Will “Broker Assistant” be Replaced By Robots? 🤔

Job Description

Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.

Job Details

• The SOC (Standard Occupational Classification) code is 41-9021.00
• The Mean Annual Wage in the U.S. is $ 79,340.00
• The Mean Hourly Wage is $ 38.00
• Currently, there are 40,850 people on this job

☝️ Information based on the reference occupation “Real Estate Brokers”.

Also Known As…

• Real Estate Brokers
• Supervising Broker
• Realtor
• Real Estate Sales Associate
• Real Estate Broker
• Real Estate Associate
• Managing Broker
• Designated Broker
• Broker Associate
• Broker
• Realty Specialist
• Realty Loan Specialist
• Real Estate Salesperson
• Real Estate Closer
• Licensed Real Estate Broker
• Lease Analyst
• Lease Administration Analyst
• Dealer
• Contract Specialist
• Closing Agent
• Buyer Broker
• Broker Assistant

Tasks for “Broker Assistant”

• Give buyers virtual tours of properties in which they are interested, using computers.
• Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
• Arrange for financing of property purchases.
• Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
• Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
• Maintain working knowledge of various factors that determine a farm's capacity to produce, such as agricultural variables and proximity to market centers and transportation facilities.
• Review property details to ensure that environmental regulations are met.
• Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
• Manage or operate real estate offices, handling associated business details.
• Sell, for a fee, real estate owned by others.
• Appraise property values, assessing income potential when relevant.
• Develop, sell, or lease property used for industry or manufacturing.
• Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
• Rent properties or manage rental properties.
• Arrange for title searches of properties being sold.
• Compare a property with similar properties that have recently sold to determine its competitive market price.
• Obtain agreements from property owners to place properties for sale with real estate firms.
• Supervise agents who handle real estate transactions.
• Maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of the area where a property is located.

Related Technology & Tools

• Personal computers
• Handheld calculators
• Passenger vehicles
• Digital cameras
• Measuring tapes
• Laser facsimile machines
• Laptop computers
• Desktop computers
• Photocopying equipment
• Computer laser printers
• Personal digital assistants PDA
• Digital video cameras

• Web browser software
• London Computer Systems Rent Manager
• Property records databases
• Real Estate Assistant REA
• Domin-8 Enterprise Solutions Tenant Pro
• AMTdirect
• Microsoft Excel
• Real estate listing databases
• First American CoreLogic RealQuest Pro
• Enterprise Software Systems CRE Sync
• Customer relationship management CRM software
• Microsoft Outlook
• Showing Suite
• Visual Lease
• RealData REIA
• AppFolio Property Manager
• Google Earth Pro
• Yardi Systems Yardi Voyager Commercial
• Microsoft Office
• Adobe Systems Adobe Photoshop
• Microsoft Internet Explorer
• Lease Cost Solutions LseMod
• Propertyware
• Microsoft PowerPoint
• Microsoft Word
• Intuit QuickBooks
• PropertyBoss Solutions PropertyBoss
• Property Boulevard
• Deep Forest Systems OnCite