Real Estate Agent Interview Questions for 2020

By
Mortgage and Lending with Olympus Labs

Hiring a Real Estate Agent for your real estate firm can be a daunting task. You might feel like the realtor has their license, but no experience. Or a lot of experience, but maybe lacks experience in your market. There are ways to cut through the candidates prior background and reveal information that can help you make a good hiring decision.

 

Real Estate Agents usually work for licensed real estate brokers. They help clients buy, sell, or rent commercial or residential properties. You’ll be looking for candidates that have a resourceful, engaging, and communicative approach to their interview. Candidates who reveal their lack of patience or ability to negotiate would be considered poor quality and you should move onto those that show better signals of these soft skills .

 

Some of the Real Estate Agent job duties and responsibilities are as follows:

 

  • Generate client leads that lead to the purchase, sale, or renting of commercial and residential properties.

  • Counsel clients regarding market prices, conditions, and mortgage rates.

  • Create real estate property lists and send them to clients based on their requested budget, style, and home requirements.

  • Create property listings and advertise them across local markets.

  • Negotiate between purchasing and selling parties.

  • Promote every property using open houses, advertising, and more.

  • Ensure that the real estate group is driving the best-in-class property management and selling experience to customers.

  • Maintain a real estate license at all times in accordance with state law.

Real Estate Agent Interview Questions

 

How would you tell a potential buyer about current listings? And how would you pitch one of the listings to them?

 

Test their sales skills and ability to pitch clients.

 

What are some underutilized resources for homebuyers and how would you explain those resources to your clients?

 

Reveals more about their previous work history and their ability to be resourceful.

 

How would you handle a demanding buyer with an inflexible budget? What would you do to meet their expectations and make them happy?

 

Tests their interpersonal skills and soft skills around communication.

 

When did you have to make a decision without having all of the information in front of you?

 

Shows the candidates willingness to learn from prior mistakes.

 

What are the regular tasks that you might have to perform as an agent?

 

Tests their time management and ability to perform regular daily tasks.

 

What makes you passionate about being a real estate agent?

 

Reveals more about their background and shows their desire to become a driven sales associate for your firm.

 

Hiring Tips for Real Estate Agents

 

One of the best methods for hiring high-quality candidates is to look for their ability to conduct themselves professionally. One of the ways that they should be doing that is showing you active-listening skills and communication skills. Especially as a Real Estate Agent, these skills are vital.

 

The ability to follow up with you, the interviewer, via a “thank you” email after your interview , can be a strong signal that they have sales abilities and comprehension of influencing others. These can be key skills for Real Estate Agents as they’ll need to follow up with their clients and ensure they are making good buying decisions based on the information the client has provided the agent and firm.

 

Appealing candidates should show devotion and passion toward being hired. If they lack any questions for you, the interviewer, at the end of the session, this could be a signal that they aren’t as passionate as other candidates could be. Look for an engaged interview session where the candidate chooses to learn about the needs of the firm and the needs of the role beyond the job description.

 

Comments (0)

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?