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