Will AI Replace Real Estate Sales Agents?

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

Complex problem-solving, strategic leadership, or high-empathy task requiring human judgment.

Present purchase offers to sellers for consideration.

Semi-structured task combining routine and non-routine responsibilities.

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

Complex problem-solving, strategic leadership, or high-empathy task requiring human judgment.

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

Semi-structured task combining routine and non-routine responsibilities.

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.

Complex problem-solving, strategic leadership, or high-empathy task requiring human judgment.

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

Semi-structured task combining routine and non-routine responsibilities.

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

Semi-structured task combining routine and non-routine responsibilities.

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

Complex problem-solving, strategic leadership, or high-empathy task requiring human judgment.

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

Semi-structured task combining routine and non-routine responsibilities.

Contact previous clients for prospecting of referral business.

Semi-structured task combining routine and non-routine responsibilities.

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

Semi-structured cognitive task involving analysis, inspection, or monitoring.

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

Semi-structured task combining routine and non-routine responsibilities.

Coordinate appointments to show homes to prospective buyers.

Complex problem-solving, strategic leadership, or high-empathy task requiring human judgment.

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

Semi-structured task combining routine and non-routine responsibilities.

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

Complex problem-solving, strategic leadership, or high-empathy task requiring human judgment.

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

Complex problem-solving, strategic leadership, or high-empathy task requiring human judgment.

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

Semi-structured task combining routine and non-routine responsibilities.

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

Semi-structured cognitive task involving analysis, inspection, or monitoring.

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

Semi-structured task combining routine and non-routine responsibilities.

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

Complex problem-solving, strategic leadership, or high-empathy task requiring human judgment.

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

Complex problem-solving, strategic leadership, or high-empathy task requiring human judgment.

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

Semi-structured cognitive task involving analysis, inspection, or monitoring.

Visit properties to assess them before showing them to clients.

Semi-structured cognitive task involving analysis, inspection, or monitoring.

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

Complex problem-solving, strategic leadership, or high-empathy task requiring human judgment.

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

Semi-structured cognitive task involving analysis, inspection, or monitoring.

Appraise properties to determine loan values.

Semi-structured task combining routine and non-routine responsibilities.

Contact utility companies for service hookups to clients' property.

Semi-structured task combining routine and non-routine responsibilities.

Solicit and compile listings of available rental properties.

Semi-structured task combining routine and non-routine responsibilities.

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

Semi-structured task combining routine and non-routine responsibilities.

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

Complex problem-solving, strategic leadership, or high-empathy task requiring human judgment.

Rent or lease properties on behalf of clients.

Semi-structured task combining routine and non-routine responsibilities.

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

Semi-structured task combining routine and non-routine responsibilities.

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

Semi-structured task combining routine and non-routine responsibilities.