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