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