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

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

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

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

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

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

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

  • Rent or lease properties on behalf of clients.

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

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

  • Coordinate appointments to show homes to prospective buyers.

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

  • Present purchase offers to sellers for consideration.

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

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

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

  • 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.

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

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

  • Solicit and compile listings of available rental properties.

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

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

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

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

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

  • Contact previous clients for prospecting of referral business.

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

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

  • 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.

  • Appraise properties to determine loan values.

  • 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.

Technologies & Software

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