Will “Associate Broker” be Replaced By Robots? 🤔
86% Chance of Automation
“Associate Broker” will probably be replaced by robots.
This job is ranked #497 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
Rent, buy, or sell property for clients. Perform duties, such as study property listings, interview prospective clients, accompany clients to property site, discuss conditions of sale, and draw up real estate contracts. Includes agents who represent buyer.
Job Details
- The SOC (Standard Occupational Classification) code is 41-9022.00
- The Mean Annual Wage in the U.S. is $ 59,360.00
- The Mean Hourly Wage is $ 28.00
- Currently, there are 151,840 people on this job
☝️ Information based on the reference occupation “Real Estate Sales Agents”.
Also Known As…
- Real Estate Sales Agents
- Sales Agent
- Realtor
- Real Estate Salesperson
- Real Estate Broker Associate
- Real Estate Broker
- Real Estate Agent
- Broker in Charge
- Broker Associate
- Sales Superintendent
- Sales Specialist
- Sales Representative
- Sales Professional
- Sales Consultant
- Right-of-Way Buyer
- Right-of-Way Agent
- Right of Way Agent
- Residential Property Consultant
- Residence Leasing Agent
- Rental Sales Agent
- Real Estate Sales Associate
- Real Estate Sales Agent
- Real Estate Rental Agent
- Real Estate Professional
- Real Estate Listing Consultant
- Real Estate Closer
- Real Estate Agent/Broker
- Leasing Specialist
- Leasing Professional
- Leasing Consultant
- Leasing Agent
- Land Sales Agent
- Land Agent
- Industrial Real Estate Agent
- Contracts Specialist
- Closing Coordinator
- Closing Agent
- Buyers' Agent
- Building Consultant
- Associate Broker
- Apartment Rental Agent
- Apartment Leasing Consultant
- Apartment Leasing Agent
- Agricultural Real Estate Agent
- Agent
Tasks for “Associate Broker”
- Review plans for new construction with clients, enumerating and recommending available options and features.
- Conduct seminars and training sessions for sales agents to improve sales techniques.
- Arrange meetings between buyers and sellers when details of transactions need to be negotiated.
- Investigate clients' financial and credit status to determine eligibility for financing.
- Evaluate mortgage options to help clients obtain financing at the best prevailing rates and terms.
- Locate and appraise undeveloped areas for building sites, based on evaluations of area market conditions.
- Contact utility companies for service hookups to clients' property.
- Advise sellers on how to make homes more appealing to potential buyers.
- Answer clients' questions regarding construction work, financing, maintenance, repairs, and appraisals.
- Interview clients to determine what kinds of properties they are seeking.
- Contact property owners and advertise services to solicit property sales listings.
- Rent or lease properties on behalf of clients.
- Advise clients on market conditions, prices, mortgages, legal requirements and related matters.
- Appraise properties to determine loan values.
- Review property listings, trade journals, and relevant literature, and attend conventions, seminars, and staff and association meetings to remain knowledgeable about real estate markets.
- Coordinate property closings, overseeing signing of documents and disbursement of funds.
- Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.
- Arrange for title searches to determine whether clients have clear property titles.
- Prepare documents such as representation contracts, purchase agreements, closing statements, deeds and leases.
- Develop networks of attorneys, mortgage lenders, and contractors to whom clients may be referred.
- Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting.
- Solicit and compile listings of available rental properties.
- Display commercial, industrial, agricultural, and residential properties to clients and explain their features.
- Generate lists of properties that are compatible with buyers' needs and financial resources.
- Inspect condition of premises, and arrange for necessary maintenance or notify owners of maintenance needs.
- Compare a property with similar properties that have recently sold to determine its competitive market price.
- Confer with escrow companies, lenders, home inspectors, and pest control operators to ensure that terms and conditions of purchase agreements are met before closing dates.
- Coordinate appointments to show homes to prospective buyers.
- Promote sales of properties through advertisements, open houses, and participation in multiple listing services.
- Visit properties to assess them before showing them to clients.
- Present purchase offers to sellers for consideration.
- Secure construction or purchase financing with own firm or mortgage company.
Related Technology & Tools
- Notebook computers
- Laptop computers
- Personal digital assistants PDA
- Laser printers
- Desktop computers
- Global positioning system GPS receivers
- Personal computers
- Digital cameras
- Measuring wheels
- OWL Bookkeeping for Realtors
- IBM Lotus 1-2-3
- Argosy Legal Systems Power Closer
- In-Hand Pocket APOD
- Geographic information system GIS software
- Microsoft Word Hard to Find Contracts
- Real estate investment analysis software
- Microsoft Word
- MediaVue
- HUD-1 software
- Lucero System Office Management
- CMA Stuffers
- Web-administered databases
- ProForce Ultimate Brochures
- SRC Cash Flow Analyzer Pro
- FloodMaps
- Reveal Systems Truewire
- DeLorme Topo USA
- Telluride Software Classic Trak-It
- Corel WordPerfect
- iKorb Real Estate
- Showing Suite
- Scheduling software
- National Association of Realtors Online Database
- Real Pro
- RPIS Silent Flyer
- Front Desk
- Showing Suite HomeFeedback
- Spreadsheet software
- Internet browser software
- PrimaSoft PC Realtor Organizer Deluxe
- Microsoft Office
- Web page creation and editing software
- Topaz Software Symplifi (business analysis feature)
- Yardi Systems Yardi Enterprise
- Digital contract software
- Microsoft Excel
- Landlord Software Pro Flipper
- Newsletter production software
- Panorama Technologies ModelWeaver
- Greenbrier Graphics Deed Plotter
- Microsoft PowerPoint
- RealtyStar AgentOffice
- Home rating software
- eGrabber ListGrabber
- Email software
- TopProducer
- Microsoft Publisher
- DataBasix Technologies Lead Commander
- RealData Comparative Lease Analysis
- Commercial and industrial development project cost analysis software
- Topaz Software Symplifi (CRM feature)
- TimeValue software
- Navigation software
- Reality Star ProAGENT Power Series Presentations
- The IPIX Real Estate Wizard hometour360 Wizard
- Panoweaver Panorama
- Tax software
- Garmin City Select
- Easypano Tourweaver
- Wheatworks Real Estate Calculator Suite
- RealtyStar Real Estate Assistant
- Internet based MLS database software
- Showing Suite HomeFollowup
- Iseemedia Photovista Panorama
- Document creation software
- Yardi
- Real estate application contract transmission REACT software
- Microsoft FrontPage
- Intuit QuickBooks
- Power Real Estate Letters
- ProForce Highlight Flyer Master
- Financial calculators software
- Agent Business Builder
- Loan application processing software
- Microsoft Outlook
- Showing Suite Showing Calendar
- Adobe Systems Adobe Acrobat
- General Magic Portico