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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

  • 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.

  • 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.

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

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

  • Rent or lease properties on behalf of clients.

  • Present purchase offers to sellers for consideration.

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

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

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

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

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

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

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

  • 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.

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

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

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

  • Solicit and compile listings of available rental properties.

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

  • Coordinate appointments to show homes to prospective buyers.

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

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

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

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

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

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

  • Contact previous clients for prospecting of referral business.

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

  • Appraise properties to determine loan values.

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

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

Technologies & Software

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