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