Will “Broker in Charge” be Replaced By Robots? 🤔
86% Chance of Automation
“Broker in Charge” 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 Associate
- Associate Broker
- 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
- Broker in Charge
- Apartment Rental Agent
- Apartment Leasing Consultant
- Apartment Leasing Agent
- Agricultural Real Estate Agent
- Agent
Tasks for “Broker in Charge”
- Interview clients to determine what kinds of properties they are seeking.
- Evaluate mortgage options to help clients obtain financing at the best prevailing rates and terms.
- Solicit and compile listings of available rental properties.
- Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting.
- Advise clients on market conditions, prices, mortgages, legal requirements and related matters.
- 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.
- 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 property closings, overseeing signing of documents and disbursement of funds.
- Visit properties to assess them before showing them to clients.
- Appraise properties to determine loan values.
- Inspect condition of premises, and arrange for necessary maintenance or notify owners of maintenance needs.
- Contact utility companies for service hookups to clients' property.
- Secure construction or purchase financing with own firm or mortgage company.
- Generate lists of properties that are compatible with buyers' needs and financial resources.
- Answer clients' questions regarding construction work, financing, maintenance, repairs, and appraisals.
- 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.
- Review property listings, trade journals, and relevant literature, and attend conventions, seminars, and staff and association meetings to remain knowledgeable about real estate markets.
- 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.
- 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.
- Compare a property with similar properties that have recently sold to determine its competitive market price.
- Rent or lease properties on behalf of clients.
- Coordinate appointments to show homes to prospective buyers.
- Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.
- Develop networks of attorneys, mortgage lenders, and contractors to whom clients may be referred.
- Advise sellers on how to make homes more appealing to potential buyers.
- Contact property owners and advertise services to solicit property sales listings.
Related Technology & Tools
- Desktop computers
- Laser printers
- Personal digital assistants PDA
- Global positioning system GPS receivers
- Measuring wheels
- Laptop computers
- Notebook computers
- Digital cameras
- Personal computers
- SRC Cash Flow Analyzer Pro
- Panorama Technologies ModelWeaver
- IBM Lotus 1-2-3
- Loan application processing software
- CMA Stuffers
- Showing Suite
- Panoweaver Panorama
- OWL Bookkeeping for Realtors
- Internet based MLS database software
- Microsoft Word Hard to Find Contracts
- Front Desk
- Document creation software
- RPIS Silent Flyer
- Greenbrier Graphics Deed Plotter
- Showing Suite HomeFollowup
- Internet browser software
- DataBasix Technologies Lead Commander
- Microsoft Office
- Microsoft Publisher
- TopProducer
- Scheduling software
- Agent Business Builder
- Showing Suite HomeFeedback
- Microsoft PowerPoint
- Web page creation and editing software
- National Association of Realtors Online Database
- Financial calculators software
- Microsoft Word
- Iseemedia Photovista Panorama
- Real estate application contract transmission REACT software
- Real estate investment analysis software
- eGrabber ListGrabber
- Microsoft FrontPage
- Telluride Software Classic Trak-It
- PrimaSoft PC Realtor Organizer Deluxe
- Web-administered databases
- Microsoft Excel
- Yardi
- Tax software
- Reality Star ProAGENT Power Series Presentations
- ProForce Highlight Flyer Master
- FloodMaps
- RealData Comparative Lease Analysis
- Power Real Estate Letters
- ProForce Ultimate Brochures
- Digital contract software
- DeLorme Topo USA
- Argosy Legal Systems Power Closer
- Intuit QuickBooks
- MediaVue
- Newsletter production software
- Home rating software
- Spreadsheet software
- Geographic information system GIS software
- Email software
- In-Hand Pocket APOD
- The IPIX Real Estate Wizard hometour360 Wizard
- Adobe Systems Adobe Acrobat
- Showing Suite Showing Calendar
- Topaz Software Symplifi (business analysis feature)
- HUD-1 software
- Real Pro
- Easypano Tourweaver
- Topaz Software Symplifi (CRM feature)
- Microsoft Outlook
- Commercial and industrial development project cost analysis software
- RealtyStar AgentOffice
- TimeValue software
- Lucero System Office Management
- RealtyStar Real Estate Assistant
- Garmin City Select
- Navigation software
- iKorb Real Estate
- Yardi Systems Yardi Enterprise
- Corel WordPerfect
- Wheatworks Real Estate Calculator Suite
- Landlord Software Pro Flipper
- General Magic Portico
- Reveal Systems Truewire