Type of Job:

White collar
Generative AI will change white-collar jobs by automating tasks, helping workers, or changing roles. Highly-paid jobs face the most impact, while blue-collar jobs may see more demand and higher pay.

What Constitutes Artificial intelligence (AI)?

Artificial Intelligence (AI) is a technology that allows systems, whether software or machine-based, to autonomously make predictions, recommendations, or decisions that impact both real and virtual environments without the need for constant human guidance or intervention.

Sources

Author:

Juan D. Montoya

Juan D. Montoya

Economist and AI researcher.

Will Real Estate Sales Agents be replaced by AI & Robots?

Real Estate Sales Agents risk of being automated:

High

This job is highly likely to be substantially automated within the next 20 years, placing it in the upper quartile for automation probability among occupations.

Current Degree of Automation:

31
(1-100)

Source

Key findings

In the future, GenAI will revolutionize the role of Real Estate Sales Agents.

It will streamline tasks like market analysis, data entry, and scheduling, freeing up time for critical thinking and negotiation.

AI will enhance decision-making by summarizing large volumes of information and providing plain English interactions with enterprise systems.

This automation will improve efficiency and accuracy in sales processes, making the job more dynamic and effective.

How could AI or automation replace or complement job activities?

AI and LLMs like Chatgpt could be used to automate activities in real estate sales.

Tasks such as preparing documents, generating property lists, coordinating closings, and conducting market research could be streamlined.

For example, AI could analyze market data to determine competitive prices, freeing up agents to focus on client interactions and negotiations.

Job description

Assist clients in finding and securing property. This involves researching property listings, meeting with potential clients, showing properties, negotiating sales terms, and preparing contracts. This role may also involve representing buyers.

Consequence of Making Errors

60

(1-100)

Serious Source
Jobs with serious error consequences, like those in real estate, may face automation soon. Machines can reduce costly mistakes, ensuring safer, more efficient transactions in the future.

How Repetitive is the Job?

48

(1-100)

Fairly important Source
Automation in real estate sales frees agents from repetitive tasks, allowing them to tackle complex issues and gain contextual insights. While it enhances job quality by removing hazardous duties, it may diminish it if fulfilling tasks are automated.
Average Anual salary USD$
$65,850

Source

Number of profesionals in USA
#

Source

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