Have you ever wondered what real estate agents do every day? It’s not an easy question to answer, because there really is no typical day for us. Real estate agents work in a fast-paced whirlwind environment, which keeps things rather interesting. We need to be quick on our feet, ready to respond and react to the incoming needs of buyers and sellers, at a moments notice. In short, no two days are alike. Each day brings its own sets of challenges and an equal share of excitements. It’s one of the things I love most about the job!
Location, Location, Location.
We are not expected to be in the office every day, as our job is first and foremost to sell properties, at the best price, in the shortest amount of time, and that can’t be done from sitting on our butt. We are running around, hopping in and out of our cars, visiting multiple properties and clients, all the while balancing endless phone calls and emails. We are professional multi-taskers and remote working pros.
Real Estate To-Do List.
Here’s a list of some of the things that we do in a “typical” day.
- Check CIREBA every morning for new listings that fit buyers’ criteria.
- Consultations with new customers
- Set appointments to show homes
- Prepare purchase agreements and present offers
- Stay on top of conditions to purchase and timelines
- Schedule inspections
- Meet with valuation officers
- Stay in close contact with bankers for financing approvals
- Negotiate contracts, repairs, etc. with listing agents
- Monitor transactions through escrow to closing
- Analyze the market for sellers to determine the market value for their homes
- Navigate the listing agreement with selling clients
- Coordinate sign installations
- Schedule photography and videography session for listings
- Devise a marketing plan for selling clients
- Plan, schedule and run open houses
- Compile pro forma financial statements for income property sellers and buyers
- Coordinate simultaneous closings for clients who require them
- Make phone calls… lots of phone calls
Calls are a big part of our day! I mean big. Calls to and from:
- Other agents
- Repair people
- Our administrative staff
- Pest control companies
- New referrals
Yes, the list is long and makes for long days sometimes. But, we wouldn’t trade what we do for any other job in the world!
Keep Calm and Stay Organized.
As a real estate agent, we are, in a sense our own “boss”. It is up to us to manage our own schedule and go about our day to day activities, to support our clients and master our to-do list. In my experience, each agent works differently. Some opt for a looser “go with the flow” schedule approach. Others have daily habits and schedules they aim to stick to, such as office work in the mornings and appointments in the afternoon. Personally, I need to plan my days the night before because, well, I like being organized, and it feels damn good to be efficient! Plus, I know I am more effective that way, and my customers appreciate it.
No such thing as 9 to 5.
One of the perks of the job is flexibility. But as you can imagine, a profession with no set office hours can also get tricky. Real estate agents need to be accommodating of the varying schedules of their clients. For example, nurses, doctors, those in the service industry, and other shift work jobs require different hours of attention. As real estate agents, we often find ourselves working very early in the mornings or very late at night, and a lot during the weekend. But it is our job to adapt to the needs and wants of those we are serving, and there is nothing more rewarding than making, what is often thought of as a stressful experience, seem effortless for a client.
Working hard, so you don’t have to.
Your real estate agent should be working hard to make things happen for you at all hours of the day. Property transactions are complex, and there is a lot that goes on behind the scenes that you don’t see. There are a ton of moving parts and people involved: bankers, attorneys, estate agents, valuation officers, home inspectors, administrative staff, deposit or escrow account managers, etc. Each player and task, even if they appear minor, are crucial to the property closing, and the smallest blip could turn a deal on its head. So as a client, you are leaving a lot in the hands of your agent. Frankly, this is one of the reasons why trust is such an important aspect when choosing a real estate agent.
We are on it!
A real estate agent’s ability to be organized, multi-task, and be “on it” is essential. It is what keeps buyers and sellers coming back to us time and time again. Service is everything in this industry, and at Property Cayman, I am proud to say that we take that to heart. We are passionate about connecting good people with great places today, tomorrow and always. Loving what we do and working with fantastic people are two things we luckily get to do, every single day, at Property Cayman.
Anyway, there you have it! No day is the same. And if you are ever looking for me, you’ll have the best chance of finding me in my car. Or at Bluestone coffee next to our office on Fort Street, grabbing my fifth (or tenth) cup of Joe for the day!