Will “Contract Specialist” 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
• Closing Agent
• Buyer Broker

Tasks for “Contract Specialist”

• Manage or operate real estate offices, handling associated business details.
• 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.
• Compare a property with similar properties that have recently sold to determine its competitive market price.
• 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.
• Supervise agents who handle real estate transactions.
• 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.
• Arrange for financing of property purchases.
• Sell, for a fee, real estate owned by others.
• 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.
• Obtain agreements from property owners to place properties for sale with real estate firms.
• Rent properties or manage rental properties.
• Appraise property values, assessing income potential when relevant.
• 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.
• Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.

Related Technology & Tools

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

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