Increased interest in overseas relocation or second-home purchase abroad is also a growth area during times of economic buoyancy. Estate agents often have to liaise with banks, building societies, mortgage brokers, surveyors, solicitors and other estate agencies during transactions. Typical work activities tend to include:

• Collecting information about a property and arranging for photographs to be taken;

• Visiting and talking to the sellers/landlords about their property and its special features;

• Estimating the value/rental of the property;

• Marketing and promoting properties for sale/rent;

• Representing the sellers/landlords in negotiation with prospective buyers/tenants;

• Monitoring sales as they proceed and liaising with all interested parties including bankers, solicitors, surveyors and other estate agents;

• Advising clients and helping buyers/tenants to decide what they want to buy/rent;

• Making sure that a price is agreed that is acceptable to both buyer and seller;

• Keeping up to date with trends in the local residential property market, as well as the commercial/industrial market.

• Vet prospective tenants by collecting references and carrying out credit checks;

• Ensure properties meet legal requirements;

• Collect or organize rent payments;

• Act as a property manager and resolve any issues that arise with properties.