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