Real Estate Sales Agents

AUTOMATION RISK

CALCULATED

35%

risk level

POLLING

40%

Based on 500 votes

LABOR DEMAND

GROWTH

5.3%

by year 2032

WAGES

$54,300

or $26.10 per hour

Volume

197,720

as of 2023

SUMMARY

JOB SCORE

5.6/10

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.

Sentiment

The following graph(s) are 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)

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

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.

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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.

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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.

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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.

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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.

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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.

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Pat 2 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?

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Alex (Uncertain) 2 years ago

Certain people will always require a personalised and specialised service. The masses just want a cheap transaction.

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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.

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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

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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

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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.

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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.

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Trish 3 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.

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j 3 years ago

lol what do you have against real estate agents

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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.

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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.

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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.

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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.

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Scott 4 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!

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adriano gutierrez 4 years ago

Robots can't handle the personal human connection

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no-bs 3 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.

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DD (Highly likely) 4 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.

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lily (Low) 4 years ago

You cant have a robot show you a house and tell you why its a good house

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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 😂😂😂

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