The AI Impact Timeline: What to Expect
AI's impact on real estate brokers is unfolding. By 2029, around 40% of broker tasks will be automated. Early pressures began around 2024 for entry-level brokers managing small residential portfolios, with 15-20% of their administrative and marketing tasks already automated.
Routine operational tasks such as listing syndication, lead generation, market analysis, and basic transaction coordination are being rapidly automated. Platforms like Zillow's Zestimate and Redfin's AI pricing models are at the forefront of this automation wave.
The mid-to-late stages of AI integration will see further streamlining of processes. While specific dates beyond 2029 are not detailed, the trend indicates a continuous evolution in how brokerages operate and compete, driven by technological advancements.