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