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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

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

  • Coordinate appointments to show homes to prospective buyers.

  • Appraise properties to determine loan values.

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

  • Contact previous clients for prospecting of referral business.

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

  • 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.

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

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

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

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

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

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

  • Rent or lease properties on behalf of clients.

  • 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.

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

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

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

  • Present purchase offers to sellers for consideration.

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

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

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

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

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

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

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

  • Solicit and compile listings of available rental properties.

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

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

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

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

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

Technologies & Software

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