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