Will AI take my job

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Will AI replace Real Estate Brokers?

AI reaches a large part of this job’s work.

43/100

High exposure

More exposed to AI than 70% of US workers.

AI already used in
30% of the work
As AI tools mature: up to
71% of the work

What the job involves

Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.

Where AI reaches the work

The job’s main tasks, heaviest first, by how far AI reaches them.

Already happening(5)

  • Obtain agreements from property owners to place properties for sale with real estate firms.
  • Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
  • Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
  • Rent properties or manage rental properties.
  • Appraise property values, assessing income potential when relevant.

Within reach(11)

  • Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
  • Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
  • Maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of a property's area.
  • Give buyers virtual tours of properties in which they are interested, using computers.
  • Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.

and 6 more

Out of reach(3)

  • Sell, for a fee, real estate owned by others.
  • Compare a property with similar properties that have recently sold to determine its competitive market price.
  • Develop, sell, or lease property used for industry or manufacturing.

Also called

Broker · Broker Associate · Buyer Broker · Commercial Leasing Broker · Commercial Real Estate Advisor · Commercial Real Estate Broker · Designated Broker · Managing Broker

What these numbers mean

The score is the share of this job’s work, weighted by how important and frequent each task is, that AI could do in half the time: tasks an AI model could do alone count in full, tasks that need software built on AI count half.

“AI already used” is the share of the work in tasks where people are recorded using AI today. “As AI tools mature” counts every task AI could halve, with or without extra software.

The percentile compares the score with every job’s, weighted by how many people in the US do each one. Exposure means AI could change how the work is done, not that the job goes away. These are estimates for the typical job, not predictions.

Sources

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