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