Real Estate Brokers

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Job Description

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Key Tasks

• Sell, for a fee, real estate owned by others.
• Obtain agreements from property owners to place properties for sale with real estate firms.
• Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
• Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
• Manage or operate real estate offices, handling associated business details.
• Compare a property with similar properties that have recently sold to determine its competitive market price.
• Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
• Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
• Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
• Rent properties or manage rental properties.
• Maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of a property's area.
• Arrange for title searches of properties being sold.
• Appraise property values, assessing income potential when relevant.
• Supervise agents who handle real estate transactions.
• Arrange for financing of property purchases.
• Give buyers virtual tours of properties in which they are interested, using computers.
• Review property details to ensure that environmental regulations are met.

O*NET Information

• SOC Code: 41-9021.00
• Title: Real Estate Brokers

Related Occupations

Based on O*NET Standard Occupational Classification.

Career Resources

import { $ } from 'sdk.do'

const job = await $.Occupation.create({
  title: 'Real Estate Brokers',
  description: 'undefined',
  socCode: '41-9021.00',
})