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Automation Risk Analysis

Will “Real Estate Professional” 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 Professional” 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 Professional” 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

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

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

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

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

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

  • 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.

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

  • Coordinate appointments to show homes to prospective buyers.

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

  • 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.

  • Contact previous clients for prospecting of referral business.

  • 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.

  • 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.

  • Rent or lease properties on behalf of clients.

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

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

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

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

  • Appraise properties to determine loan values.

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

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

  • Present purchase offers to sellers for consideration.

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

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

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

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

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

  • Solicit and compile listings of available rental properties.

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

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

Technologies & Software

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