Tag: AI in Real Estate
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Seeking Housing Market Info? Today, 61% of Home Buyers Check AI First.
Artificial intelligence is transforming real estate deals, says a new Realtor.com® survey. Through that survey, the National Association of REALTORS® found that eight out of ten U.S. home buyers use artificial intelligence (AI) when making their plans and navigating their home purchases. The top two AI models for buyers are OpenAI’s ChatGPT and Google’s Gemini.…
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From the Head of the Central Arizona Association of Realtors®: Hot Take on AI in Real Estate
Writing to agents about the impact of AI, Dennis Riccio, president of the Central Arizona Association of REALTORS®, offered a helpful take on the use and future of the technology in various stages of our deed transactions. Let’s look at the main points that came up involving the residential side of real estate.
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What’s Next (And Do We Need It)? Real Estate AI Specialist Certification
At Deeds.com, we’ve been tracking the impact of artificial intelligence on the real estate industry for quite some time now. The Colibri Real Estate company is the latest to make its mark at this nexus. It’s rolling out a new AI certification for agents — the first of its kind. Colibri says 75% of the…
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AI Is Replacing Real Estate Professionals: True or False?
AI tools have been automating real estate sites, personalizing home searches, and handling a good deal of desk work for some time now. AI (artificial intelligence) gleans information from government records, the Multiple Listing Services, and other data sources. It’s used in marketing, budgeting, and communications. The vast majority of brokerages surveyed this year say…
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Real Estate, Meet the Bots. Not Everyone’s Amused.
Digs, a purveyor of software for home builders and managers, is doing what many companies are doing these days. It’s revving up the artificial intelligence (AI) tools on its platform. With Digs, home builders and deed holders collaborate and store information. They make digital twins to simulate touring or working in the actual homes. Builders,…
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What’s the Latest With AI in Real Estate? Ask Claire.
A company named reAlpha is a publicly traded firm focused on property technology — proptech. And it’s very big on artificial intelligence. But who’s Claire? That’s reAlpha’s Smart Buyer’s Agent. Claire is powered by generative AI. Claire helps the home buyer pick out the best homes to consider. Claire then provides data-informed virtual tours, and…
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Tech in 2024: Real Estate’s Transformation Speeds Ahead
Tech continues to transform the real estate world. It helps us assess the value of property. It enables people to spot trends. It assists real estate pros as they market, map, and make predictions. It enables “dream home” buyers to participate in the design work. Most important of all, technology plays a housing affordability role.…
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Can We Use AI Instead of Real Estate Agents Yet?
Real estate sites use AI to offer cutting-edge listing searches. And lenders use artificial intelligence when sizing up an applicant’s financial strength. Tech-focused online lenders employ AI to help them approve or reject loan applications right away. Additionally, AI can automate various business tasks, thereby reducing the risk of fraud. But can AI manage a…
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The “Post-MLS” Market: Is Being Your Own Agent the Future of Real Estate?
Some hopeful home buyers don’t want an agent. “Why, in the age of online marketplaces and bank apps,” they might ask… “Can’t I find a home myself and make a deal with the owner?” Some write to owners, asking who wants to sell person-to-person — no agents. No bidding wars. No agent commissions. “And why…
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And the Winner Is… NAR’s AI Contest “Homes In” on Phone Call Tech
The National Association of Realtors® (NAR) is on the hunt for “the next big thing in real estate tech,” says Bob Goldberg, the group’s CEO. Last month, in our update on artificial intelligence for home searches, we saw NAR advertising a contest to showcase the best uses it could find for artificial intelligence in real…
