Real Estate Sales Agents

Moderate Risk
44%
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Vote Comments (34)
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AUTOMATION RISK
CALCULATED
35%
(Low Risk)
POLLING
53%
(Moderate Risk)
Average: 44%
LABOR DEMAND
GROWTH
1.8%
by year 2033
WAGES
$54,300
or $26.10 per hour
Volume
197,720
as of 2023
SUMMARY
JOB SCORE
4.7/10

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Calculated automation risk

35% (Low Risk)

Low Risk (21-40%): Jobs in this level have a limited risk of automation, as they demand a mix of technical and human-centric skills.

More information on what this score is, and how it is calculated is available here.

Some quite important qualities of the job are difficult to automate:

  • Negotiation

  • Social Perceptiveness

  • Persuasion

  • Assisting and Caring for Others

User poll

53% chance of full automation within the next two decades

Our visitors have voted they are unsure if this occupation will be automated. However, employees may be able to find reassurance in the automated risk level we have generated, which shows 35% chance of automation.

What do you think the risk of automation is?

What is the likelihood that Real Estate Sales Agents will be replaced by robots or artificial intelligence within the next 20 years?






Sentiment

The following graph is included wherever there is a substantial amount of votes to render meaningful data. These visual representations display user poll results over time, providing a significant indication of sentiment trends.

Sentiment over time (yearly)

Growth

Slow growth relative to other professions.

The number of 'Real Estate Sales Agents' job openings is expected to rise 1.8% by 2033

Total employment, and estimated job openings

* Data from the Bureau of Labor Statistics for the period between 2021 and 2031
Updated projections are due 09-2024.

Wages

Moderately paid relative to other professions

In 2023, the median annual wage for 'Real Estate Sales Agents' was $54,300, or $26 per hour

'Real Estate Sales Agents' were paid 13.0% higher than the national median wage, which stood at $48,060

Wages over time

* Data from the Bureau of Labor Statistics

Volume

Greater range of job opportunities compared to other professions

As of 2023 there were 197,720 people employed as 'Real Estate Sales Agents' within the United States.

This represents around 0.13% of the employed workforce across the country

Put another way, around 1 in 768 people are employed as 'Real Estate Sales Agents'.

Job description

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.

SOC Code: 41-9022.00

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Comments

Leave a comment

Barbara McNeill (Low) 1 year ago
Finding a home is the most automated aspect the rest requires physical presence & soft skills that aren't easily transferred to a robot. Too many nuances & variables. Need for high emotional intelligence too.
0 0 Reply
Jean B (Highly likely) 1 year ago
This can be easily answered. Yes, AI or some online template app will replace a great majority of realtors. Why? Just look at how people interact with other people currently. The human aspect, or human touch is not needed when selling a product someone already wants to buy. If you need any further insight, just look to how the vehicle sales field is changing.
1 0 Reply
Rochelle (Highly Likely) 1 year ago
If I need my hand held while buying real estate, I'll hire a therapist to comfort me through the process. At $200 per hour, a therapist is bargain compared to a realtor. I was a realtor, and this job is going to be automated for the vast majority of deals. For the complicated deals, the buyers are going to need lawyers, not Realtors.
0 0 Reply
MW 2 years ago
I think any transaction where the item can be assigned a hash "signature" can be added to a ledger and basically be traded on a blockchain. That will eventually make things like buying and selling cryptocurrency possible without a "middle man" needed. It seems like that is coming.
0 0 Reply
Paul Binks 2 years ago
I'm interested in becoming a commercial sales agent and reading many of these comments is quite discouraging. I'm of the opinion that no matter how much data is provided, there is a subjective element that only a human can understand. Making a decision on a multi-million dollar site would benefit from the role of an agent who has the technical and subjective knowledge that a robot doesn't.

I'm not sure to what degree, however.
0 0 Reply
Former realtor 2 years ago
Got into this profession because of my distrust of realtors and got out for the same reasons. The role of the agent in the state I got licensed in, is to keep the deal together. IMO, it should be to serve the best interest of your clients. I was told by the broker not to show houses that offered a 1% commission. Back-door deals are real, especially within the same office. Trust your gut. Absolutely automate this industry.
0 0 Reply
Pat 3 years ago
No Realtors will never be replaced. Still to this day there needs to be human interaction. Technology/ websites would have already replaced Realtors. Will there be changes in the real estate industry every year? Yes... 100%. If the day comes when Realtors are completely gone then there will be robots everywhere and there will be no jobs for anyone. Maybe I am a little biased because I am a Realtor, but people all over the country, everyday are seeking advice from Realtors. Why are they seeking real estate advice from Realtors if they are irrelevant?
1 0 Reply
Alex (Uncertain) 3 years ago
Certain people will always require a personalised and specialised service. The masses just want a cheap transaction.
1 0 Reply
Jordan Thomas (Low) 3 years ago
Although you may be able to search and view properties online, receive a mortgage quote, even be pre-qualified online. A lot of reassurance can be provided by an experienced professional in the area you're looking to buy or sell. Buying or selling is a huge commitment and you want to feel confident in your move. I don't feel much confidence can come with handling this process solely yourself or even with a robot.
0 0 Reply
Tara (Low) 3 years ago
The experience of having someone show you around a house cannot be replicated by robots, which is why I think there is a small chance of being replaced by AI
0 0 Reply
Hamza Aziz (Low) 3 years ago
The human aspect of the job feels like it would be difficult to replace. Unless if someone is very knowledgeable about the housing market, Realtors would probably still be needed to handle most of the transaction. Most first time home buyers definitely need real estate agents to guide them through the process
0 0 Reply
Andrew West 3 years ago
Realtors are waiters. There is very little value-added having someone hold your hand. Of course it will be automated - the data for buyers is available and free.
0 0 Reply
Sally (Highly likely) 4 years ago
Real Estate agents will go back to there role of self less drug addicts and prostitution-pimps. They are greasy and have no empathy towards people. Karma is real - strap on your corsets and let the games begin.
0 1 Reply
Saul d Larrea 2 years ago
Well, I'm a realtor and I genuinely care about my clients in the Detroit Metro area.

I'm not going to force anyone to buy anything. I prioritize financial wellness over any commission check. This is because I believe that I can get more business by treating people like humans, and not like targets.
1 0 Reply
j 3 years ago
lol what do you have against real estate agents
1 0 Reply
Trish 4 years ago
Maybe you should focus on learning the proper usage of "their" before generalizing people as drug addled prostitutes and pimps. BTW, I am not an estate agent. I am just a person that buys real estate.
1 0 Reply
Dr. Ian H. (Highly likely) 4 years ago
AI coupled with drones and virtual assistants (pattern recognition, natural language processing, etc.) will 100% replace realtors within the next two decades.
0 0 Reply
Bob the builder 4 years ago
Automate this job away already as my last two transactions I did more due diligence in finding my property while the realtor came along for the ride to collect a commission. Realtor will have to bring more to the table if they want to still provide value beyond showing as home, making a flyer, and worrying about their latest headshots.
0 0 Reply
Yong Shun Peng (Highly likely) 4 years ago
Living in Singapore, Government have taken initiative such as the HDB Portal to sell resale flats. Carousell, A Singapore app has also started to take initiative by selling flats.
0 0 Reply
Scott 5 years ago
100% realtors will be replaced. People look for honesty in a transaction. With the ridiculous amount of money going the realtors way if a sale goes through...yeah they would lie about items. Ai or robots deal with facts, no BS.
Why do you think realtors are collectively trying to phase out home inspectors in Canada?
They want that sale at any cost!
Now if there was a home inspection done before every sale by a properly trained and licensed Home Inspector pretty much guaranteed a monkey could sell the house. No disrespect as I have encountered several good agents over the years. Just the facts!
0 0 Reply
adriano gutierrez 5 years ago
Robots can't handle the personal human connection
0 0 Reply
no-bs 4 years ago
People will choose a robot that does not want commission. Realtors can take their personal human connection and shove it for the commission they were able to normalize.
0 0 Reply
DD (Highly likely) 5 years ago
Homes can be sold online, the pricing can be fixed based on the fair market price value(AI can be built around it) and showing can be scheduled online as well between the sellers and buyers.
0 0 Reply
lily (Low) 5 years ago
You cant have a robot show you a house and tell you why its a good house
0 0 Reply
MHD 4 years ago
No it can by giving the good and bad things of the house in a papers, now almost of human beings can not be alive without computer 😂😂😂
0 0 Reply

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