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Automation Risk Analysis

Will “Licensed Real Estate Sales 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 Sales 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 Sales 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

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

  • Contact previous clients for prospecting of referral business.

  • 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.

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

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

  • Solicit and compile listings of available rental properties.

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

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

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

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

  • 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.

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

  • Present purchase offers to sellers for consideration.

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

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

  • Rent or lease properties on behalf of clients.

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

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

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

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

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

  • 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.

  • Appraise properties to determine loan values.

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

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

  • 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.

  • 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.

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

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

Technologies & Software

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