Will “Right-of-Way Buyer” be Replaced By Robots? 🤔
86% Chance of Automation
“Right-of-Way Buyer” 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 Agent
- 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 Buyer”
- Generate lists of properties that are compatible with buyers' needs and financial resources.
- Arrange for title searches to determine whether clients have clear property titles.
- Rent or lease properties on behalf of clients.
- Arrange meetings between buyers and sellers when details of transactions need to be negotiated.
- Solicit and compile listings of available rental properties.
- 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.
- Compare a property with similar properties that have recently sold to determine its competitive market price.
- Review plans for new construction with clients, enumerating and recommending available options and features.
- Contact property owners and advertise services to solicit property sales listings.
- Answer clients' questions regarding construction work, financing, maintenance, repairs, and appraisals.
- Interview clients to determine what kinds of properties they are seeking.
- Evaluate mortgage options to help clients obtain financing at the best prevailing rates and terms.
- Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting.
- Display commercial, industrial, agricultural, and residential properties to clients and explain their features.
- Inspect condition of premises, and arrange for necessary maintenance or notify owners of maintenance needs.
- Contact utility companies for service hookups to clients' property.
- 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.
- Visit properties to assess them before showing them to clients.
- Locate and appraise undeveloped areas for building sites, based on evaluations of area market conditions.
- Advise sellers on how to make homes more appealing to potential buyers.
- Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.
- Present purchase offers to sellers for consideration.
- Secure construction or purchase financing with own firm or mortgage company.
- Coordinate appointments to show homes to prospective buyers.
- Coordinate property closings, overseeing signing of documents and disbursement of funds.
- Promote sales of properties through advertisements, open houses, and participation in multiple listing services.
- Conduct seminars and training sessions for sales agents to improve sales techniques.
- Prepare documents such as representation contracts, purchase agreements, closing statements, deeds and leases.
- Investigate clients' financial and credit status to determine eligibility for financing.
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