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Automation Risk Analysis

Will “Real Estate Firm Manager” be Automated?

Historical Context: Oxford Study (2013)

Ranked #446 of 702. Estimated risk: 81.0%

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AI Exposure Risk

55%

“Real Estate Firm Manager” will maybe be replaced by AI.

Based on the cognitive demands, communication requirements, and logical reasoning intrinsic to this occupation according to O*NET data, we project a 55% probability of disruption by generative AI and Large Language Models.

Automation & Robot Risk

25%

“Real Estate Firm Manager” will almost certainly not be replaced by robots.

Evaluating the physical dexterity, repetitive motion tasks, and manual labor associated with this role, our analysis indicates a 25% likelihood of substitution by advanced robotics systems.

Personal & Financial Insights

Every occupation has a unique profile. For Property, Real Estate, and Community Association Managers, the Bureau of Labor Statistics and O*NET classify the day-to-day work broadly as: Plan, direct, or coordinate the selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties. Includes managers of homeowner and condominium associations, rented or leased housing units, buildings, or land (including rights-of-way).

Avg. Annual Salary $82,720
Avg. Hourly Wage $39.77
Available Jobs (US) 296,640
Job Title & Hierarchy Code (SOC) Property, Real Estate, and Community Association Managers #11-9141
Wage vs. National Median
ℹ️

Data is based on the reference occupation: “Property, Real Estate, and Community Association Managers”

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Core Skills & Abilities

  • Confer regularly with community association members to ensure their needs are being met.

  • Negotiate short- and long-term loans to finance construction and ownership of structures.

  • Purchase building and maintenance supplies, equipment, or furniture.

  • Meet with prospective tenants to show properties, explain terms of occupancy, and provide information about local areas.

  • Confer with legal authorities to ensure that renting and advertising practices are not discriminatory and that properties comply with state and federal regulations.

  • Prepare and administer contracts for provision of property services, such as cleaning, maintenance, and security services.

  • Investigate complaints, disturbances, and violations and resolve problems, following management rules and regulations.

  • Determine and certify the eligibility of prospective tenants, following government regulations.

  • Meet with boards of directors and committees to discuss and resolve legal and environmental issues or disputes between neighbors.

  • Contract with architectural firms to draw up detailed plans for new structures.

  • Market vacant space to prospective tenants through leasing agents, advertising, or other methods.

  • Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.

  • Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.

  • Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.

  • Maintain records of sales, rental or usage activity, special permits issued, maintenance and operating costs, or property availability.

  • Maintain contact with insurance carriers, fire and police departments, and other agencies to ensure protection and compliance with codes and regulations.

  • Analyze information on property values, taxes, zoning, population growth, and traffic volume and patterns to determine if properties should be acquired.

  • Clean common areas, change light bulbs, and make minor property repairs.

  • Inspect grounds, facilities, and equipment routinely to determine necessity of repairs or maintenance.

  • Act as liaisons between on-site managers or tenants and owners.

  • Negotiate with government leaders, businesses, special interest representatives, and utility companies to gain support for new projects and to eliminate potential obstacles.

  • Solicit and analyze bids from contractors for repairs, renovations, and maintenance.

  • Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.

  • Negotiate the sale, lease, or development of property and complete or review appropriate documents and forms.

  • Prepare detailed budgets and financial reports for properties.

  • Review rents to ensure that they are in line with rental markets.

  • Direct and coordinate the activities of staff and contract personnel and evaluate their performance.

Technologies & Software

  • Perplexity AI
  • Turtle Creek Software Goldenseal
  • Microsoft Windows
  • SpiritWorks Software Development Rental Property Tracker Plus
  • Jenark Business Systems
  • RealEasyBooks ezREB
  • London Computer Systems Rent Manager
  • Notion AI
  • Nova (Amazon)
  • TCG Technologies i-CAM
  • Hypertext markup language HTML
  • Google Drive
  • Bostonpost Technology Property Manager
  • FullHouse Software Investment Property Manager
  • Microsoft Copilot
  • Property Solutions International ResidentPortal
  • Web browser software
  • Microsoft Outlook
  • YouTube
  • Card key management software
  • Propertyware
  • Just So Software The Property Manager
  • Tax software
  • Microsoft Office software
  • O'Brien Grasso RE Software Property Master
  • DeepSeek
  • Intuit QuickBooks
  • Microsoft Dynamics
  • PT Software Solutions PT Rental Assistant
  • Landport Systems Landport
  • Microsoft Project
  • Grok (xAI)
  • IDEAS Software & Training IDEAS Property Clerk
  • Property Boulevard
  • ChatGPT (OpenAI)
  • Yardi Systems Yardi Voyager Condo, Co-op, and HOA
  • Yardi Systems Yardi Voyager Commercial
  • Calendar and scheduling software
  • Qualitica RentBoss
  • LandlordMax
  • Microsoft Excel
  • LinkedIn
  • Gemini for Workspace
  • TrackPro Services TrackPro Manager
  • Qwen (Alibaba)
  • Advantos Systems DataTrust Enterprise
  • Fireflies.ai
  • Google Docs
  • W G Software Tenant File
  • Google Analytics
  • Facebook
  • Claude (Anthropic)
  • Microsoft Access
  • Microsoft Word
  • Quicken
  • Mistral (Mistral AI)
  • iRealty Manager
  • PropertyView Solutions Remanage
  • Domin-8 Enterprise Solutions RentRight
  • RealPage OneSite
  • Yardi software
  • SS&C Technologies Skyline Property Management
  • Oracle JD Edwards EnterpriseOne
  • Microsoft PowerPoint
  • Llama (Meta)
  • Infor Global Solutions eSITE
  • Gemini (Google)
  • Biometric reader software
  • Sage 50 Accounting
  • Domin-8 Enterprise Solutions Tenant Pro
  • Intuit MRI Residential
  • Yardi Systems Yardi Enterprise
  • Napkin AI
  • Microsoft Publisher
  • Spreadsheet software
  • Social media sites
  • Kimi (Moonshot AI)
  • Yardi Systems Yardi Voyager Residential
  • Motion (AI Scheduler)
  • Otter.ai
  • Lenel Onguard
  • Multi-line telephone systems
  • Desktop computers
  • Step ladders
  • Golf carts
  • Personal computers
  • Laser facsimile machines
  • Two way radios
  • Laptop computers
  • Scanners
  • Digital cameras
  • Handheld calculators
  • Smartphones
  • Computer laser printers
  • Video surveillance cameras
  • Photocopiers
  • 10-key calculators