What does a Real Estate Broker do?

According to people in this career, the main tasks are...

TaskImportance
Sell, for a fee, real estate owned by others.
92%
Obtain agreements from property owners to place properties for sale with real estate firms.
89%
Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
87%
Supervise agents who handle real estate transactions.
85%
Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
83%
Manage or operate real estate offices, handling associated business details.
83%
Compare a property with similar properties that have recently sold to determine its competitive market price.
82%
Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
81%
Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
81%
Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
77%
Rent properties or manage rental properties.
76%
Maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of a property's area.
73%
Arrange for financing of property purchases.
73%
Arrange for title searches of properties being sold.
70%
Develop, sell, or lease property used for industry or manufacturing.
69%
Give buyers virtual tours of properties in which they are interested, using computers.
67%
Appraise property values, assessing income potential when relevant.
65%
Review property details to ensure that environmental regulations are met.
64%
Maintain working knowledge of various factors that determine a farm's capacity to produce, such as agricultural variables and proximity to market centers and transportation facilities.
30%