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Automation Risk Analysis

Will “Real Estate Closer” be Automated?

Historical Context: Oxford Study (2013)

Ranked #497 of 702. Estimated risk: 86.0%

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AI Exposure Risk

52%

“Real Estate Closer” 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%

“Real Estate Closer” 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 property owners and advertise services to solicit property sales listings.

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

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

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

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

  • Contact previous clients for prospecting of referral business.

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

  • Appraise properties to determine loan values.

  • Rent or lease properties on behalf of clients.

  • Solicit and compile listings of available rental properties.

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

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

  • Coordinate appointments to show homes to prospective buyers.

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

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

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

  • Present purchase offers to sellers for consideration.

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

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

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

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

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

  • 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.

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

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

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

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

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

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

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

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

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

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

Technologies & Software

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