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