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The job of a real estate hunter

Real estate agent specializing in real estate research, the real estate hunter is an intermediary who is responsible for prospecting, selecting and visiting properties. He is involved in real estate transactions, from research to price negotiations, and represents the interests of his clients.

The job of a real estate hunter to differentiate yourself from the real estate agent

Unlike a real estate agent who generally holds a sales mandate, a real estate hunter holds a search mandate on behalf of the potential buyer. It is therefore at the exclusive service of the purchaser as well as the real estate hunter, a dynamic professional, who greatly facilitates the search for an apartment at the best price.

The Parisian real estate hunter is in charge of the pre-selection of properties. This is done according to the needs expressed by the customer and then organizes visiting sessions. Writing visit reports and negotiating fair value prices are also part of his actions. In addition, there is the establishment and monitoring of administrative procedures. He is therefore a professional who accompanies the buyer throughout the purchase process.

Profession of regulated real estate hunter

Real estate hunting is a profession whose operating procedures are defined by the Hoguet law of January 2, 1970 and its implementing decree. The ALUR law of 26 March 2014 also goes in this direction. It reinforces the legitimacy of this profession, whose exercise is subject to the possession of a professional card.

Indeed, three distinct cards have existed for this profession since the 1 Er January 2006. These are the cards:

  • Business and real estate transactions
  • Property Management
  • List Dealer

Each of them has a validity period of 10 years and is issued under certain conditions, depending on whether the holder is a natural person or a legal person. By visiting this link, you will learn more about the job of real estate hunter

Qualities and training requirements

A real estate hunter must be dynamic in exercising his role. Given his numerous meetings outside, the large number of clients and his often busy schedule, this real estate professional must have a good sense of organization. It must also be available to respond to its customers, without missing any decisive information.

In addition, beyond his efforts to find the property he is looking for, the Parisian real estate hunter will negotiate prices in a way that is really advantageous for the purchaser. Likewise, it would be useful for him to develop an important relationship with other players in his sector, in order to benefit from the information available on certain properties, and why not to offer an exclusive property to his client.

Requirements of the real estate hunter profession

A real estate hunter should generally have the following qualifications:

  • Education: Most real estate hunters need a minimum of a bachelor's degree to be considered for employment. Some brokers choose to pursue studies in business, finance, or another related field.
  • Real estate hunters may also choose to pursue a degree in real estate. It is a two-year program that includes courses in real estate law, finance, accounting, business, and technology.
  • Education and experience: Real estate hunters generally receive on-the-job training from their employer after they are hired. This training helps the broker learn company policies and procedures. It also helps the real estate hunter learn the software and technology used by the business.
  • Some real estate hunters choose to train through courses and seminars. They can learn more about different aspects of the real estate industry, including finance, marketing, and negotiation.
  • Certificates and licenses: Depending on the job you intend to do, you may need to obtain certifications to prove your expertise in a particular field.

Essential skills for this job

Real estate hunters need the following skills to be successful:

  • Technical skills: brokers use technical skills to understand and navigate complex financial systems. They can use these skills to explain complex financial products to customers. They also help them make informed decisions. Technical skills can also help brokers solve technical problems with online tools and software.
  • Communication skills: Brokers communicate with customers and other professionals in the real estate industry. They need to be able to explain complex financial information in a way that is easy to understand. They also need to be able to listen to customer needs. But also to explain the best options to meet these needs.
  • Analytical skills: Brokers use analytical skills to assess customer needs and recommend financial products that best fit their needs. They also use analytical skills to assess the risks and benefits of various investment options. Brokers use analytical skills to determine the value of stocks, bonds, and other financial products.
  • Negotiation skills: Negotiation skills are the ability to communicate with customers and other parties to a transaction to reach an agreement. Brokers often use their trading skills. They need to help customers find the mortgage that best fits their needs. They are able to negotiate the best price for a property.
  • Business Development Skills: Brokers can use their business development skills to find new customers and develop long-term relationships with them. This may include market research and finding ways to attract new customers. It can also include maintaining relationships with current customers and looking for ways to keep them coming back.

Environment of the real estate hunter profession

Real estate hunters work in a rapidly changing environment. They are constantly interacting with customers, other real estate hunters, and others. Work can last for long hours, often including evenings and weekends. They are under constant pressure to meet deadlines and quotas.

The job can be stressful. Real estate hunters need to be able to manage large amounts of money. But they also need to know how to make quick decisions. They also need to be able to deal with rejection, as not every deal will be successful.