How to Assess Real Estate Agent Skills of Candidates Online?

The services of a real estate agent are highly important, whether it is selling, buying, or letting of property. Not having the skill sets appropriate will amount to disaster and no hassle-free transaction with a good ending. But one question pops up, do you judge whether he or she has all the requisite skills? In their assessment lies the answer effectively to that question. One great solution can be going online thanks to technology. In this article, we will touch on how to assess the skills of real estate agents online and the tools available for this process.

• What Is A Real Estate Agent Skills Assessment?
• 6 Skills to Look for in A Real Estate Agent
• How Do Employers Assess The Skill Sets of A Real Estate Agent by Using OnlineExamMaker?

What Is A Real Estate Agent Skills Assessment?

What is a real estate agent’s assessment of skills? A real estate assessment test is the process of estimating a candidate’s competency in certain key areas that assure success in this field, including but not limited to knowledge in the marketplace, communicative abilities, and negotiating skills. Employers can assess these skills efficiently and objectively using online assessment platforms. Online assessments help eradicate geographical constraints and ensure a much quicker and smoother process in which the employer can test candidates in real-life scenarios and multiple-choice questions on the real estate industry.

6 Skills to Look for in A Real Estate Agent

When hiring real estate candidates, here are some of the key competencies to keep on the radar.

1. Market Knowledge
A good real estate agent should know everything about the local market, from property values and trends to economic factors. They can thereby provide information with insight to the clients. You will be able to judge this by testing the knowledge of candidates regarding the local market and real estate trends.

2. Communication Skills
Communication is the major key to success as a real estate agent when dealing directly with clients, other agents, or service providers. Whichever means of communication are used, be it over the phone, in writing, or face-to-face, clarity is mandatory. Online assessment tests both verbal and written communication skills through scenario-based questions.

3. Negotiation Skills
Negotiation is an inherent part of each and every real estate transaction. A good agent will negotiate terms in their client’s favor, yet will still maintain professionalism. The online assessment might also test a candidate on some simulated negotiation situation where one needs to find solutions to keep all the parties balanced.

5. Attention to Detail
Real estate involves a lot of documentation, contracts, and requirements of a legal nature. Agents need to be keen on details to avoid mistakes that may have financial costs. Skills assessment may include reviewing contracts for errors or identifying inconsistencies in listing information.

6. Technology Proficiency
From MLS to CRM and other online marketing platforms, an estate agent in this digitized era is supposed to feel at home handling the range of tools provided. Online assessments can mirror some of these key bits of industry technology through interactive tasks and quizzes to let candidates demonstrate their familiarity with them.

How Do Employers Assess The Skill Sets of A Real Estate Agent by Using OnlineExamMaker?

OnlineExamMaker will finally enable employers to create custom skills assessments that are an accurate analysis of a candidate’s qualifications for a real estate agent position. Here’s how!

Step 1: Create customized questions

With OnlineExamMaker, you are allowed to upload questions in bulk via an Excel document, or generate real estate skills questions automatically using AI Question Generator.

OnlineExamMaker offers a range of question types-multiple choice, true/false, and open-ended questions to build assessments that test very specific areas of real estate knowledge, from market trends and property law to negotiation techniques.

Step 2: Simulate real-life scenarios

The role-playing and scenario-based exercises will serve as excellent methods of determining one’s negotiation and communication skills. Employers can utilize OnlineExamMaker to create simulations in which candidates respond to typical real estate situations to help assess problem-solving and interpersonal skills.

Step 3: Create an online assessment

Login to OnlineExamMaker dashboard, go to “Exams” -> “All Exams”, look for a button “New exam”, then click on it to begin. You can edit title and description in this step.

Step 4: Personalized exam settings

Custom the setting of your quiz, such as quiz live time, company logo, time limits. OnlineExamMaker allows employers to set time limits for tests, where the candidates’ ability to manage time under pressure is tested.

Step 5: Analytics and reports

After the candidates have gone through the assessments, OnlineExamMaker will provide detailed analytics and reports about their performance in specific areas. These can then inform decisions on how to hire the most qualified agent.

Skill assessment for a real estate agent is one of the important steps that one has to follow in the hiring process. You will identify the right candidate by evaluating his key skills in market knowledge, negotiation ability, and communication. OnlineExamMaker is a very convenient option to create comprehensive skills assessments without wasting much time. Take advantage of this platform and find an appropriate professional who can fulfill your needs with ease.