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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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

  • Prepare detailed budgets and financial reports for properties.

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

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

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

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

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

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

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

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

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

Technologies & Software

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