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Automation Risk Analysis

Will “Leasing Agent” be Automated?

Historical Context: Oxford Study (2013)

Ranked #497 of 702. Estimated risk: 86.0%

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AI Exposure Risk

52%

“Leasing Agent” 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%

“Leasing Agent” 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

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

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

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

  • Contact previous clients for prospecting of referral business.

  • 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.

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

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

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

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

  • 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.

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

  • Solicit and compile listings of available rental properties.

  • Rent or lease properties on behalf of clients.

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

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

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

  • Present purchase offers to sellers for consideration.

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

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

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

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

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

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

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

  • Appraise properties to determine loan values.

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

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

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

  • Coordinate appointments to show homes to prospective 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.

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

Technologies & Software

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