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