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Automation Risk Analysis

Will “Licensed Real Estate Agent” be Automated?

Historical Context: Oxford Study (2013)

Ranked #497 of 702. Estimated risk: 86.0%

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AI Exposure Risk

52%

“Licensed Real Estate 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%

“Licensed Real Estate 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

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

  • Contact previous clients for prospecting of referral business.

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

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

  • 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.

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

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

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

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

  • Present purchase offers to sellers for consideration.

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

  • Solicit and compile listings of available rental properties.

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

  • Appraise properties to determine loan values.

  • 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.

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

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

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

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

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

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

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

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

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

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

  • 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.

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

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

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

  • Coordinate appointments to show homes to prospective buyers.

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

Technologies & Software

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