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