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Automation Risk Analysis

Will “Real Estate Specialist” 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 Specialist” 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 Specialist” 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

  • 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.

  • Appraise properties to determine loan values.

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

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

  • 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.

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

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

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

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

  • Present purchase offers to sellers for consideration.

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

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

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

  • 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.

  • 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.

  • Coordinate appointments to show homes to prospective buyers.

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

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

  • Contact previous clients for prospecting of referral business.

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

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

  • Rent or lease properties on behalf of clients.

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

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

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

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

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

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

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

  • Solicit and compile listings of available rental properties.

Technologies & Software

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