Will “Designated Broker” be Replaced By Robots? 🤔
97% Chance of Automation
“Designated 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…
- 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 “Designated Broker”
- Manage or operate real estate offices, handling associated business details.
- 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.
- Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
- Develop, sell, or lease property used for industry or manufacturing.
- Review property details to ensure that environmental regulations are met.
- Sell, for a fee, real estate owned by others.
- Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
- Appraise property values, assessing income potential when relevant.
- 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.
- Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
- Supervise agents who handle real estate transactions.
- Arrange for financing of property purchases.
- Obtain agreements from property owners to place properties for sale with real estate firms.
- Compare a property with similar properties that have recently sold to determine its competitive market price.
- 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.
- Rent properties or manage rental properties.
- Give buyers virtual tours of properties in which they are interested, using computers.
Related Technology & Tools
- Passenger vehicles
- Desktop computers
- Laser facsimile machines
- Photocopying equipment
- Measuring tapes
- Personal computers
- Handheld calculators
- Computer laser printers
- Personal digital assistants PDA
- Digital cameras
- Laptop computers
- Digital video cameras
- Property Boulevard
- Intuit QuickBooks
- Customer relationship management CRM software
- RealData REIA
- Real Estate Assistant REA
- AppFolio Property Manager
- Microsoft Excel
- Adobe Systems Adobe Photoshop
- AMTdirect
- Microsoft Internet Explorer
- Web browser software
- Microsoft PowerPoint
- Yardi Systems Yardi Voyager Commercial
- Microsoft Outlook
- Microsoft Office
- First American CoreLogic RealQuest Pro
- Property records databases
- Real estate listing databases
- London Computer Systems Rent Manager
- PropertyBoss Solutions PropertyBoss
- Propertyware
- Deep Forest Systems OnCite
- Visual Lease
- Microsoft Word
- Lease Cost Solutions LseMod
- Showing Suite
- Enterprise Software Systems CRE Sync
- Domin-8 Enterprise Solutions Tenant Pro
- Google Earth Pro