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