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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

  • Coordinate appointments to show homes to prospective buyers.

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

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

  • Present purchase offers to sellers for consideration.

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

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

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

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

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

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

  • Solicit and compile listings of available rental properties.

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

  • Appraise properties to determine loan values.

  • Contact previous clients for prospecting of referral business.

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

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

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

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

  • 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.

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

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

  • Rent or lease properties on behalf of clients.

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

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

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

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

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

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

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

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

Technologies & Software

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