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