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