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Automation Risk Analysis

Will “Realtor” be Automated?

Historical Context: Oxford Study (2013)

Ranked #497 of 702. Estimated risk: 86.0%

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AI Exposure Risk

52%

“Realtor” 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%

“Realtor” 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

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

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

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

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

  • Solicit and compile listings of available rental properties.

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

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

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

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

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

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

  • Contact previous clients for prospecting of referral business.

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

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

  • Rent or lease properties on behalf of clients.

  • 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.

  • Coordinate appointments to show homes to prospective buyers.

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

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

  • Present purchase offers to sellers for consideration.

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

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

  • Appraise properties to determine loan values.

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

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

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

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

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

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

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

  • 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.

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

Technologies & Software

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