Letting agent | Average UK Salary & Outlook

Letting agents manage rental properties on behalf of owners.

  • Prepare documents such as representation contracts, purchase agreements, closing statements, deeds, and leases.  
  • Present purchase offers to sellers for consideration.  
  • Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.  
  • Generate lists of properties that are compatible with buyers' needs and financial
Read more about Letting agent

Letting agents typically work around 40 to 42 hours per week.

As a Letting agent you will typically work evenings / weekends.

This occupation tends to be:

  • Enterprising — Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.
  • Conventional — Conventional occupations frequently involve following set procedures and
  • Read more about Letting agent
    * from ONETonline
    Average salary
    21,335 GBP *
    per year
    16,000 GBP
    35,000 GBP
    Starting
    5+ Experience
    * data taken from the Office of National Statistics (ons.gov.uk)
    Average salary for Letting agent

    • 23,182 GBP
    • 19,484 GBP
    Average salary for part-time Letting agent
    Average salary for full-time Letting agent

    Showing:
    • 9,399 GBP
    • 9,168 GBP
    • 10,044 GBP
    • 21,335 GBP
    • 19,484 GBP
    • 23,182 GBP
    Salary over time for Letting agent

    Pay for this role has increased slightly over time
    • 16,475 GBP
    • 17,044 GBP
    • 18,052 GBP
    • 18,643 GBP
    • 19,713 GBP
    • 20,523 GBP
    • 21,335 GBP
    • 21,260 GBP
    • 22,766 GBP
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    Future outlook for Letting agents

    pointer
    Balanced outlook
    1118 000+ jobs available
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    Very good outlook
    4% yearly wage growth (on average)
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    Fair outlook
    64% chance of automation in the future

    Letting agent - Your future job?


    Which qualifications do I need?

    Find out what you need to know in order to become a Letting agent and the highest average level of education for people in this role.

    In terms of people already doing this job:

    • 43% of people in this role have GCSEs or equivalent
    • 24% of people in this role have a post-secondary qualification such as a Higher National Diploma
    • 10% of people in this role have do not have GCSEs or equivalent qualifications

    You'll need:

    •  administration skills  
    •  excellent verbal communication skills  
    •  excellent written communication skills  
    •  to be thorough and pay attention to detail  
    •  the ability to work well with others  
    •  knowledge of English language  
    •  the ability to accept criticism and work well under pressure  
    •  the ability to use your initiative  
    • to be able to carry out basic tasks on a computer or hand-held device

    Get the right qualification to begin your journey to becoming a Letting agent

    Real Estate

    What soft skills do I need?

    Rise above the competition by brushing up on the 5 most important soft skills you need to become a Letting agent.
    Active Listening Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times
    Speaking Talking to others to convey information effectively
    Negotiation Bringing others together and trying to reconcile differences
    Coordination Adjusting actions in relation to others' actions
    Social Perceptiveness Being aware of others' reactions and understanding why they react as they do

    What technical skills do I need?

    Technical skills are programmes, softwares and things you need to know in order to be a successful Letting agent. Check that you know:
    1
    Customer relationship management CRM software DataBasix Technologies Lead Commander; Microsoft Dynamics
    2
    Data base user interface and query software Argosy Legal Systems Power Closer; Front Desk; Showing Suite; Yardi
    3
    Expert system software CMA Stuffers; ProForce Ultimate Brochures; Reveal Systems Truewire; RPIS Silent Flyer
    4
    Financial analysis software Real estate application contract transmission REACT software; RealData Comparative Lease Analysis; TimeValue software; Wheatworks Real Estate Calculator Suite
    5
    Graphics or photo imaging software Easypano Tourweaver; Iseemedia Photovista Panorama; Panoweaver Panorama; The IPIX Real Estate Wizard hometour360 Wizard
    Improve your skills today

    Real Estate

    Things to highlight for your Letting agent interview

    Integrity Job requires being honest and ethical. Dependability Job requires being reliable, responsible, and dependable, and fulfilling obligations. Stress Tolerance Job requires accepting criticism and dealing calmly and effectively with high stress situations. Initiative Job requires a willingness to take on responsibilities and challenges. Achievement/Effort Job requires establishing and maintaining personally challenging achievement goals and exerting effort toward mastering tasks.

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