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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

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

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

  • Coordinate appointments to show homes to prospective buyers.

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

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

  • 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.

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

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

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

  • 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.

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

  • Contact previous clients for prospecting of referral business.

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

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

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

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

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

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

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

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

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

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

  • Present purchase offers to sellers for consideration.

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

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

  • 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.

  • Solicit and compile listings of available rental properties.

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

  • Appraise properties to determine loan values.

  • Rent or lease properties on behalf of clients.

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

Technologies & Software

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