What is a responsibility under floor duty in real estate?

Under floor duty, often associated with real estate practices, refers to the obligation real estate professionals have to ensure that the processes and experiences in a real estate transaction are efficient and responsive, which includes managing appointments effectively.

Setting appointments is crucial for maintaining communication and coordination among all parties involved in a transaction, including potential buyers, sellers, and other agents. By handling this responsibility, an agent demonstrates professionalism and competence, ensuring that buyers have the opportunity to view properties, sellers can showcase their listings, and that the overall transaction process moves forward smoothly.

While writing contracts, conducting property inspections, and arranging open houses are important tasks, they typically fall under different categories of real estate duties and responsibilities. Setting appointments directly embodies the proactive approach required in adhering to floor duty, emphasizing the need for effective communication and scheduling in the real estate process.