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