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Automation Risk Analysis

Will “Real Estate Consultant” 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 Consultant” 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 Consultant” 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

  • 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.

  • 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.

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

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

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

  • Solicit and compile listings of available rental properties.

  • Contact previous clients for prospecting of referral business.

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

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

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

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

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

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

  • 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.

  • Rent or lease properties on behalf of clients.

  • Coordinate appointments to show homes to prospective buyers.

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

  • Present purchase offers to sellers for consideration.

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

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

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

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

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

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

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

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

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

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

  • Appraise properties to determine loan values.

Technologies & Software

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