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Automation Risk Analysis

Will “Closing Agent” be Automated?

Historical Context: Oxford Study (2013)

Ranked #497 of 702. Estimated risk: 86.0%

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AI Exposure Risk

52%

“Closing Agent” 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 52% probability of disruption by generative AI and Large Language Models.

Automation & Robot Risk

30%

“Closing Agent” 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 30% likelihood of substitution by advanced robotics systems.

Personal & Financial Insights

Every occupation has a unique profile. For Real Estate Sales Agents, the Bureau of Labor Statistics and O*NET classify the day-to-day work broadly as: Rent, buy, or sell property for clients. Perform duties such as study property listings, interview prospective clients, accompany clients to property site, discuss conditions of sale, and draw up real estate contracts. Includes agents who represent buyer.

Avg. Annual Salary $70,970
Avg. Hourly Wage $34.12
Available Jobs (US) 190,600
Job Title & Hierarchy Code (SOC) Real Estate Sales Agents #41-9022
Wage vs. National Median
ℹ️

Data is based on the reference occupation: “Real Estate Sales Agents”

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Core Skills & Abilities

  • Inspect condition of premises, and arrange for necessary maintenance or notify owners of maintenance needs.

  • Display commercial, industrial, agricultural, and residential properties to clients and explain their features.

  • Prepare documents such as representation contracts, purchase agreements, closing statements, deeds, and leases.

  • Solicit and compile listings of available rental properties.

  • Develop networks of attorneys, mortgage lenders, and contractors to whom clients may be referred.

  • Visit properties to assess them before showing them to clients.

  • Rent or lease properties on behalf of clients.

  • Arrange for title searches to determine whether clients have clear property titles.

  • Answer clients' questions regarding construction work, financing, maintenance, repairs, and appraisals.

  • Locate and appraise undeveloped areas for building sites, based on evaluations of area market conditions.

  • Confer with escrow companies, lenders, home inspectors, and pest control operators to ensure that terms and conditions of purchase agreements are met before closing dates.

  • Contact property owners and advertise services to solicit property sales listings.

  • Advise clients on market conditions, prices, mortgages, legal requirements, and related matters.

  • Compare a property with similar properties that have recently sold to determine its competitive market price.

  • Secure construction or purchase financing with own firm or mortgage company.

  • Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.

  • Appraise properties to determine loan values.

  • Promote sales of properties through advertisements, open houses, and participation in multiple listing services.

  • Advise sellers on how to make homes more appealing to potential buyers.

  • Coordinate appointments to show homes to prospective buyers.

  • Investigate clients' financial and credit status to determine eligibility for financing.

  • Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting.

  • Contact utility companies for service hookups to clients' property.

  • Arrange meetings between buyers and sellers when details of transactions need to be negotiated.

  • Contact previous clients for prospecting of referral business.

  • Coordinate property closings, overseeing signing of documents and disbursement of funds.

  • Present purchase offers to sellers for consideration.

  • Evaluate mortgage options to help clients obtain financing at the best prevailing rates and terms.

  • Conduct seminars and training sessions for sales agents to improve sales techniques.

  • Interview clients to determine what kinds of properties they are seeking.

  • Review plans for new construction with clients, enumerating and recommending available options and features.

  • Generate lists of properties that are compatible with buyers' needs and financial resources.

  • Review property listings, trade journals, and relevant literature, and attend conventions, seminars, and staff and association meetings, to remain knowledgeable about real estate markets.

Technologies & Software

  • Tax software
  • Adobe Acrobat
  • Lucero System Office Management
  • Email software
  • Loan application processing software
  • The IPIX Real Estate Wizard hometour360 Wizard
  • Google Drive
  • DataBasix Technologies Lead Commander
  • Social media sites
  • Moxi Works MoxiEngage
  • Fund accounting software
  • ChatGPT (OpenAI)
  • Commercial and industrial development project cost analysis software
  • Internet browser software
  • PrimaSoft PC Realtor Organizer Deluxe
  • Microsoft Outlook
  • Google Ads
  • Digital contract software
  • Showing Suite real estate software
  • Kimi (Moonshot AI)
  • Spreadsheet software
  • Newsletter production software
  • In-Hand Pocket APOD
  • Corel WordPerfect Office Suite
  • eGrabber ListGrabber
  • iKorb Real Estate
  • Microsoft Excel
  • Microsoft Dynamics
  • DeepSeek
  • Web-administered databases
  • Facebook
  • Reality Star ProAGENT Power Series Presentations
  • Navigation software
  • IBM Lotus 1-2-3
  • Microsoft PowerPoint
  • Internet based MLS database software
  • HubSpot AI
  • MediaVue
  • RealtyStar Real Estate Assistant
  • Power Real Estate Letters
  • Topaz Software Symplifi (CRM feature)
  • DeLorme Topo USA
  • RealData Comparative Lease Analysis
  • Front Desk
  • Iseemedia Photovista Panorama
  • TimeValue software
  • Microsoft Office software
  • Panorama Technologies ModelWeaver
  • Salesforce Einstein AI
  • Claude (Anthropic)
  • Agent Business Builder
  • Moxi Works MoxiPresent
  • Easypano Tourweaver
  • Qwen (Alibaba)
  • Llama (Meta)
  • General Magic Portico
  • Argosy Legal Systems Power Closer
  • Mistral (Mistral AI)
  • HUD-1 software
  • Scheduling software
  • RPIS Silent Flyer
  • DocuSign eSignature
  • Microsoft Word
  • Xactware Xactimate
  • Microsoft Publisher
  • Drift (Conversational AI)
  • Realtors Property Resource RPR
  • Document creation software
  • Gemini (Google)
  • TopProducer
  • Topaz Software Symplifi (business analysis feature)
  • Meta Business AI
  • Garmin City Select
  • Landlord Software Pro Flipper
  • Microsoft Teams
  • OWL Bookkeeping for Realtors
  • Napkin AI
  • FloodMaps
  • Canva
  • Grok (xAI)
  • Microsoft FrontPage
  • National Association of Realtors Online Database
  • Microsoft Project
  • Showing Suite HomeFeedback
  • Zoom
  • ProForce Ultimate Brochures
  • FaceTime
  • ProForce Highlight Flyer Master
  • Loom
  • Telluride Software Classic Trak-It
  • Reveal Systems Truewire
  • Moxi Works MoxiImpress
  • Greenbrier Graphics Deed Plotter
  • LinkedIn
  • Gemini for Workspace
  • Web page creation and editing software
  • SRC Cash Flow Analyzer Pro
  • Showing Suite HomeFollowup
  • Real estate application contract transmission REACT software
  • Intuit QuickBooks
  • Clari AI
  • Yardi software
  • Real estate investment analysis software
  • Gong.io
  • Financial calculators software
  • Geographic information system GIS software
  • Yardi Systems Yardi Enterprise
  • Showing Suite Showing Calendar
  • CMA Stuffers
  • Home rating software
  • Panoweaver Panorama
  • RealtyStar AgentOffice
  • Real Pro
  • Wheatworks Real Estate Calculator Suite
  • Google Docs
  • Nova (Amazon)
  • Measuring wheels
  • Laser printers
  • Digital cameras
  • Personal computers
  • Notebook computers
  • Desktop computers
  • Global positioning system GPS receivers
  • Laptop computers
  • Personal digital assistants PDA