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