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