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