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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

  • 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.

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

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

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

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

  • Appraise properties to determine loan values.

  • Coordinate appointments to show homes to prospective buyers.

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

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

  • Rent or lease properties on behalf of clients.

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

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

  • Present purchase offers to sellers for consideration.

  • 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.

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

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

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

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

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

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

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

  • Contact previous clients for prospecting of referral business.

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

  • Solicit and compile listings of available rental properties.

  • 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.

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

  • 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.

  • 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.

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

Technologies & Software

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