Will “Designated Broker” be Replaced By Robots? 🤔
97% Chance of Automation
“Designated Broker” will almost certainly be replaced by robots.
This job is ranked #663 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.
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.
- 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
- Real Estate Sales Associate
- Real Estate Broker
- Real Estate Associate
- Managing Broker
- Broker Associate
- Broker Assistant
- Realty Specialist
- Realty Loan Specialist
- Real Estate Salesperson
- Real Estate Closer
- Licensed Real Estate Broker
- Lease Analyst
- Lease Administration Analyst
- Designated Broker
- Contract Specialist
- Closing Agent
- Buyer Broker
Tasks for “Designated Broker”
- Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
- Maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of the area where a property is located.
- Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
- Review property details to ensure that environmental regulations are met.
- Develop, sell, or lease property used for industry or manufacturing.
- 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.
- Sell, for a fee, real estate owned by others.
- Arrange for title searches of properties being sold.
- Obtain agreements from property owners to place properties for sale with real estate firms.
- Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
- Appraise property values, assessing income potential when relevant.
- Give buyers virtual tours of properties in which they are interested, using computers.
- Compare a property with similar properties that have recently sold to determine its competitive market price.
- Supervise agents who handle real estate transactions.
- Rent properties or manage rental properties.
- Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
- Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
- Arrange for financing of property purchases.
- Manage or operate real estate offices, handling associated business details.
Related Technology & Tools
- Photocopying equipment
- Laser facsimile machines
- Computer laser printers
- Laptop computers
- Digital video cameras
- Personal computers
- Digital cameras
- Measuring tapes
- Handheld calculators
- Personal digital assistants PDA
- Desktop computers
- Passenger vehicles
- Google Earth Pro
- Property records databases
- London Computer Systems Rent Manager
- Microsoft PowerPoint
- Customer relationship management CRM software
- Intuit QuickBooks
- Yardi Systems Yardi Voyager Commercial
- Real Estate Assistant REA
- Adobe Systems Adobe Photoshop
- Property Boulevard
- Deep Forest Systems OnCite
- First American CoreLogic RealQuest Pro
- Showing Suite
- Microsoft Excel
- Real estate listing databases
- Enterprise Software Systems CRE Sync
- RealData REIA
- Microsoft Word
- Visual Lease
- AppFolio Property Manager
- Lease Cost Solutions LseMod
- Microsoft Office
- Microsoft Outlook
- PropertyBoss Solutions PropertyBoss
- Microsoft Internet Explorer
- Web browser software
- Domin-8 Enterprise Solutions Tenant Pro