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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.

  • Present purchase offers to sellers for consideration.

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

  • Coordinate appointments to show homes to prospective buyers.

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

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

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

  • 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.

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

  • Appraise properties to determine loan values.

  • Rent or lease properties on behalf of clients.

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

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

  • Solicit and compile listings of available rental properties.

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

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

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

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

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

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

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

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

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

  • 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.

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

  • 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.

  • 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.

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

Technologies & Software

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