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