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.
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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
- Broker Associate
- Broker Assistant
- Broker
- Realty Specialist
- Realty Loan Specialist
- Real Estate Salesperson
- Real Estate Closer
- Licensed Real Estate Broker
- Lease Analyst
- Lease Administration Analyst
- Designated Broker
- Dealer
- 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.
- Sell, for a fee, real estate owned by others.
- Arrange for title searches of properties being sold.
- Give buyers virtual tours of properties in which they are interested, using computers.
- Manage or operate real estate offices, handling associated business details.
- Obtain agreements from property owners to place properties for sale with real estate firms.
- 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.
- Compare a property with similar properties that have recently sold to determine its competitive market price.
- Develop, sell, or lease property used for industry or manufacturing.
- Appraise property values, assessing income potential when relevant.
- Maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of the area where a property is located.
- Rent properties or manage rental properties.
- Supervise agents who handle real estate transactions.
- 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.
- Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
- Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
- Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
- Arrange for financing of property purchases.
Related Technology & Tools
- Computer laser printers
- Desktop computers
- Personal computers
- Laser facsimile machines
- Personal digital assistants PDA
- Passenger vehicles
- Laptop computers
- Digital video cameras
- Digital cameras
- Photocopying equipment
- Handheld calculators
- Measuring tapes
- Google Earth Pro
- First American CoreLogic RealQuest Pro
- Microsoft Excel
- London Computer Systems Rent Manager
- Domin-8 Enterprise Solutions Tenant Pro
- PropertyBoss Solutions PropertyBoss
- Lease Cost Solutions LseMod
- RealData REIA
- Property records databases
- Microsoft PowerPoint
- Property Boulevard
- Intuit QuickBooks
- Real estate listing databases
- Adobe Systems Adobe Photoshop
- Microsoft Internet Explorer
- Microsoft Office
- Web browser software
- Customer relationship management CRM software
- AppFolio Property Manager
- Microsoft Outlook
- Deep Forest Systems OnCite
- Showing Suite
- Enterprise Software Systems CRE Sync
- Real Estate Assistant REA
- AMTdirect
- Visual Lease
- Microsoft Word
- Propertyware
- Yardi Systems Yardi Voyager Commercial