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