Will “Real Estate Closer” 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
• Licensed Real Estate Broker
• Lease Analyst
• Lease Administration Analyst
• Dealer
• Contract Specialist
• Closing Agent
• Buyer Broker

Tasks for “Real Estate Closer”

• Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
• Review property details to ensure that environmental regulations are met.
• 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.
• Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
• 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.
• Arrange for financing of property purchases.
• Supervise agents who handle real estate transactions.
• Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
• Obtain agreements from property owners to place properties for sale with real estate firms.
• Arrange for title searches of properties being sold.
• 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.
• Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
• Sell, for a fee, real estate owned by others.
• Maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of the area where a property is located.
• Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.

Related Technology & Tools

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

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