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”

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

Related Technology & Tools

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

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