Yes, it’s true that many estate agencies in the UK do pay their sales and lettings negotiators on a base salary. Some firms do this for the first few months to give new recruits a chance to gain experience and secure a few deals.
The average salary for an estate agent in the UK is PS32,700 gross per year (PS2,150 net per month), which is PS3,100 (+10%) higher than the UK’s national average salary of PS37,265. Trainee and newer workers can earn a lower salary than more experienced workers like Luxury Estate Agents or Estate Agent Managers.
Do estate agents get a basic salary UK?
Salary varies greatly by location in the UK and by agency. In the capital, London, for example, the average estate agent’s salary is PS37,500.
Estate agents work in a wide range of independent, private estate agency practices and larger firms with multiple branches across the Estate Agents Limehouse. These firms can specialize in commercial, rural, corporate, or residential property.
Working in an estate agency is not a full-time career and there are no qualifications required. However, a background in sales, administrative or customer service would be helpful to start your estate agent career as it will help you understand the industry and its associated legislation.
Training is on the job and in-house, with a comprehensive induction program introducing you to the day-to-day running of the business and the legislation that applies to your role. You could progress to a senior sales or lettings negotiator as you develop your knowledge of the market and acquire specialised skills in your chosen field.