Estate agent or auctioneer

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

Tasks

  • Discusses clients' 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.

Typical Education Level

Level 1-3

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.

Will retirement created job openings

In the UK, 16% in this profession are aged 55 or above.* They will likely retire in the next 10 years, creating a demand for new workers

*This is based on national data

£19,598

Average annual earnings

The current average wage for estate agent or auctioneer is £19,598

2,481 positions

Current Employment

The number of jobs in the career for the current year is 2,481. Job counts include both employed and self-employed persons, and do not distinguish between full- and part-time jobs.

91 jobs

Job Postings

Over the past year, 91 jobs have been posted for estate agent or auctioneer roles.

How well does it pay?

Normal pay for this occupation is £19,598 per year. That is about £1,633 per month or £10.05 per hour. New workers generally start on £13,182, while highly experienced workers can earn as much as £37,070

Is it growing or declining?

This career has remained the same over the last 2 years, and is expected to remain the same over the next 4 years. Currently, 2,481 people are employed in the region.

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