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”

• Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
• Rent properties or manage rental properties.
• Arrange for financing of property purchases.
• 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.
• Compare a property with similar properties that have recently sold to determine its competitive market price.
• Give buyers virtual tours of properties in which they are interested, using computers.
• Obtain agreements from property owners to place properties for sale with real estate firms.
• Review property details to ensure that environmental regulations are met.
• Arrange for title searches of properties being sold.
• Appraise property values, assessing income potential when relevant.
• Supervise agents who handle real estate transactions.
• 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.
• Sell, for a fee, real estate owned by others.
• Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
• Maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of the area where a property is located.
• Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.

Related Technology & Tools

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

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