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