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…

Tasks for “Real Estate Investor”

Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.
Confer regularly with community association members to ensure their needs are being met.
Market vacant space to prospective tenants through leasing agents, advertising, or other methods.
Act as liaisons between on-site managers or tenants and owners.
Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.
Prepare detailed budgets and financial reports for properties.
Direct and coordinate the activities of staff and contract personnel and evaluate their performance.
Solicit and analyze bids from contractors for repairs, renovations, and maintenance.
Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
Meet with boards of directors and committees to discuss and resolve legal and environmental issues or disputes between neighbors.
Confer with legal authorities to ensure that renting and advertising practices are not discriminatory and that properties comply with state and federal regulations.
Negotiate short- and long-term loans to finance construction and ownership of structures.
Maintain records of sales, rental or usage activity, special permits issued, maintenance and operating costs, or property availability.
Analyze information on property values, taxes, zoning, population growth, and traffic volume and patterns to determine if properties should be acquired.
Contract with architectural firms to draw up detailed plans for new structures.
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.
Negotiate with government leaders, businesses, special interest representatives, and utility companies to gain support for new projects and to eliminate potential obstacles.
Inspect grounds, facilities, and equipment routinely to determine necessity of repairs or maintenance.
Maintain contact with insurance carriers, fire and police departments, and other agencies to ensure protection and compliance with codes and regulations.
Investigate complaints, disturbances and violations and resolve problems following management rules and regulations.
Purchase building and maintenance supplies, equipment, or furniture.
Determine and certify the eligibility of prospective tenants, following government regulations.
Review rents to ensure that they are in line with rental markets.
Meet with prospective tenants to show properties, explain terms of occupancy, and provide information about local areas.
Prepare and administer contracts for provision of property services such as cleaning, maintenance, and security services.
Clean common areas, change light bulbs, and make minor property repairs.

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