economics2
(K0) Broadly-based programmes within architecture, building & planning1
(N1) Business studies14
(X3) Academic studies in education1
(L5) Social work1
(V6) Theology & religious studies1
(X1) Training teachers1
(K4) Planning (urban, rural & regional)4
(N4) Accounting1
(C6) Sport & exercise science4
(P3) Media studies2
(N2) Management studies9
(V1) History by period3
(N3) Finance1
(Q8) Classical studies1
(I1) Computer science1

UK Prospects

50800 Workforce Size
6.33% Predicted growth 2021 - 2027
12277 Predicted Replacement 2021 - 2027

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