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