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Automation Risk Analysis

Will “Real Estate Representative (Real Estate Rep)” 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 Representative (Real Estate Rep)” 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 Representative (Real Estate Rep)” 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

  • Rent or lease properties on behalf of clients.

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

  • Solicit and compile listings of available rental properties.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

  • Coordinate appointments to show homes to prospective buyers.

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

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

  • Contact previous clients for prospecting of referral business.

  • Appraise properties to determine loan values.

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

  • 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.

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

  • Present purchase offers to sellers for consideration.

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

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

  • 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.

Technologies & Software

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