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