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