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