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