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