Will “Agent” be Replaced By Robots? 🤔
86% Chance of Automation
“Agent” will probably be replaced by robots.
This job is ranked #497 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
Rent, buy, or sell property for clients. Perform duties, such as study property listings, interview prospective clients, accompany clients to property site, discuss conditions of sale, and draw up real estate contracts. Includes agents who represent buyer.
Job Details
- The SOC (Standard Occupational Classification) code is 41-9022.00
- The Mean Annual Wage in the U.S. is $ 59,360.00
- The Mean Hourly Wage is $ 28.00
- Currently, there are 151,840 people on this job
☝️ Information based on the reference occupation “Real Estate Sales Agents”.
Also Known As…
- Real Estate Sales Agents
- Sales Agent
- Realtor
- Real Estate Salesperson
- Real Estate Broker Associate
- Real Estate Broker
- Real Estate Agent
- Broker in Charge
- Broker Associate
- Associate Broker
- Sales Superintendent
- Sales Specialist
- Sales Representative
- Sales Professional
- Sales Consultant
- Right-of-Way Buyer
- Right-of-Way Agent
- Right of Way Agent
- Residential Property Consultant
- Residence Leasing Agent
- Rental Sales Agent
- Real Estate Sales Associate
- Real Estate Sales Agent
- Real Estate Rental Agent
- Real Estate Professional
- Real Estate Listing Consultant
- Real Estate Closer
- Real Estate Agent/Broker
- Leasing Specialist
- Leasing Professional
- Leasing Consultant
- Leasing Agent
- Land Sales Agent
- Land Agent
- Industrial Real Estate Agent
- Contracts Specialist
- Closing Coordinator
- Closing Agent
- Buyers' Agent
- Building Consultant
- Apartment Rental Agent
- Apartment Leasing Consultant
- Apartment Leasing Agent
- Agricultural Real Estate Agent
Tasks for “Agent”
- Advise sellers on how to make homes more appealing to potential buyers.
- Coordinate property closings, overseeing signing of documents and disbursement of funds.
- Promote sales of properties through advertisements, open houses, and participation in multiple listing services.
- Prepare documents such as representation contracts, purchase agreements, closing statements, deeds and leases.
- Rent or lease properties on behalf of clients.
- Investigate clients' financial and credit status to determine eligibility for financing.
- Appraise properties to determine loan values.
- Review property listings, trade journals, and relevant literature, and attend conventions, seminars, and staff and association meetings to remain knowledgeable about real estate markets.
- Secure construction or purchase financing with own firm or mortgage company.
- Locate and appraise undeveloped areas for building sites, based on evaluations of area market conditions.
- Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting.
- Compare a property with similar properties that have recently sold to determine its competitive market price.
- Evaluate mortgage options to help clients obtain financing at the best prevailing rates and terms.
- Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.
- Answer clients' questions regarding construction work, financing, maintenance, repairs, and appraisals.
- Confer with escrow companies, lenders, home inspectors, and pest control operators to ensure that terms and conditions of purchase agreements are met before closing dates.
- Arrange meetings between buyers and sellers when details of transactions need to be negotiated.
- Develop networks of attorneys, mortgage lenders, and contractors to whom clients may be referred.
- Inspect condition of premises, and arrange for necessary maintenance or notify owners of maintenance needs.
- Contact utility companies for service hookups to clients' property.
- Display commercial, industrial, agricultural, and residential properties to clients and explain their features.
- Arrange for title searches to determine whether clients have clear property titles.
- Advise clients on market conditions, prices, mortgages, legal requirements and related matters.
- Interview clients to determine what kinds of properties they are seeking.
- Generate lists of properties that are compatible with buyers' needs and financial resources.
- Conduct seminars and training sessions for sales agents to improve sales techniques.
- Solicit and compile listings of available rental properties.
- Review plans for new construction with clients, enumerating and recommending available options and features.
- Coordinate appointments to show homes to prospective buyers.
- Visit properties to assess them before showing them to clients.
- Present purchase offers to sellers for consideration.
- Contact property owners and advertise services to solicit property sales listings.
Related Technology & Tools
- Desktop computers
- Global positioning system GPS receivers
- Personal computers
- Laptop computers
- Measuring wheels
- Notebook computers
- Digital cameras
- Personal digital assistants PDA
- Laser printers
- Real Pro
- Telluride Software Classic Trak-It
- Showing Suite HomeFeedback
- Topaz Software Symplifi (CRM feature)
- In-Hand Pocket APOD
- Microsoft Publisher
- Panorama Technologies ModelWeaver
- Reveal Systems Truewire
- Newsletter production software
- Tax software
- SRC Cash Flow Analyzer Pro
- RealtyStar AgentOffice
- RPIS Silent Flyer
- Adobe Systems Adobe Acrobat
- TimeValue software
- Home rating software
- Internet browser software
- Wheatworks Real Estate Calculator Suite
- Microsoft Word
- Scheduling software
- Loan application processing software
- Email software
- FloodMaps
- Web-administered databases
- Agent Business Builder
- Spreadsheet software
- Iseemedia Photovista Panorama
- RealtyStar Real Estate Assistant
- Garmin City Select
- Corel WordPerfect
- Microsoft Word Hard to Find Contracts
- Showing Suite HomeFollowup
- Power Real Estate Letters
- TopProducer
- General Magic Portico
- RealData Comparative Lease Analysis
- Financial calculators software
- Document creation software
- The IPIX Real Estate Wizard hometour360 Wizard
- Web page creation and editing software
- Argosy Legal Systems Power Closer
- DeLorme Topo USA
- Yardi
- ProForce Ultimate Brochures
- Greenbrier Graphics Deed Plotter
- IBM Lotus 1-2-3
- National Association of Realtors Online Database
- iKorb Real Estate
- Panoweaver Panorama
- Lucero System Office Management
- Microsoft Outlook
- Easypano Tourweaver
- Yardi Systems Yardi Enterprise
- Microsoft PowerPoint
- Real estate application contract transmission REACT software
- Microsoft Excel
- Showing Suite
- Real estate investment analysis software
- ProForce Highlight Flyer Master
- Commercial and industrial development project cost analysis software
- Internet based MLS database software
- Microsoft FrontPage
- OWL Bookkeeping for Realtors
- Digital contract software
- Landlord Software Pro Flipper
- CMA Stuffers
- Showing Suite Showing Calendar
- Topaz Software Symplifi (business analysis feature)
- HUD-1 software
- Geographic information system GIS software
- Reality Star ProAGENT Power Series Presentations
- Front Desk
- Microsoft Office
- MediaVue
- Navigation software
- Intuit QuickBooks
- eGrabber ListGrabber
- PrimaSoft PC Realtor Organizer Deluxe
- DataBasix Technologies Lead Commander