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