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