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Automation Risk Analysis

Will “Residential Property Consultant” be Automated?

Historical Context: Oxford Study (2013)

Ranked #497 of 702. Estimated risk: 86.0%

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AI Exposure Risk

52%

“Residential Property Consultant” 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%

“Residential Property Consultant” 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

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

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

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

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

  • Appraise properties to determine loan values.

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

  • 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.

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

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

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

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

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

  • Solicit and compile listings of available rental properties.

  • Coordinate appointments to show homes to prospective buyers.

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

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

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

  • Rent or lease properties on behalf of clients.

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

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

  • Present purchase offers to sellers for consideration.

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

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

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

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

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

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

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

  • Contact previous clients for prospecting of referral business.

Technologies & Software

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