National

Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.

Sample of reported job titles: Broker, Real Estate Broker, Associate Broker, Realtor, Broker Associate, Real Eastate Sales Associate, Real Estate Agent, Office Administrator, Office Manager, Real Estate Associate

Tasks

• Sell, for a fee, real estate owned by others.
• Obtain agreements from property owners to place properties for sale with real estate firms.
• Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
• Compare a property with similar properties that have recently sold, in order to determine its competitive market price.
• 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 and descriptions, and available financing options, using computers.
• Maintain knowledge of real estate law, local economies, fair housing laws, and types of available mortgages, financing options and government programs.
• Check work completed by loan officers, attorneys, and other professionals to ensure that it is performed properly.
• Arrange for financing of property purchases.
• Appraise property values, assessing income potential when relevant.

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Tools & Technology

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