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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.

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

  • Present purchase offers to sellers for consideration.

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

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

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

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

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

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

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

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

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

  • Contact previous clients for prospecting of referral business.

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

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

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

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

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

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

  • Solicit and compile listings of available rental properties.

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

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

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

  • Coordinate appointments to show homes to prospective buyers.

  • Rent or lease properties on behalf of clients.

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

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

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

  • 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.

  • Appraise properties to determine loan values.

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

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

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

Technologies & Software

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