Will “Real Estate Associate” be Replaced By Robots? 🤔

97% Chance of Automation

“Real Estate Associate” will almost certainly be replaced by robots.

This job is ranked #663 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

Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.

Job Details

The SOC (Standard Occupational Classification) code is 41-9021.00
The Mean Annual Wage in the U.S. is $ 79,340.00
The Mean Hourly Wage is $ 38.00
Currently, there are 40,850 people on this job

☝️ Information based on the reference occupation “Real Estate Brokers”.

Also Known As…

Tasks for “Real Estate Associate”

Appraise property values, assessing income potential when relevant.
Supervise agents who handle real estate transactions.
Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
Obtain agreements from property owners to place properties for sale with real estate firms.
Arrange for title searches of properties being sold.
Develop, sell, or lease property used for industry or manufacturing.
Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
Sell, for a fee, real estate owned by others.
Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
Compare a property with similar properties that have recently sold to determine its competitive market price.
Rent properties or manage rental properties.
Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
Review property details to ensure that environmental regulations are met.
Arrange for financing of property purchases.
Manage or operate real estate offices, handling associated business details.
Give buyers virtual tours of properties in which they are interested, using computers.
Maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of the area where a property is located.
Maintain working knowledge of various factors that determine a farm's capacity to produce, such as agricultural variables and proximity to market centers and transportation facilities.

Related Technology & Tools

Photocopying equipment
Desktop computers
Measuring tapes
Computer laser printers
Digital video cameras
Laptop computers
Digital cameras
Personal computers
Laser facsimile machines
Handheld calculators
Personal digital assistants PDA
Passenger vehicles

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Web browser software
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Microsoft Office
First American CoreLogic RealQuest Pro
Microsoft Excel
Microsoft PowerPoint
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