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