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