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