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