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