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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

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

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

  • Solicit and compile listings of available rental properties.

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

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

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

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

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

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

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

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

  • Present purchase offers to sellers for consideration.

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

  • Coordinate appointments to show homes to prospective buyers.

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

  • 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.

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

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

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

  • Contact previous clients for prospecting of referral business.

  • Rent or lease properties on behalf of clients.

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

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

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

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

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

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

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

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

  • Appraise properties to determine loan values.

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

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

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

Technologies & Software

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