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