Being a Realtor is more than just showing homes and sticking a “For Sale” sign in the ground. Many people wonder what exactly we do all day. There is plenty going on to keep our schedules full!
Communication is a big part of our day. The notifications on a Realtor’s phone are constantly going off. We answer texts, emails, and phone calls about anything from online inquiries and questions about listings to any question a current client may have. We act as counsel and support for our clients. And keep up with past clients. We are in communication with every vendor during a sale, the other agent, the title company, the lender.
We are in charge of all of our own marketing and social media. Both of which need to be kept up to date daily.
We are always educating ourselves on the current market, in addition to meeting Continuing Education requirements each year.
Open Houses are a common weekend activity for most Realtors. This means scheduling the open houses, preparing marketing materials, making sure word is out about the Open House and finally holding it open.
When a buyer decides to buy a house there are many steps on top of all of the paperwork we must complete. After negotiating the purchase agreement and coming to an accepted offer, we will deliver earnest money when there is an accepted purchase agreement. Then we continue to follow up regarding the inspection, mortgage, appraisal, and whatever else may come up during the transaction.
We will be scheduling and attending listing appointments. Before going we will complete a comparative market analysis for the home. At the listing appointment we will give our listing presentation, including the CMA. We then follow up with the client and secure the listing.
After listing a home we will work with the seller to stage the house and following showings we provide feedback to our seller. We present offers when they arrive and counsel our clients through negotiation.
Working with the lender means keeping in constant contact to know where in the loan process our client falls, and making sure the lender has the documents he or she needs.
Working with the inspector, we attend the inspection to see first hand what condition the home is in. We then respond to the inspection and negotiate any repairs necessary. When the repairs are complete we must keep track of receipts and make sure they are given to the title company.
Working with the appraiser is often required. We may need to support a different figure by providing comparables to the appraiser and meeting him or her at the property.
When working with the Title Company we need to order title, get any missing documents to the title company, and review the title when it comes back to make sure it is complete.
During the paperwork process we need to make sure all disclosures and contracts are signed and delivered. We will also order a Home Warranty and make sure the Title Company has that documentation.
When it comes time for closing we schedule and attend a final walk through of the property right before closing, and of course we attend closing with our client. Prior to meeting a client for closing we will have reviewed the HUD and submitted any corrections needed to the Title Company.
Of course, other things regularly come up that rearrange our whole schedule too!