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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

  • Contact previous clients for prospecting of referral business.

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

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

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

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

  • Present purchase offers to sellers for consideration.

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

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

  • 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.

  • Appraise properties to determine loan values.

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

  • Rent or lease properties on behalf of clients.

  • Solicit and compile listings of available rental properties.

  • 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.

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

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

  • 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.

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

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

  • 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.

  • 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.

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

  • 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.

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

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

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

  • Coordinate appointments to show homes to prospective buyers.

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

Technologies & Software

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