What does a Realtor do?

Realtors operate as licensed real estate agents and work as a representative with either the property buyer, seller, or both entities. They help buyers to define their desired property and amenity requirements as well as their price point. Realtors provide buyers with appropriate options that meet their agreed-upon requests and price point. They can represent a seller by helping them determine and set their sale price and calculation of their home value as well as the marketing of their listed property.

Realtors bring clients to properties on the market and make offers or negotiate the terms of property purchases on behalf of their clients. When a deal is reached, they serve as the point person through the property escrow process and ensure the sale is properly transacted and completed in such a way that their clients’ best interests remain paramount. If they represent the seller, they will strive to secure serious and qualified potential buyers as well as the best possible sale price. A realtor needs to have working knowledge of the local market and relevant information including past sales, demand, and inventory and will need a high school diploma or equivalent and the completion of a real estate training program or college courses in real estate. Realtors also need 1-3 years of experience as a real estate sales agent and a state license.

Education--
Work/Life Balance
4.1 ★
Salary Range--
Career Opportunity
4.1 ★
Avg. Experience8+ years

Realtor Salaries

Average Base Pay

£26,243 /yr
Same as national average
Not including cash compensation
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Not enough salaries reported to show distribution
£17K
Median: £26K
£40K
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Glassdoor Estimated Salary

Realtor Career Path

Learn how to become a Realtor, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

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Realtor Insights

Read what Realtor professionals have to say about their job experiences and view top companies for this career.
Combined InsuranceCombined Insurance
Licensed Agent
11 Oct 2021

“Compensation is regularly incorrect and late( I was not paid my commission for two months for work performed and completed.”

Mike's CarwashMike's Carwash
Car Washer
23 Jun 2019

“Mike's does a great job of offering incentives for doing good work and sticking to their business model.”

Okay.comOkay.com
Consultant Real Estate Agent
1 Dec 2019

“The company gives all the tools necessary to have a successful career and build a good personal brand.”

eXp RealtyeXp Realty
Real Estate Agent
28 Dec 2020

“Our founder is amazing in that he acknowledges our short comings and does his best to address them.”

Platinum Real EstatePlatinum Real Estate
Real Estate Agent
19 Oct 2020

“Luther Ragsdale is an exceptional broker who provides 1:1 coaching and weekly training to agents.”

RE/MAXRE/MAX
Realtor
23 Apr 2021

“I was lucky to have worked with an excellent real estate principal broker and awesome associates.”

Cooper & Cooper Real EstateCooper & Cooper Real Estate
Real Estate Agent
1 Jul 2020

“No work/life balance but this is NYC real estate and it's up to you.”

Keller WilliamsKeller Williams
Real Estate Agent
22 Aug 2019

“Great training not just in real estate contracts and managing clients but training in running a business.”

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Realtor Interviews

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