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