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