House Agent

Aliases: Property Agent, Estate Agent

Industry/Sector(s): Real Estate

JOB DESCRIPTION ¹

The tasks a House Agent is expected to perform include:

Assisting house owners and tenants in renting out and securing accommodation on commission basis
Contacting house owners of vacant houses, flats, shops, etc., and contacting prospective tenants
Obtaining details regarding the accommodations available, rent, etc., and informing the clients about the same
Publicizing accommodation available for lease or rent
Taking the clients to the site and showing them the available accommodation
Negotiating between the house owners and prospective tenant, and helping them arrive at an agreeable price
Collecting rent and managing property on behalf of clients if so agreed

WORK ENVIRONMENT ^{1, 2}

It is a field job
Need not handle a team
Local travelling is a part of this job role
Part-time work and contractual jobs are available
Work from home option is not available

Working hours

Organizations usually work for 5/6 days a week and 8/9 hours everyday. This may vary from organization to organization
Shift system may be available
Overtime may be required
Being self-employed is also an option. In this case, work timings and days will be flexible

Is the job suitable for a candidate with special needs?

This job is suitable for candidates with One Leg (OL), People with One Arm (OA), Low Vision (OL) and those who have their Hearing Impaired (HH)

This may vary from organization to organization

EDUCATIONAL QUALIFICATIONS AND TRAINING ⁴

Preferably, graduate

KEY COMPETENCIES ¹

Detailed knowledge of the real estate and housing sector
Working knowledge of the documentation involved
Efficiency in analysing and scrutinizing prevailing pricing in the housing sector
Basic knowledge of the factors affecting the price fluctuation
Ability to advise clients as per their budget and requirement
Well-versed with selling and marketing techniques
Proficiency in effective networking

DESIRABLE COMPETENCIES ¹

Good negotiation skills
Good communication skills
Good interpersonal skills

AVAILABLE SKILL TRAINING AND LEARNING INSTITUTES

Colleges across India

AVAILABLE SKILL TRAINING SCHEMES/SCHOLARSHIPS

For scholarship and schemes, use further links like:

https://scholarships.gov.in/

SAMPLE OF TRAINING AND LEARNING COURSES

CAREER PROGRESSION PATH ³

Estate Sub-Agent → House Agent → Property Dealer → Property Manager → Managing Director

The progression is indicative

EXPECTED EARNINGS ⁴

For candidates with experience – Rs 25,000 to Rs 45,000 per month

These figures are indicative and subject to change

REQUIRED WORK EXPERIENCE ⁴

Generally, 1-5 years of experience is required

PROBABLE EMPLOYERS ⁴

Construction organizations
Real estate consulting services
Real estate developers
Housing organizations
Property dealers
Sellers/buyers of a property
Self-employed

KEYWORDS

Real Estate Agent
Property Agent
House Agent
Real Estate Salesperson
Realtor

OCCUPATIONAL CODES AND STANDARDS

Standard	Code	Description
NCO 2015	3334.0200	House Agent
ISCO 2008	3334	Real Estate Agents and Property Managers
NIC 2008	68200	Real estate activities on a fee or contract basis
QP Reference	Not available	Not available
NSQF	Not available	Not available

REFERENCES

1	http://dget.nic.in/upload/uploadfiles/files/publication/Des-Div-3.pdf
2	www.shine.com www.timesjob.com www.naukri.com
3	http://www.placementindia.com
4	https://socialjustice.gov.in/
5	http://www.kpmg.com/IN/en/IssuesAndInsights/ArticlesPublications/Documents/Indian-real-estate-Opening-doors.pdf
6	http://www.realtor.com/advice/whats-difference-real-estate-salesperson-broker http://businesstoday.intoday.in/story/home-buying-with-new-breed-of-brokers/1/185131.html
7	http://www.bia.gov/cs/groups/xraca/documents/text/idc-041000.pdf

Disclaimer: We hereby declare that utmost care has been taken to ensure that the content provided here is valid and relevant. Given the dynamic nature of the information, it may vary across organizations, institutes, cities, and states in India. The publisher, author, and printer will not be held liable or responsible for any discrepancy in the content. This content should be used for reference purpose only; it is not intended to be a substitute for professional advice or used for any commercial purposes. The contact details and website links provided in the content may have changed from the time of creation till its printing/publication. The company names that have been cited are for example purpose only. The Directorate does not endorse any of the said organizations.

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