Real Estate Agent Performance Review Form Template for United Arab Emirates

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Key Requirements PROMPT example:

Real Estate Agent Performance Review Form

"I need a Real Estate Agent Performance Review Form for our luxury property brokerage in Dubai, focusing heavily on high-value transaction metrics and international client relationship management, to be implemented for quarterly reviews starting January 2025."

Document background
The Real Estate Agent Performance Review Form serves as a crucial tool for real estate agencies operating in the UAE to evaluate their agents' performance and ensure compliance with local regulations. This document is typically used during quarterly or annual performance reviews, incorporating key performance indicators specific to the UAE real estate market, RERA compliance requirements, and professional standards set by the Dubai Real Estate Institute. The form aids in documenting agent performance, setting goals, and maintaining records required by both HR departments and regulatory authorities. It is designed to align with UAE Federal Law No. 8 of 2004 regarding commercial agencies and Dubai Law No. 85 of 2006 concerning real estate broker registration, while also adhering to UAE labor law requirements for employee evaluation processes.
Suggested Sections

1. Agent Information: Basic details including agent's name, license number, period under review, and employment duration

2. Performance Rating Scale: Explanation of the rating system used in the evaluation (typically 1-5 or similar scale)

3. Core Performance Metrics: Evaluation of fundamental performance indicators including sales volume, number of transactions, customer satisfaction ratings, and commission earnings

4. Professional Conduct Assessment: Evaluation of compliance with RERA regulations, professional ethics, and company policies

5. Client Relationship Management: Assessment of client handling, communication skills, and relationship building capabilities

6. Market Knowledge: Evaluation of area expertise, market trend awareness, and property valuation skills

7. Administrative Compliance: Assessment of documentation handling, reporting timeliness, and regulatory compliance

8. Goals and Objectives Review: Analysis of achievement of previously set goals and setting new objectives

9. Overall Performance Summary: Final evaluation summary and comprehensive performance rating

10. Acknowledgment and Signatures: Space for reviewer and agent signatures, date, and any comments

Optional Sections

1. Team Leadership Skills: For senior agents or team leaders - evaluation of leadership and mentoring capabilities

2. Technology Adoption: Assessment of proficiency with real estate technology tools and platforms

3. Language Skills Assessment: Evaluation of multilingual capabilities for agents dealing with international clients

4. Special Projects/Initiatives: Review of involvement in special company projects or marketing initiatives

5. Training and Development: Record of professional development activities and certifications obtained during the review period

Suggested Schedules

1. Schedule A - Transaction Summary: Detailed list of transactions completed during the review period

2. Schedule B - Customer Feedback Data: Compilation of client testimonials and satisfaction survey results

3. Schedule C - KPI Metrics Sheet: Detailed breakdown of key performance indicators with historical comparison

4. Schedule D - Training Record: List of completed training programs and certifications

5. Appendix 1 - Performance Improvement Plan: If needed, detailed plan for addressing performance gaps

6. Appendix 2 - Commission Calculations: Detailed breakdown of commission earnings and calculations

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Real Estate

Property Development

Property Management

Commercial Real Estate

Residential Real Estate

Luxury Real Estate

Real Estate Investment

Property Consultancy

Relevant Teams

Human Resources

Sales

Operations

Compliance

Legal

Performance Management

Training and Development

Customer Relations

Property Management

Administrative Support

Relevant Roles

Real Estate Agent

Property Consultant

Senior Real Estate Broker

Real Estate Sales Executive

Property Sales Manager

Real Estate Team Leader

Branch Manager

Sales Director

HR Manager

Performance Review Specialist

Compliance Officer

Real Estate Operations Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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