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