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