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