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