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Estate agencies are the businesses that are responsible for arranging the selling, letting or management of a properties. They can work in both commercial and residential sectors.
There are quite literally thousands of estate agent firms across the country, each employing a huge number of staff. The majority of estate agencies are classed as SMEs (small to medium-sized enterprises), but of course, there are a small group of big firms with recognisable names. Larger agencies will often hire around three to four thousand people in a range of different jobs.
Estate agencies often take on a large selection of properties, to sell or rent, and will be responsible for marketing them efficiently, using brochures, shop-window signs or on websites. The estate agency industry is highly competitive with high street estate agents trying to beat the competition. Job prospects within estate agencies depends largely on the current housing market, and how busy the agency in terms of clients and business. Estate agencies will expect employees to sign off on deals quickly and efficiently in order to be successful.
Some estate agencies are likely to employ people without prior experience or qualifications, in order to train them up on the job. Depending on the size of the firm, there could be great scope for progression within the field.