Will “Managing Broker” be Replaced By Robots? 🤔
97% Chance of Automation
“Managing 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.
Care to share? Click for Facebook, Twitter, LinkedIn, or XING. 👍
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
- Designated Broker
- Broker Associate
- Broker Assistant
- Broker
- Realty Specialist
- Realty Loan Specialist
- Real Estate Salesperson
- Real Estate Closer
- Managing Broker
- Licensed Real Estate Broker
- Lease Analyst
- Lease Administration Analyst
- Dealer
- Contract Specialist
- Closing Agent
- Buyer Broker
Tasks for “Managing Broker”
- Manage or operate real estate offices, handling associated business details.
- Give buyers virtual tours of properties in which they are interested, 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.
- 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.
- Rent properties or manage rental properties.
- Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
- Review property details to ensure that environmental regulations are met.
- Supervise agents who handle real estate transactions.
- Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
- Arrange for financing of property purchases.
- 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.
- Compare a property with similar properties that have recently sold to determine its competitive market price.
- Arrange for title searches of properties being sold.
- Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
- Develop, sell, or lease property used for industry or manufacturing.
- Sell, for a fee, real estate owned by others.
- Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
Related Technology & Tools
- Personal computers
- Personal digital assistants PDA
- Desktop computers
- Measuring tapes
- Laser facsimile machines
- Passenger vehicles
- Computer laser printers
- Laptop computers
- Photocopying equipment
- Digital cameras
- Digital video cameras
- Handheld calculators
- Microsoft Office
- Adobe Systems Adobe Photoshop
- Google Earth Pro
- Enterprise Software Systems CRE Sync
- RealData REIA
- Real Estate Assistant REA
- Propertyware
- Microsoft Internet Explorer
- Property Boulevard
- Showing Suite
- Customer relationship management CRM software
- Microsoft Outlook
- Deep Forest Systems OnCite
- Intuit QuickBooks
- Microsoft PowerPoint
- Property records databases
- AMTdirect
- Microsoft Word
- London Computer Systems Rent Manager
- Visual Lease
- AppFolio Property Manager
- Yardi Systems Yardi Voyager Commercial
- Lease Cost Solutions LseMod
- Domin-8 Enterprise Solutions Tenant Pro
- PropertyBoss Solutions PropertyBoss
- Microsoft Excel
- Web browser software
- First American CoreLogic RealQuest Pro
- Real estate listing databases