Will “Buyer Broker” be Replaced By Robots? 🤔
97% Chance of Automation
“Buyer Broker” will almost certainly be replaced by robots.
This job is ranked #663 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.
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.
- 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
- Real Estate Sales Associate
- Real Estate Broker
- Real Estate Associate
- Managing Broker
- Designated Broker
- Broker Associate
- Broker Assistant
- Realty Specialist
- Realty Loan Specialist
- Real Estate Salesperson
- Real Estate Closer
- Licensed Real Estate Broker
- Lease Analyst
- Lease Administration Analyst
- Contract Specialist
- Closing Agent
Tasks for “Buyer Broker”
- 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.
- Compare a property with similar properties that have recently sold to determine its competitive market price.
- Rent properties or manage rental properties.
- Arrange for financing of property purchases.
- Supervise agents who handle real estate transactions.
- Manage or operate real estate offices, handling associated business details.
- Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
- Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
- Review property details to ensure that environmental regulations are met.
- Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
- Appraise property values, assessing income potential when relevant.
- Arrange for title searches of properties being sold.
- Develop, sell, or lease property used for industry or manufacturing.
- Maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of the area where a property is located.
- Give buyers virtual tours of properties in which they are interested, using computers.
- Sell, for a fee, real estate owned by others.
- Obtain agreements from property owners to place properties for sale with real estate firms.
- Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
- Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
Related Technology & Tools
- Measuring tapes
- Desktop computers
- Digital cameras
- Laptop computers
- Computer laser printers
- Laser facsimile machines
- Passenger vehicles
- Photocopying equipment
- Digital video cameras
- Personal computers
- Personal digital assistants PDA
- Handheld calculators
- London Computer Systems Rent Manager
- Microsoft PowerPoint
- Real estate listing databases
- PropertyBoss Solutions PropertyBoss
- Microsoft Word
- Google Earth Pro
- Intuit QuickBooks
- RealData REIA
- AppFolio Property Manager
- Microsoft Internet Explorer
- Real Estate Assistant REA
- Adobe Systems Adobe Photoshop
- First American CoreLogic RealQuest Pro
- Microsoft Office
- Showing Suite
- Web browser software
- Domin-8 Enterprise Solutions Tenant Pro
- Property Boulevard
- Visual Lease
- Lease Cost Solutions LseMod
- Customer relationship management CRM software
- Microsoft Outlook
- Enterprise Software Systems CRE Sync
- Deep Forest Systems OnCite
- Yardi Systems Yardi Voyager Commercial
- Microsoft Excel
- Property records databases