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