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