What Does a Realtor® Do To Earn Their Commission?

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Yes, Realtors® are most known for helping people buy and sell real estate, but MOST of the work is done behind the scenes. The best Realtor® is one that makes the transaction flow so smoothly, therefore leaving you thinking “WOW, I bet that job is pretty simple”.  Fact is – this couldn’t be further from the truth!

Here’s an infographic to full illustrate how many balls your Realtor® is juggling at one time! (thanks www.greatcoloradohomes.com for the great imagery!)

A_Day_In_The_Life_Of_A_Realtor

 

Exhausting right?  On top of the above responsibilities, here’s a list of the COMMON things your Realtor® must do to make the transaction go smoothly:

 

Common REALTOR® Responsibilities:

  • Schedule Showings
  • Schedule Listing Appointments
  • Maintain Required Continuing Education
  • Deliver Earnest Money On Time
  • Coordinate Property Inspections
  • Keep Up With Mortgage Company Progress
  • Verify Buyer’s New Homeowner’s Insurance
  • Coordinate Home Warranty Company
  • Negotiate Counteroffers
  • Schedule Closings
  • Attend Closings
  • Get All Disclosures Delivered & Signed
  • Keep The Transaction On Track
  • Provide Educational Materials to Consumers
  • Keep Your Blog Active
  • Maintain Active Social Media Profiles
  • Answer the Phone ALL DAY & NIGHT
  • Return Missed Phone Calls
  • Return Emails ASAP
  • Follow Up With Website Inquiries
  • Keep Up With Changing Laws
  • Run Comparables for Buyers & Sellers
  • Determine Accurate Pricing
  • Help Stage & Present Properties
  • Meet the Appraiser at Property
  • Meet the Inspector(s) at Property
  • Show Hundreds-Thousands of Homes Each Year
  • Get Signed Contract to Title Company
  • Negotiate Repairs
  • Keep Clients Updated With Each Step
  • Provide Comps for the Appraiser
  • Coordinate Closing
  • Review HUD-1 for Errors
  • Make Sure There is a Clear Title
  • Explain the Contract to Clients
  • Provide Advice on Offer Price
  • Explain The Current Real Estate Market
  • Explain Pros & Cons of Each Neighborhood
  • Verify Completion of Repairs
  • Make Sure The Loan Funds
  • Schedule & Attend the Walkthrough
  • Dispute Low Appraisals
  • Verify Delivery of Title Commitment
  • Remind Clients to Schedule Utilities
  • Manage Your Online Reputation
  • Compete with 1,000’s of REALTORS® for Business
  • Deal With Vendors
  • Keep MLS Listing Data Current
  • Attend Real Estate Conferences
  • Network with Local Home Builders
  • Coordinate Open Houses
  • Check Up On Past Clients
  • Still Have a Life After You’re Done!

Source:  The Lighter Side of Real Estate