Award-BagdesWEBINAR 2024SAVE MORE FOR BIG HOLI CELEBRATIONS!
Get 6 months FREE of EXPENSE & TRAVEL module with any Superworks Plan!

Limited time offer*

00
Days
00
Hours
00
Minutes
00
Seconds
Book a Demo

Optimize your HR workflow with cutting-edge AI solutions!

Optimize your HR workflow

Get Next-Gen HR Efficiency

For Realtor KRA/KPI

**Job Title: Realtor**

**Job Description:**
As a Realtor, your role involves assisting clients in buying, selling, and renting properties. You will be responsible for understanding market trends, negotiating deals, and providing exceptional customer service to ensure client satisfaction.

**Key Responsibility Areas (KRA) & Key Performance Indicators (KPI)**

**1. Property Listing and Marketing**
– **KRA:** Manage property listings effectively to attract potential buyers/sellers.
– **Short Description:** Enhance property visibility for quick transactions.
– **KPI 1:** Number of new property listings per month.
– **KPI 2:** Website traffic generated from property listings.
– **KPI 3:** Conversion rate of leads from property listings.
– **KPI 4:** Average days on market for listed properties.

**2. Client Relationship Management**
– **KRA:** Build strong relationships with clients to understand their needs and preferences.
– **Short Description:** Ensure client satisfaction and loyalty.
– **KPI 1:** Client satisfaction score based on feedback.
– **KPI 2:** Number of repeat clients.
– **KPI 3:** Referral rate from existing clients.
– **KPI 4:** Response time to client inquiries.

**3. Market Analysis and Research**
– **KRA:** Stay updated on market trends and conduct research for informed decision-making.
– **Short Description:** Provide clients with valuable market insights.
– **KPI 1:** Accuracy of market predictions.
– **KPI 2:** Number of market reports generated.
– **KPI 3:** Client retention based on market recommendations.
– **KPI 4:** Competitor analysis effectiveness.

**4. Negotiation and Deal Closure**
– **KRA:** Skillfully negotiate deals to achieve favorable outcomes for clients.
– **Short Description:** Secure profitable deals for clients.
– **KPI 1:** Successful deal closure rate.
– **KPI 2:** Average percentage of negotiated price compared to listing price.
– **KPI 3:** Client feedback on negotiation skills.
– **KPI 4:** Time taken to close a deal.

**5. Legal Compliance and Documentation**
– **KRA:** Ensure all transactions comply with legal regulations and maintain accurate documentation.
– **Short Description:** Minimize legal risks for clients and the agency.
– **KPI 1:** Compliance rate with legal requirements.
– **KPI 2:** Error rate in documentation.
– **KPI 3:** Audit results on legal compliance.
– **KPI 4:** Timeliness in submitting required documents.

**Real-Time Example of KRA & KPI**

**Client Relationship Management**
– **KRA:** Building long-term relationships with clients to increase repeat business.
– **KPI 1:** Client satisfaction score increased by 15%.
– **KPI 2:** 20% increase in repeat clients.
– **KPI 3:** 10 new clients acquired through referrals.
– **KPI 4:** Reduced response time to client inquiries by 25%.

**Key Takeaways**
– **KRA defines what needs to be done**, whereas **KPI measures how well it is done**.
– **KPIs should always be SMART** (Specific, Measurable, Achievable, Relevant, Time-bound).
– **Regular tracking and adjustments** ensure success in Realtor.

This structured content layout provides clear, concise, and measurable KPIs for effective performance evaluation in the role of a Realtor.

FAQs

Alpesh Vaghasiya

The founder & CEO of Superworks, I'm on a mission to help small and medium-sized companies to grow to the next level of accomplishments.With a distinctive knowledge of authentic strategies and team-leading skills, my mission has always been to grow businesses digitally The core mission of Superworks is Connecting people, Optimizing the process, Enhancing performance.

Superworks is providing the best insights, resources, and knowledge regarding HRMS, Payroll, and other relevant topics. You can get the optimum knowledge to solve your business-related issues by checking our blogs.