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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

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

  • 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.

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

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

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

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

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

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

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

  • Appraise properties to determine loan values.

  • Rent or lease properties on behalf of clients.

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

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

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

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

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

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

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

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

  • Contact previous clients for prospecting of referral business.

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

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

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

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

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

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

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

  • Present purchase offers to sellers for consideration.

  • Solicit and compile listings of available rental properties.

  • Coordinate appointments to show homes to prospective buyers.

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

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

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

Technologies & Software

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