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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

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

  • Rent or lease properties on behalf of clients.

  • Contact previous clients for prospecting of referral business.

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

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

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

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

  • 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.

  • Coordinate appointments to show homes to prospective buyers.

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

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

  • Present purchase offers to sellers for consideration.

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

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

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

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

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

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

  • Solicit and compile listings of available rental properties.

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

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

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

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

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

  • Appraise properties to determine loan values.

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

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

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

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

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

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

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

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

Technologies & Software

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