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