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