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”
- 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.
- Review property details to ensure that environmental regulations are met.
- Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
- Arrange for financing of property purchases.
- Compare a property with similar properties that have recently sold to determine its competitive market price.
- Develop, sell, or lease property used for industry or manufacturing.
- Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
- Supervise agents who handle real estate transactions.
- Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
- 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.
- Rent properties or manage rental properties.
- Maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of the area where a property is located.
- Manage or operate real estate offices, handling associated business details.
- Sell, for a fee, real estate owned by others.
- Appraise property values, assessing income potential when relevant.
- Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
- Arrange for title searches of properties being sold.
Related Technology & Tools
- Digital cameras
- Digital video cameras
- Computer laser printers
- Desktop computers
- Passenger vehicles
- Personal computers
- Measuring tapes
- Photocopying equipment
- Laser facsimile machines
- Personal digital assistants PDA
- Laptop computers
- Handheld calculators
- Real Estate Assistant REA
- Web browser software
- Google Earth Pro
- Property records databases
- Microsoft Word
- Property Boulevard
- PropertyBoss Solutions PropertyBoss
- Enterprise Software Systems CRE Sync
- Microsoft Excel
- Microsoft PowerPoint
- First American CoreLogic RealQuest Pro
- RealData REIA
- Showing Suite
- Microsoft Office
- Deep Forest Systems OnCite
- Intuit QuickBooks
- Customer relationship management CRM software
- Microsoft Internet Explorer
- Domin-8 Enterprise Solutions Tenant Pro
- Adobe Systems Adobe Photoshop
- Real estate listing databases
- Microsoft Outlook
- London Computer Systems Rent Manager
- AppFolio Property Manager
- Visual Lease
- Lease Cost Solutions LseMod
- Yardi Systems Yardi Voyager Commercial