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