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