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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

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

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

  • 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.

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

  • Present purchase offers to sellers for consideration.

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

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

  • Coordinate appointments to show homes to prospective buyers.

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

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

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

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

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

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

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

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

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

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

  • Solicit and compile listings of available rental properties.

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

  • 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.

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

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

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

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

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

  • 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.

  • Contact previous clients for prospecting of referral business.

  • Rent or lease properties on behalf of clients.

  • Appraise properties to determine loan values.

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

Technologies & Software

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