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