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