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