Group
Occupation

171431 Real Estate Agency Principal

Latest release
OSCA - Occupation Standard Classification for Australia
Reference period
2024, Version 1.0

171431 Real Estate Agency Principal

Manages the overall activities of a real estate agency.

Registration or licensing is required.

Alternative title

  • Real Estate Agency Licensee

Skill level: 2

Main tasks

  • Develops and implements business strategies, budgets, policies and procedures for the agency
  • Oversees day-to-day operations, including property sales, leasing and property management
  • Manages and supervises Real Estate Agents and support staff
  • Establishes and maintains client relationships, including property owners, buyers and tenants
  • Sets sales targets and monitors performance
  • Prepares and presents reports to stakeholders, including property owners and governing bodies
  • Negotiates and finalises contracts and agreements with clients and other parties
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