Dictionary of Business Terms: floor duty
floor duty
in sales, especially in a real estate brokerage firm, a period of time that a salesperson is required, by office policy, to be in the office to accept phone calls and visits from potential clients who have no previous relationship. Rotated among salespersons.
Dictionary of Real Estate Terms: floor duty
floor duty
(also called floor time) in a real estate firm, a period of time that a salesperson is required, by office policy, to be in the office to accept phone calls and visits from potential clients who have no previous relationship. Rotated among salespersons.
Example: Floor duty is especially welcomed by new salespersons as a way to develop a clientele.
