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§ OCCUPATION · GLOBAL STANDARDS

real estate agent

Real estate agents administer the sales or letting process of residential, commercial properties or land on behalf of their clients.

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Description

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.

Theoretical Knowledge
ESSENTIALTheoretical knowledge required
mortgage loansproperty lawcontract lawreal estate marketcustomer serviceoffice administration
OPTIONALAdjacent knowledge that strengthens fit
concurrent estateenergy performance of buildingsmodern portfolio theorybuilding codesvirtual realitybuilding construction principlesaccounting techniquestypes of insuranceadvertising techniques
Practical Skills
ESSENTIALApplied skills & competences
prospect new customersprepare real estate contractliaise with property ownersmanage contractsmaintain financial recordsidentify customer's needsobtain financial informationinform on renting agreementsvalue propertiesmaintain relationship with customersprovide information on propertiesperform property market researchcompare property valuesadvise on property value
OPTIONALOptional competences
protect client interestsmanage contract disputesreview closing proceduresliaise with local authoritiesorganise a damage assessmentorganise property viewingexamine the conditions of buildingsplan buildings maintenance worknegotiate with property ownersmonitor title procedureshandle tenant changeovercollect property financial informationprepare sales checksanalyse insurance needsexamine credit ratingscreate a financial planestimate profitabilityadvise on investmentprocess paymentsassist in loan applicationswrite inspection reportsprepare inventory of propertiesconsult credit scoreliaise with advertising agenciesexamine mortgage loan documentsattend trade fairsanalyse loansperform contract compliance audits

GLOBAL RESOURCE

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SKILLS OVERVIEW

57 total
20 essential · 37 optional

Data Source: Unified Global Standards (ISCED, ISCO, O*NET, ESCO)

© 2026 DESTINAI · BETA 1.0 · ISCED ISCO O*NET ESCO
CareersSkillsPrivacyTermsEU AI Act notice