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