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