Real estate brokers
SOC Code: 41-9021
Real estate brokers carries a 38% AI exposure score (Medium automation risk), with a median annual wage of $72,280 and +3.3% projected employment growth from 2024 to 2034 (BLS), affecting approximately 111,300 workers. Full task breakdown, skills, and employer data are below.
Proportion of tasks susceptible to AI automation (O*NET analysis)
AI Exposure vs Industry Growth
Total occupations tracked
832
Covering all SOC major groups
Data currency
2024
BLS Employment Projections
AI exposure avg
40%
Fleet-wide median across all roles
Composite score weighing O*NET task data completeness, BLS projection methodology, and cross-validation with employer risk grades.
Employment Projections
Occupation Insight
Real estate brokers (SOC 41-9021) carries an AI exposure score of 38%, placing it in the Medium automation-risk tier. This score is computed from O*NET Database 30.0 task-level analysis, where each task an occupation performs is evaluated against current generative AI, robotic process automation, and machine-learning capabilities. A score below 40% reflects tasks anchored in physical dexterity, unstructured environments, or high-touch human interaction that current AI cannot reliably replicate.
The economic context matters alongside the risk score. BLS counted approximately 111,300 workers in this occupation in 2024, and projects a +3.3% change through 2034 — modest growth that keeps the occupation viable even as tasks evolve. Median annual compensation stands at $72,280, reflecting both skill scarcity and the value employers place on the tasks that remain difficult to automate. Entry typically requires High school diploma or equivalent, plus Less than 5 years of related experience.
For career planners, this profile should be read alongside the task, skill, and knowledge breakdowns below and the list of employers whose workforce composition includes Real estate brokers. Adjacent occupations shown further down offer lateral moves that preserve industry knowledge while potentially reducing exposure. Pair the AI exposure score with the BLS employment projection and wage percentiles above for a complete career assessment.
Education & Entry Requirements
Top Tasks (O*NET)
- 1. Sell, for a fee, real estate owned by others.
- 2. Obtain agreements from property owners to place properties for sale with real estate firms.
- 3. Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
- 4. Supervise agents who handle real estate transactions.
- 5. Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
- 6. Manage or operate real estate offices, handling associated business details.
- 7. Compare a property with similar properties that have recently sold to determine its competitive market price.
- 8. Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
- 9. Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
- 10. Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
Key Skills Required
- Speaking
- Reading Comprehension
- Active Listening
- Critical Thinking
- Active Learning
- Negotiation
- Persuasion
- Writing
- Social Perceptiveness
- Judgment and Decision Making
Knowledge Areas
- Sales and Marketing
- Customer and Personal Service
- English Language
- Law and Government
- Administration and Management
- Economics and Accounting
- Computers and Electronics
- Mathematics
- Communications and Media
- Building and Construction
Frequently Asked Questions
Will AI replace Real estate brokers?
Real estate brokers has an AI exposure score of 38%, indicating a medium level of automation risk. The majority of tasks in this role require human judgment, creativity, or physical presence that AI cannot easily replicate.
What is the job outlook for Real estate brokers?
According to BLS Employment Projections 2024-2034, Real estate brokers is projected to grow by 3.3% over the decade. Current employment stands at approximately 111,300 workers.
What skills are needed for Real estate brokers?
Key skills for Real estate brokers include Speaking, Reading Comprehension, Active Listening, and others. Typical entry-level education is High school diploma or equivalent.
How much do Real estate brokers earn?
The median annual wage for Real estate brokers is $72,280, according to BLS Occupational Employment and Wage Statistics (May 2024). Actual earnings vary by location, experience, industry, and employer. The BLS publishes detailed wage percentiles by region in its Occupational Employment and Wage Statistics program.
What education is required for Real estate brokers?
The typical entry-level education for Real estate brokers is High school diploma or equivalent. Employers generally expect Less than 5 years of related work experience. On-the-job training typically involves None. Requirements can vary by employer and specialization.
Which companies employ Real estate brokers?
Real estate brokers roles exist across many industries and employers. Workforce composition is estimated from BLS industry-occupation employment distributions matched to SEC-registered public companies.
AI Exposure Rating
Medium automation risk based on 10 analyzed tasks. Most tasks require human judgment and are resistant to automation.
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Data sources: Bureau of Labor Statistics Employment Projections 2024–2034 and O*NET Database 30.0. Employment figures are rounded. Wage data from BLS Occupational Employment Statistics (OES).