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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

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

  • Rent or lease properties on behalf of clients.

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

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

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

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

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

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

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

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

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

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

  • 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.

  • Contact previous clients for prospecting of referral business.

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

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

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

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

  • Present purchase offers to sellers for consideration.

  • 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.

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

  • Solicit and compile listings of available rental properties.

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

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

  • Appraise properties to determine loan values.

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

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

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

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

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

  • Coordinate appointments to show homes to prospective buyers.

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

Technologies & Software

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