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