Estate agent | Average UK Salary & Outlook

Estate agents sell and rent out commercial and residential property, acting as negotiators between buyers and sellers.

Typical task
Working hours
Attractive values

Prepare documents such as representation contracts, purchase agreements, closing statements, deeds, and leases.
Present purchase offers to sellers for consideration.
Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.
Generate lists of properties that are compatible with buyers' needs and financial

Prepare documents such as representation contracts, purchase agreements, closing statements, deeds, and leases.
Present purchase offers to sellers for consideration.
Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.
Generate lists of properties that are compatible with buyers' needs and financial resources.
Confer with escrow companies, lenders, home inspectors, and pest control operators to ensure that terms and conditions of purchase agreements are met before closing dates.
Promote sales of properties through advertisements, open houses, and participation in multiple listing services.
Compare a property with similar properties that have recently sold to determine its competitive market price.
Coordinate property closings, overseeing signing of documents and disbursement of funds.
Interview clients to determine what kinds of properties they are seeking.
Contact previous clients for prospecting of referral business.
Review property listings, trade journals, and relevant literature, and attend conventions, seminars, and staff and association meetings, to remain knowledgeable about real estate markets.
Answer clients' questions regarding construction work, financing, maintenance, repairs, and appraisals.
Coordinate appointments to show homes to prospective buyers.
Contact property owners and advertise services to solicit property sales listings.
Advise sellers on how to make homes more appealing to potential buyers.
Advise clients on market conditions, prices, mortgages, legal requirements, and related matters.
Display commercial, industrial, agricultural, and residential properties to clients and explain their features.
Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting.
Arrange for title searches to determine whether clients have clear property titles.
Develop networks of attorneys, mortgage lenders, and contractors to whom clients may be referred.
Review plans for new construction with clients, enumerating and recommending available options and features.
Inspect condition of premises, and arrange for necessary maintenance or notify owners of maintenance needs.
Visit properties to assess them before showing them to clients.
Investigate clients' financial and credit status to determine eligibility for financing.
Evaluate mortgage options to help clients obtain financing at the best prevailing rates and terms.
Appraise properties to determine loan values.
Contact utility companies for service hookups to clients' property.
Solicit and compile listings of available rental properties.

Average salary
29,696 GBP *
per year

Average salary for Estate agent

Big gender gap

33,569 GBP
26,893 GBP

Average salary for part-time Estate agent

Average salary for full-time Estate agent

Showing:

11,885 GBP
11,270 GBP

29,696 GBP
26,893 GBP
33,569 GBP

Salary over time for Estate agent

Salary for this role has increased over time

29,836 GBP
28,405 GBP
28,710 GBP
30,397 GBP
29,285 GBP
29,696 GBP
29,386 GBP
32,979 GBP

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Future outlook for Estate agents

Balanced outlook

29 000+ jobs available

Balanced outlook

1% yearly wage growth (on average)

Balanced outlook

45% chance of automation in the future

Which qualifications do I need?

Find out what you need to know in order to become a Estate agent and the highest average level of education for people in this role.

In terms of people already doing this job:

43% of people in this role have GCSEs or equivalent
24% of people in this role have a post-secondary qualification such as a Higher National Diploma
10% of people in this role have do not have GCSEs or equivalent qualifications

You'll need:

to be thorough and pay attention to detail
thinking and reasoning skills
excellent verbal communication skills
legal knowledge including court procedures and government regulations
analytical thinking skills
knowledge of English language
maths knowledge
patience and the ability to remain calm in stressful situations
to be able to use a computer and the main software packages competently

Get the right qualification to begin your journey to becoming a Estate agent

Real Estate

What soft skills do I need?

Rise above the competition by brushing up on the 5 most important soft skills you need to become a Estate agent.

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

Speaking Talking to others to convey information effectively

Negotiation Bringing others together and trying to reconcile differences

Coordination Adjusting actions in relation to others' actions

Social Perceptiveness Being aware of others' reactions and understanding why they react as they do

What technical skills do I need?

Technical skills are programmes, softwares and things you need to know in order to be a successful Estate agent. Check that you know:

Customer relationship management CRM software DataBasix Technologies Lead Commander; Microsoft Dynamics

Data base user interface and query software Argosy Legal Systems Power Closer; Front Desk; Showing Suite; Yardi

Expert system software CMA Stuffers; ProForce Ultimate Brochures; Reveal Systems Truewire; RPIS Silent Flyer

Financial analysis software Real estate application contract transmission REACT software; RealData Comparative Lease Analysis; TimeValue software; Wheatworks Real Estate Calculator Suite

Graphics or photo imaging software Easypano Tourweaver; Iseemedia Photovista Panorama; Panoweaver Panorama; The IPIX Real Estate Wizard hometour360 Wizard

Improve your skills today

Real Estate

Integrity Job requires being honest and ethical. Dependability Job requires being reliable, responsible, and dependable, and fulfilling obligations. Stress Tolerance Job requires accepting criticism and dealing calmly and effectively with high stress situations. Initiative Job requires a willingness to take on responsibilities and challenges. Achievement/Effort Job requires establishing and maintaining personally challenging achievement goals and exerting effort toward mastering tasks.

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Estate agent | Average UK Salary & Outlook

Salary statistics

Similar Courses

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Certified Real Estate Agent Assistant

Certificate in Commercial Real Estate

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Introduction to Real Estate Fund Management

Future outlook for Estate agents

Estate agent - Your future job?

Which qualifications do I need?

What soft skills do I need?

What technical skills do I need?

Things to highlight for your Estate agent interview

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