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