Will “Real Estate Investor” be Replaced By Robots? 🤔
81% Chance of Automation
“Real Estate Investor” will probably be replaced by robots.
This job is ranked #446 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.
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Job Description
Plan, direct, or coordinate the selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties. Includes managers of homeowner and condominium associations, rented or leased housing units, buildings, or land (including rights-of-way).
Job Details
- The SOC (Standard Occupational Classification) code is 11-9141.00
- The Mean Annual Wage in the U.S. is $ 70,290.00
- The Mean Hourly Wage is $ 33.00
- Currently, there are 180,290 people on this job
☝️ Information based on the reference occupation “Property, Real Estate, and Community Association Managers”.
Also Known As…
- Property, Real Estate, and Community Association Managers
- Resident Manager
- Property Manager
- On Site Property Manager
- Leasing Manager
- Lease Administration Supervisor
- Consulting Property Manager
- Condominium Association Property Manager
- Community Manager
- Commercial Property Services Coordinator
- Apartment Manager
- Trustee
- Trailer Park Manager
- Territory Manager
- Supervisor
- Superintendent, Renting, Managing
- Superintendent
- Right-of-Way Supervisor
- Right of Way Supervisor
- Rental Manager
- Rental Coordinator
- Rent Control Office Manager
- Real Estate Office Manager
- Real Estate Manager
- Real Estate Firm Manager
- Real Estate Developer
- Real Estate Agent
- Real Estate Administrator
- Public Housing Manager
- Public Events Facilities Rental Manager
- Property Developer
- Property Administrator
- On-Site Manager
- Oil Lease Operator
- Oil Lease Buyer
- Oil Agent
- Occupancy Specialist
- Mobile Home Park Manager
- Market Superintendent
- Market Master
- Market Manager
- Mall Manager
- Location Worker
- Location Man
- Leasing Property Manager
- Leaser
- Lease Operator
- Lease Buyer
- Landman
- Landlord
- Landlady
- Land Leases and Rentals Manager
- Land Development Manager
- Land Developer
- Land Commissioner
- Land Agent
- Land Acquisition Specialist
- Land Acquisition Manager
- Housing Relocation
- Housing Project Manager
- Housing Manager
- Housing Director
- Homeowner Association Manager
- Freeholder
- Facility Coordinator
- Facilities Manager
- Facilities Coordinator
- District Manager
- Director of Housing
- Developer
- Cooperative Manager
- Contracts Specialist
- Condominium Manager
- Condominium Association Manager
- Community Association Manager
- Commercial Property Manager
- Cemetery Manager
- Building Superintendent, Managing, Supervising, Renting
- Building Superintendent
- Building Rental Superintendent
- Building Rental Manager
- Building Custodian, Managing, Supervising, Renting
- Assistant Property Manager
- Assistant Manager
- Apartment House Manager
- Apartment Hotel Manager
Tasks for “Real Estate Investor”
- Direct and coordinate the activities of staff and contract personnel and evaluate their performance.
- Market vacant space to prospective tenants through leasing agents, advertising, or other methods.
- Determine and certify the eligibility of prospective tenants, following government regulations.
- Analyze information on property values, taxes, zoning, population growth, and traffic volume and patterns to determine if properties should be acquired.
- Meet with prospective tenants to show properties, explain terms of occupancy, and provide information about local areas.
- Review rents to ensure that they are in line with rental markets.
- Confer with legal authorities to ensure that renting and advertising practices are not discriminatory and that properties comply with state and federal regulations.
- Meet with boards of directors and committees to discuss and resolve legal and environmental issues or disputes between neighbors.
- Investigate complaints, disturbances and violations and resolve problems following management rules and regulations.
- Prepare and administer contracts for provision of property services such as cleaning, maintenance, and security services.
- Negotiate the sale, lease, or development of property and complete or review appropriate documents and forms.
- Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
- Act as liaisons between on-site managers or tenants and owners.
- Negotiate short- and long-term loans to finance construction and ownership of structures.
- Solicit and analyze bids from contractors for repairs, renovations, and maintenance.
- Confer regularly with community association members to ensure their needs are being met.
- Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
- Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.
- Clean common areas, change light bulbs, and make minor property repairs.
- Inspect grounds, facilities, and equipment routinely to determine necessity of repairs or maintenance.
- Contract with architectural firms to draw up detailed plans for new structures.
- Purchase building and maintenance supplies, equipment, or furniture.
- Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.
- Prepare detailed budgets and financial reports for properties.
- Maintain contact with insurance carriers, fire and police departments, and other agencies to ensure protection and compliance with codes and regulations.
- Maintain records of sales, rental or usage activity, special permits issued, maintenance and operating costs, or property availability.
- Negotiate with government leaders, businesses, special interest representatives, and utility companies to gain support for new projects and to eliminate potential obstacles.
Related Technology & Tools
- Computer laser printers
- 10-key calculators
- Laser facsimile machines
- Laptop computers
- Digital cameras
- Lenel Onguard
- Two way radios
- Video surveillance cameras
- Scanners
- Handheld calculators
- Desktop computers
- Multi-line telephone systems
- Step ladders
- Smartphones
- Golf carts
- Photocopiers
- Personal computers
- SS&C Technologies Skyline Property Management
- Property Solutions International ResidentPortal
- TCG Technologies i-CAM
- Just So Software The Property Manager
- iRealty Manager
- Web browser software
- W G Software Tenant File
- Jenark Business Systems
- Google Analytics
- Intuit MRI Residential
- Biometric reader software
- Yardi Systems Yardi Voyager Residential
- LandlordMax
- Turtle Creek Software Goldenseal
- Microsoft PowerPoint
- O'Brien Grasso RE Software Property Master
- TrackPro Services TrackPro Manager
- PT Software Solutions PT Rental Assistant
- Infor Global Solutions eSITE
- Intuit QuickBooks
- Domin-8 Enterprise Solutions RentRight
- IDEAS Software & Training IDEAS Property Clerk
- Bostonpost Technology Property Manager
- Propertyware
- Landport Systems Landport
- YouTube
- Calendar and scheduling software
- Yardi Systems Yardi Enterprise
- PropertyView Solutions Remanage
- Microsoft Excel
- Microsoft Access
- Sage 50 Accounting
- Property Boulevard
- FullHouse Software Investment Property Manager
- Qualitica RentBoss
- Intuit Quicken Rental Property Manager
- Spreadsheet software
- Yardi
- Advantos Systems DataTrust Enterprise
- Microsoft Outlook
- Microsoft Publisher
- Card key management software
- Yardi Systems Yardi Voyager Condo, Co-op, and HOA
- PropertyThree
- Microsoft Office
- London Computer Systems Rent Manager
- RealPage OneSite
- Microsoft Word
- RealEasyBooks ezREB
- SpiritWorks Software Development Rental Property Tracker Plus
- Domin-8 Enterprise Solutions Tenant Pro
- Yardi Systems Yardi Voyager Commercial
- Hypertext markup language HTML