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

Tasks for “Real Estate Salesperson”

• 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.
• Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
• Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
• Maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of the area where a property is located.
• Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
• Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
• Arrange for title searches of properties being sold.
• Give buyers virtual tours of properties in which they are interested, using computers.
• Sell, for a fee, real estate owned by others.
• Supervise agents who handle real estate transactions.
• Rent properties or manage rental properties.
• Manage or operate real estate offices, handling associated business details.
• Appraise property values, assessing income potential when relevant.
• 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.
• 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.
• Arrange for financing of property purchases.

Related Technology & Tools

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

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