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