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Automation Risk Analysis

Will “Contracts Specialist” be Automated?

Historical Context: Oxford Study (2013)

Ranked #497 of 702. Estimated risk: 86.0%

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AI Exposure Risk

52%

“Contracts Specialist” 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%

“Contracts Specialist” 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

  • 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 utility companies for service hookups to clients' property.

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

  • Rent or lease properties on behalf of clients.

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

  • Solicit and compile listings of available rental properties.

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

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

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

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

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

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

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

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

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

  • Present purchase offers to sellers for consideration.

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

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

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

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

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

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

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

  • Coordinate appointments to show homes to prospective buyers.

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

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

  • Contact previous clients for prospecting of referral business.

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

  • Appraise properties to determine loan values.

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

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

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

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

Technologies & Software

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