IS WORK OVER?

Automation index

How much of a Real estate agent’s job can AI already do?

Today an AI can already find leads, set up contact, and follow through. Sitting across from someone and closing is still something else.

This percentage does not predict how many people will lose their jobs.

Task comparison

Real estate agent

Where the time goes

Task weights are our estimates based on O*NET frequency data, not time shares published by O*NET.

The time saving for each task is estimated separately.

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

No public source provides a precise figure. This is our estimate.

7%28%+2
Answer clients' questions regarding construction work, financing, maintenance, repairs, and appraisals.
Estimate

No public source provides a precise figure. This is our estimate.

6%12%+0.7
Promote sales of properties through advertisements, open houses, and participation in multiple listing services.
Estimate

No public source provides a precise figure. This is our estimate.

6%28%+1.7
Contact property owners and advertise services to solicit property sales listings.
Estimate

No public source provides a precise figure. This is our estimate.

5%28%+1.4
Display commercial, industrial, agricultural, and residential properties to clients and explain their features.
Estimate

No public source provides a precise figure. This is our estimate.

5%28%+1.4
Coordinate appointments to show homes to prospective buyers.
Estimate

No public source provides a precise figure. This is our estimate.

5%28%+1.4
Contact previous clients for prospecting of referral business.
Estimate

No public source provides a precise figure. This is our estimate.

5%28%+1.4
Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.
Estimate

No public source provides a precise figure. This is our estimate.

5%22%+1.1
Other less frequent tasks (weight estimated from frequency).
Estimate

No public source provides a precise figure. This is our estimate.

56%28%+15.7
Total100%27%

Modelled workweek: 100% · Public evidence: 0% · Estimate: 100% · Confidence: Low

Skills and activities

  • customer service
  • contract law
  • office administration
  • real estate market
  • mortgage loans
  • property law
  • maintain relationship with customers
  • advise on property value
  • identify customer's needs
  • inform on renting agreements

Sources for this job· O*NET 41-9022.00· ESCO/ISCO 3334

Financial advisor

Where the time goes

Task weights are our estimates based on O*NET frequency data, not time shares published by O*NET.

The time saving for each task is estimated separately.

TaskShareAIPoints
Profile risk, goals and loss capacity.
Estimate

No public source provides a precise figure. This is our estimate.

18%48%+8.6
Propose portfolios, funds and scenarios.
Estimate

No public source provides a precise figure. This is our estimate.

16%52%+8.3
Client meeting, objections and the yes or no.
Estimate

No public source provides a precise figure. This is our estimate.

18%18%+3.2
Periodic reports, rebalancing and basic tax.
Estimate

No public source provides a precise figure. This is our estimate.

16%28%+4.5
MiFID rules, suitability and trace of the advice.
Estimate

No public source provides a precise figure. This is our estimate.

16%22%+3.5
Sign-off, follow-up and liability for the advice.
Estimate

No public source provides a precise figure. This is our estimate.

16%12%+1.9
Total100%30%

Modelled workweek: 100% · Public evidence: 0% · Estimate: 100% · Confidence: Low

Skills and activities

  • advise on investments
  • profile risk
  • build portfolios
  • rebalance funds
  • plan retirement
  • MiFID suitability
  • explain financial products
  • own the advice

Sources for this job· O*NET 13-2052.00· ESCO/ISCO 2412

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