Overview
1. Automation Risk
2. User Poll
3. Growth
4. Wages
5. Volume
Decription
Resources
Comments

Real Estate Sales Agents

5.2/10 job score
AUTOMATION RISK
34%
risk level
POLLING
GROWTH
5.3%
by 2031
WAGES
$48,340
or $23.24 hourly
VOLUME
175,920
as of 2021
Vote
Comments (18)

What is the risk of automation?

We calculate this occupation to have an automation risk score of 34% (Start worrying)

More information on what this score is, and how it is calculated
Qualities required for this occupation:
Negotiation
Social Perceptiveness
Persuasion
Assisting and Caring for Others
Key
very important
quite important
[Show all metrics]

What do you think the risk of automation is?

How likely do you think this occupation will be taken over by robots/AI within the next 20 years?

How quickly is this occupation growing?

The number of 'Real Estate Sales Agents' job openings is expected to rise 5.3% by 2031
'Real Estate Sales Agents' is expected to be an average growing occupation in comparison to other occupations.
* Data from the Bureau of Labor Statistics for the period between 2021 and 2031.
Updated projections are due Sep 2023.

What are the median wages for 'Real Estate Sales Agents' in the United States?

In 2021 the median annual wage for 'Real Estate Sales Agents' was $48,340, or $23.24 hourly
'Real Estate Sales Agents' are paid 5.6% higher than the national median wage, which stands at $45,760
* Data from the Bureau of Labor Statistics

How many people are employed as real estate sales agents?

As of 2021 there were 175,920 people employed as Real Estate Sales Agents within the United States.
This represents around 0.12% of the employed workforce across the country.
Put another way, around 1 in 800 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

Resources

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Comments

Leave a comment

Jordan Thomas (Small chance) says
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.
May 10, 2021 at 07:42 PM
Tara (Small chance) says
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
May 01, 2021 at 11:57 AM
Hamza Aziz (Small chance) says
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
Apr 23, 2021 at 11:06 PM
Andrew West says
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.
Mar 17, 2021 at 02:22 AM
Sally (Highly likely) says
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.
Jul 19, 2020 at 04:40 AM
Trish says
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.
Sep 11, 2020 at 12:03 PM
j (Small chance) says
lol what do you have against real estate agents
Feb 09, 2021 at 04:33 AM
Dr. Ian H. (Highly likely) says
AI coupled with drones and virtual assistants (pattern recognition, natural language processing, etc.) will 100% replace realtors within the next two decades.
Apr 17, 2020 at 04:23 PM
Bob the builder says
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.
Mar 01, 2020 at 09:54 PM
Yong Shun Peng (Highly likely) says
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.
Nov 29, 2019 at 10:31 AM
Scott says
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!
Nov 14, 2019 at 08:22 PM
adriano gutierrez says
Robots can't handle the personal human connection
Nov 12, 2019 at 09:37 PM
no-bs (Highly likely) says
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.
Sep 24, 2020 at 08:20 PM
DD (Highly likely) says
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.
Oct 21, 2019 at 11:05 PM
lily (Small chance) says
You cant have a robot show you a house and tell you why its a good house
Oct 02, 2019 at 12:41 PM
MHD says
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 😂😂😂
Apr 09, 2020 at 07:21 AM
Tony Saab says
There are certain people that perceive real estate from a clinical and business-like standpoint. There will always be the people that need their hand held, and robots just can't replace that. The amount of brokers will decrease, but eliminate? I think not.
Sep 11, 2019 at 04:36 PM
Jeff Roth (Small chance) says
People don't buy if a person doesn't walk them around and give them the personal touch.
Aug 16, 2019 at 08:16 PM
MHD says
It can give them 3D ...
Apr 09, 2020 at 07:22 AM
Terry says
What world are you dreaming in?
Jul 19, 2020 at 04:43 AM
Buyer (Small chance) says
The human element is irreplaceable
Aug 11, 2019 at 10:39 PM
Jack says
The human element is a perk. If I can pay a flat rate to sell my house through one of those Purple Bricks types outfit at a tiny fraction of a realtor's commission, I will. I sold a house a few years back. The buyer agent booked an appointment, opened the door, showed the house, dealt with the *standardized* paperwork, and the deal was done. He made $10,000. This is flat out silly. It is a scam.

People don't tend to understand real estate sales as they do this so rarely, so they turn to agents

As more service providers come forth to help people sell their homes by themselves, there will be a huge disruption (Purple Bricks and others). Real estate experts will be involved surely, but don't expect these oodles of agents to still be necessary in 10 years. Count on it.

The human touch is nice when you shop too, but we all see the way that is going
Nov 06, 2020 at 01:45 PM
John Laine (Highly likely) says
I am 100% convinced that automation will eliminate Real Estate Brokers.
Aug 02, 2019 at 02:55 PM
kighj (Small chance) says
Real estate is highly emotional. Robots can't handle cranky buyers and sellers.
Jun 28, 2019 at 02:45 AM
Kody says
There are already websites and apps that are creeping up on the real estate market.
Mar 30, 2019 at 07:32 PM

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