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”
- Contact property owners and advertise services to solicit property sales listings.
- Inspect condition of premises, and arrange for necessary maintenance or notify owners of maintenance needs.
- 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.
- Generate lists of properties that are compatible with buyers' needs and financial resources.
- Advise clients on market conditions, prices, mortgages, legal requirements and related matters.
- Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting.
- Conduct seminars and training sessions for sales agents to improve sales techniques.
- Contact utility companies for service hookups to clients' property.
- Promote sales of properties through advertisements, open houses, and participation in multiple listing services.
- Coordinate property closings, overseeing signing of documents and disbursement of funds.
- Display commercial, industrial, agricultural, and residential properties to clients and explain their features.
- Review plans for new construction with clients, enumerating and recommending available options and features.
- Advise sellers on how to make homes more appealing to potential buyers.
- Investigate clients' financial and credit status to determine eligibility for financing.
- Review property listings, trade journals, and relevant literature, and attend conventions, seminars, and staff and association meetings to remain knowledgeable about real estate markets.
- Visit properties to assess them before showing them to clients.
- Present purchase offers to sellers for consideration.
- Locate and appraise undeveloped areas for building sites, based on evaluations of area market conditions.
- Evaluate mortgage options to help clients obtain financing at the best prevailing rates and terms.
- Prepare documents such as representation contracts, purchase agreements, closing statements, deeds and leases.
- 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.
- Answer clients' questions regarding construction work, financing, maintenance, repairs, and appraisals.
- Solicit and compile listings of available rental properties.
- Secure construction or purchase financing with own firm or mortgage company.
- Arrange meetings between buyers and sellers when details of transactions need to be negotiated.
- Appraise properties to determine loan values.
- Interview clients to determine what kinds of properties they are seeking.
- Compare a property with similar properties that have recently sold to determine its competitive market price.
- Develop networks of attorneys, mortgage lenders, and contractors to whom clients may be referred.
- Rent or lease properties on behalf of clients.
Related Technology & Tools
- Personal computers
- Desktop computers
- Laptop computers
- Personal digital assistants PDA
- Digital cameras
- Notebook computers
- Measuring wheels
- Global positioning system GPS receivers
- Laser printers
- IBM Lotus 1-2-3
- FloodMaps
- Reality Star ProAGENT Power Series Presentations
- Showing Suite HomeFeedback
- Microsoft Outlook
- Adobe Systems Adobe Acrobat
- ProForce Ultimate Brochures
- Internet based MLS database software
- Telluride Software Classic Trak-It
- Navigation software
- Spreadsheet software
- Commercial and industrial development project cost analysis software
- Microsoft Office
- Microsoft PowerPoint
- Document creation software
- In-Hand Pocket APOD
- Front Desk
- Microsoft Word
- Web page creation and editing software
- Topaz Software Symplifi (CRM feature)
- Web-administered databases
- SRC Cash Flow Analyzer Pro
- Garmin City Select
- Yardi Systems Yardi Enterprise
- eGrabber ListGrabber
- CMA Stuffers
- Showing Suite HomeFollowup
- Power Real Estate Letters
- Yardi
- Real estate investment analysis software
- Real estate application contract transmission REACT software
- RPIS Silent Flyer
- Email software
- Tax software
- Lucero System Office Management
- Wheatworks Real Estate Calculator Suite
- The IPIX Real Estate Wizard hometour360 Wizard
- Digital contract software
- DataBasix Technologies Lead Commander
- Iseemedia Photovista Panorama
- DeLorme Topo USA
- HUD-1 software
- Geographic information system GIS software
- Panoweaver Panorama
- Corel WordPerfect
- TopProducer
- Intuit QuickBooks
- OWL Bookkeeping for Realtors
- Microsoft Excel
- Real Pro
- Loan application processing software
- RealData Comparative Lease Analysis
- Topaz Software Symplifi (business analysis feature)
- General Magic Portico
- Home rating software
- PrimaSoft PC Realtor Organizer Deluxe
- Showing Suite Showing Calendar
- Easypano Tourweaver
- Microsoft Word Hard to Find Contracts
- Reveal Systems Truewire
- Landlord Software Pro Flipper
- Argosy Legal Systems Power Closer
- Newsletter production software
- MediaVue
- Internet browser software
- Scheduling software
- Microsoft FrontPage
- Microsoft Publisher
- Greenbrier Graphics Deed Plotter
- National Association of Realtors Online Database
- Panorama Technologies ModelWeaver
- RealtyStar AgentOffice
- Agent Business Builder
- TimeValue software
- RealtyStar Real Estate Assistant
- Showing Suite
- Financial calculators software
- iKorb Real Estate
- ProForce Highlight Flyer Master