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