Will “Broker Assistant” be Replaced By Robots? 🤔

Job Description

Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.

Job Details

• The SOC (Standard Occupational Classification) code is 41-9021.00
• The Mean Annual Wage in the U.S. is $ 79,340.00
• The Mean Hourly Wage is $ 38.00
• Currently, there are 40,850 people on this job

☝️ Information based on the reference occupation “Real Estate Brokers”.

Also Known As…

• Real Estate Brokers
• Supervising Broker
• Realtor
• Real Estate Sales Associate
• Real Estate Broker
• Real Estate Associate
• Managing Broker
• Designated Broker
• Broker Associate
• Broker Assistant
• Broker
• Realty Specialist
• Realty Loan Specialist
• Real Estate Salesperson
• Real Estate Closer
• Licensed Real Estate Broker
• Lease Analyst
• Lease Administration Analyst
• Dealer
• Contract Specialist
• Closing Agent
• Buyer Broker

Tasks for “Broker Assistant”

• Supervise agents who handle real estate transactions.
• Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
• Appraise property values, assessing income potential when relevant.
• Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
• Give buyers virtual tours of properties in which they are interested, using computers.
• Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
• Sell, for a fee, real estate owned by others.
• Maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of the area where a property is located.
• Develop, sell, or lease property used for industry or manufacturing.
• Arrange for financing of property purchases.
• Maintain working knowledge of various factors that determine a farm's capacity to produce, such as agricultural variables and proximity to market centers and transportation facilities.
• Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
• Obtain agreements from property owners to place properties for sale with real estate firms.
• Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
• Compare a property with similar properties that have recently sold to determine its competitive market price.
• Arrange for title searches of properties being sold.
• Manage or operate real estate offices, handling associated business details.
• Rent properties or manage rental properties.
• Review property details to ensure that environmental regulations are met.

Related Technology & Tools

• Personal computers
• Measuring tapes
• Desktop computers
• Personal digital assistants PDA
• Photocopying equipment
• Digital cameras
• Laser facsimile machines
• Laptop computers
• Computer laser printers
• Handheld calculators
• Passenger vehicles
• Digital video cameras

• Propertyware
• Adobe Systems Adobe Photoshop
• Property records databases
• Microsoft Outlook
• Lease Cost Solutions LseMod
• Showing Suite
• AppFolio Property Manager
• First American CoreLogic RealQuest Pro
• Google Earth Pro
• PropertyBoss Solutions PropertyBoss
• AMTdirect
• Real estate listing databases
• Domin-8 Enterprise Solutions Tenant Pro
• Property Boulevard
• Microsoft Office
• Customer relationship management CRM software
• Microsoft Internet Explorer
• Enterprise Software Systems CRE Sync
• Yardi Systems Yardi Voyager Commercial
• Web browser software
• Intuit QuickBooks
• Real Estate Assistant REA
• Microsoft Word
• Microsoft Excel
• Deep Forest Systems OnCite
• Visual Lease
• London Computer Systems Rent Manager
• Microsoft PowerPoint
• RealData REIA