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.

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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…

Tasks for “Buyer Broker”

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

Related Technology & Tools

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

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