Mortgage brokers may escape automation, realtors may not

A new study of hundreds of professions aims to predict the likelihood that they will be replaced by automation.

The University of Oxford and Deloitte considered 366 roles from a wide range of sectors, including legal, professional services and healthcare.

The most at-risk job is a telephone salesperson with a 99% chance of being replaced by some form of automation, possibly a robot with artificial intelligence.

For the real estate sector there is a specific mention of realtors, while mortgage brokers would come under the financial advisor category.

The analysts believe real estate agents are “fairly likely” to be automated with a 68% risk and coming 124th out of the 366 roles considered.

Financial advisors are in a position that is “too close to call” with a 41% risk and ranking 199th out of 366.
 

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