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