Real Estate Brokers
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.
- Tasks
- 17 tasks13 core, 4 supplemental
- Family
- SalesOne of its 23 occupations
- Code
- 41-9021.00SOC 2018: 41-9021
What the work is made of
13 core tasks and 4 supplemental, each quoted as published, with the survey it came from.
Core: central to the jobSupplemental: done by some, not all
- Task 1. Sell, for a fee, real estate owned by others.Core taskTask 4599Rated by 63 people who do the job, July 2015
- Task 2. Obtain agreements from property owners to place properties for sale with real estate firms.Core taskTask 4600Rated by 63 people who do the job, July 2015
- Task 3. Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.Core taskTask 4603Rated by 63 people who do the job, July 2015
- Task 4. Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.Core taskTask 4604Rated by 63 people who do the job, July 2015
- Task 5. Manage or operate real estate offices, handling associated business details.Core taskTask 4610Rated by 63 people who do the job, July 2015
- Task 6. Compare a property with similar properties that have recently sold to determine its competitive market price.Core taskTask 4602Rated by 63 people who do the job, July 2015
- Task 7. Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.Core taskTask 4605Rated by 63 people who do the job, July 2015
- Task 8. Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.Core taskTask 4601Rated by 62 people who do the job, July 2015
- Task 9. Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.Core taskTask 4606Rated by 63 people who do the job, July 2015
- Task 10. Rent properties or manage rental properties.Core taskTask 4612Rated by 63 people who do the job, July 2015
- Task 11. Maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of a property's area.Core taskTask 4609Rated by 63 people who do the job, July 2015
- Task 12. Arrange for title searches of properties being sold.Core taskTask 4613Rated by 63 people who do the job, July 2015
- Task 13. Appraise property values, assessing income potential when relevant.Core taskTask 4608Rated by 63 people who do the job, July 2015
- Task 14. Supervise agents who handle real estate transactions.Supplemental taskTask 4611Rated by 63 people who do the job, July 2015
- Task 15. Arrange for financing of property purchases.Supplemental taskTask 4607Rated by 63 people who do the job, July 2015
- Task 16. Give buyers virtual tours of properties in which they are interested, using computers.Supplemental taskTask 4614Rated by 63 people who do the job, July 2015
- Task 17. Review property details to ensure that environmental regulations are met.Supplemental taskTask 4615Rated by 63 people who do the job, July 2015
Where this comes from
Quoted from the U.S. Department of Labor, and credited. Nothing on this page is written by us.
How we copy and credit sources- Published byO*NET 29.0, U.S. Department of LaborEmployment and Training Administration
- ClassificationStandard Occupational Classification 2018, 41-9021
- LicenseCC BY 4.0Free to copy and reuse, with credit
- Changed by usNothing.
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