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”
- Conduct seminars and training sessions for sales agents to improve sales techniques.
- Arrange for title searches to determine whether clients have clear property titles.
- Answer clients' questions regarding construction work, financing, maintenance, repairs, and appraisals.
- Arrange meetings between buyers and sellers when details of transactions need to be negotiated.
- Solicit and compile listings of available rental properties.
- Locate and appraise undeveloped areas for building sites, based on evaluations of area market conditions.
- Advise clients on market conditions, prices, mortgages, legal requirements and related matters.
- Secure construction or purchase financing with own firm or mortgage company.
- Coordinate property closings, overseeing signing of documents and disbursement of funds.
- Present purchase offers to sellers for consideration.
- Generate lists of properties that are compatible with buyers' needs and financial resources.
- Review plans for new construction with clients, enumerating and recommending available options and features.
- Compare a property with similar properties that have recently sold to determine its competitive market price.
- Appraise properties to determine loan values.
- Inspect condition of premises, and arrange for necessary maintenance or notify owners of maintenance needs.
- Rent or lease properties on behalf of clients.
- Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting.
- Investigate clients' financial and credit status to determine eligibility for financing.
- 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.
- Display commercial, industrial, agricultural, and residential properties to clients and explain their features.
- Contact property owners and advertise services to solicit property sales listings.
- Visit properties to assess them before showing them to clients.
- Advise sellers on how to make homes more appealing to potential buyers.
- Develop networks of attorneys, mortgage lenders, and contractors to whom clients may be referred.
- Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.
- Promote sales of properties through advertisements, open houses, and participation in multiple listing services.
- Evaluate mortgage options to help clients obtain financing at the best prevailing rates and terms.
- Contact utility companies for service hookups to clients' property.
- Review property listings, trade journals, and relevant literature, and attend conventions, seminars, and staff and association meetings to remain knowledgeable about real estate markets.
- Prepare documents such as representation contracts, purchase agreements, closing statements, deeds and leases.
- Coordinate appointments to show homes to prospective buyers.
- Interview clients to determine what kinds of properties they are seeking.
Related Technology & Tools
- Personal digital assistants PDA
- Laptop computers
- Desktop computers
- Global positioning system GPS receivers
- Notebook computers
- Personal computers
- Digital cameras
- Laser printers
- Measuring wheels
- Corel WordPerfect
- RPIS Silent Flyer
- Web page creation and editing software
- Lucero System Office Management
- Navigation software
- Microsoft Word Hard to Find Contracts
- Loan application processing software
- Scheduling software
- RealtyStar Real Estate Assistant
- TopProducer
- Yardi
- Showing Suite Showing Calendar
- Showing Suite HomeFeedback
- Reality Star ProAGENT Power Series Presentations
- Geographic information system GIS software
- Telluride Software Classic Trak-It
- RealtyStar AgentOffice
- Real estate investment analysis software
- In-Hand Pocket APOD
- Digital contract software
- Wheatworks Real Estate Calculator Suite
- Microsoft Word
- CMA Stuffers
- Real estate application contract transmission REACT software
- Real Pro
- Landlord Software Pro Flipper
- RealData Comparative Lease Analysis
- Spreadsheet software
- TimeValue software
- IBM Lotus 1-2-3
- Microsoft FrontPage
- ProForce Highlight Flyer Master
- Front Desk
- Showing Suite
- Newsletter production software
- Panoweaver Panorama
- Showing Suite HomeFollowup
- Panorama Technologies ModelWeaver
- Financial calculators software
- Easypano Tourweaver
- Agent Business Builder
- Topaz Software Symplifi (business analysis feature)
- Garmin City Select
- Microsoft Office
- Internet browser software
- ProForce Ultimate Brochures
- PrimaSoft PC Realtor Organizer Deluxe
- Microsoft PowerPoint
- OWL Bookkeeping for Realtors
- DataBasix Technologies Lead Commander
- DeLorme Topo USA
- National Association of Realtors Online Database
- Web-administered databases
- Commercial and industrial development project cost analysis software
- FloodMaps
- Iseemedia Photovista Panorama
- The IPIX Real Estate Wizard hometour360 Wizard
- Microsoft Outlook
- Power Real Estate Letters
- Greenbrier Graphics Deed Plotter
- Tax software
- Email software
- Home rating software
- Argosy Legal Systems Power Closer
- HUD-1 software
- iKorb Real Estate
- Yardi Systems Yardi Enterprise
- Adobe Systems Adobe Acrobat
- eGrabber ListGrabber
- Topaz Software Symplifi (CRM feature)
- SRC Cash Flow Analyzer Pro
- Internet based MLS database software
- Microsoft Excel
- Document creation software
- Reveal Systems Truewire
- Intuit QuickBooks
- Microsoft Publisher
- General Magic Portico
- MediaVue