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