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