Will “Realty Loan Specialist” be Replaced By Robots? 🤔

97% Chance of Automation

“Realty Loan Specialist” 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.

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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…

Tasks for “Realty Loan Specialist”

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

Related Technology & Tools

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

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