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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

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

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

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

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

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

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

  • 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.

  • Appraise properties to determine loan values.

  • 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.

  • 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.

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

  • 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.

  • Present purchase offers to sellers for consideration.

  • Solicit and compile listings of available rental properties.

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

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

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

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

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

  • Coordinate appointments to show homes to prospective 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.

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

  • 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.

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

  • Contact previous clients for prospecting of referral business.

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

  • Rent or lease properties on behalf of clients.

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

Technologies & Software

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