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