Tag: Artificial Intelligence
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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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Fairer Play: Counties Will Adopt AI to Delete Racial Deed Restrictions
Ever read through your deed and find a stink bomb like this? “The said premises shall not be sold to, owned, used or occupied by any person or persons other than those of the Caucasian race.” That’s a deed restriction placed on hundreds of Haverford Township, Pennsylvania titles in the 1920s, found by investigators at…
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Now It’s the Deepfakes. Protect Deeds and Accounts From AI-Generated Imposters
Real estate transactions involve large money transfers. Creative swindlers love those. And now, progress in artificial intelligence (AI) brings new opportunities for real estate fraud. Shady actors are using real people’s voice or image samples to create recordings and persuade buyers and sellers to respond to questions with key information. Then the scammers hijack the…
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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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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…
