Summary
Job Duties & Responsibilities
• Prospect for both seller and buyer leads, convert leads to appointments & close for buyer agency agreements
• Conduct a thorough needs analysis to ensure fiduciary service to all buyer clients
• Ensure that buyer clients are pre-qualified with mortgage lender
• Show homes to prospective home buyer clients
• Identify homes to show that meet buyers’ criteria
• Schedule showings of homes with buyer clients, listing agents and/or home sellers
• Refine buyers’ criteria and select additional homes to show as necessary
• Write & submit all offers to purchase homes for buyer clients
• Negotiate offers to purchase and oversee entire negotiation process
• Schedule and attend on-site property inspections with clients and vendors
• Negotiate all inspection repairs
• Provide buyer clients access to homes under contract as needed for measuring, inspecting & etc.
• Promptly return all buyer client telephone calls, texts and/or emails
• Gather and answer buyer questions about potential homes and local community information
• Provide buyer clients pricing information and market research
• Educate buyer clients about home buying process
• Regularly assure buyer clients that lead agent is involved & informed - Promote the team concept
• Keep lead agent informed on all client communications and developments (copied on all emails & update notes in CRM)
• Close buyer clients to written offers to purchase
• Recruit, train, mentor and assist in the hiring of additional buyer’s agents and showing assistants
• Communicate diligently with administrative staff to ensure the highest level of service to buyer clients from initial contact
through contract to close
• Regularly attend team meetings
Key Leader Responsibilities
• Training
• Recruiting
• Transactional “Deal Doctor” issues
• Agent accountability, activity tracking and scoreboards
Production Expectations
• Lead Sourcing
Lead Buyer’s Agent is expected to generate an equal amount of leads & closed transactions from Lead Buyer’s Agent’s own
Sphere of Influence (SOI) and general prospecting efforts to match the number of leads & transactions generated by the team
an ultimately closed by Lead Buyer’s Agent.
• Team Generated Leads
(definition) Apply the “But-For Test”: But for the existence of the team & it’s listings, would the lead have been generated? So
inbound calls from signs on listings and internet inquiries from online listings would be considered Team Generated Leads since
but for the team & the listings they would not have been generated in the first place.
• Lead Buyer’s Agent Generated Leads
(definition) Leads generated from Lead Buyer’s Agent’s own SOI and other prospecting efforts like Expired Listings, For Sale By
Owners (FSBO), Just Listed/Just Sold contacts and etc. Any listings generated by Lead Buyer’s Agent will also count as Lead
Buyer’s Agent Generated leads for sourcing purposes.
• Activity Tracking
Lead Buyer’s Agent is expected to input & report all prospecting and client servicing activities regularly for accountability and to
keep the rest of the team informed.