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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

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

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

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

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

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

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

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

  • Present purchase offers to sellers for consideration.

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

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

  • 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.

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

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

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

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

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

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

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

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

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

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

  • Coordinate appointments to show homes to prospective buyers.

  • Rent or lease properties on behalf of clients.

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

  • Appraise properties to determine loan values.

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

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

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

  • Solicit and compile listings of available rental properties.

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

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

  • Contact previous clients for prospecting of referral business.

Technologies & Software

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