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

Related Technology & Tools

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

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