Artificial Intelligence : A Real Estate Breakthrough!

Artificial Intelligence …. Is surely the biggest real estate technology and innovation breakthrough is Artificial Intelligence, or AI, which has been on the rise since 2022 and will stay here for long. This real estate tech trend has reached the industry quite recently, but already became essential in real estate operations.

The trend of AI in real estate will further evolve with the recent introduction of the GPT store, allowing users to choose ready-made chatbots from the constantly expanding GPT collection.

With the emergence of a whole new collection of affordable AI-powered real estate assistance, many more repetitive and manual tasks will be optimized, automated, and replaced by technology, saving time and effort of real estate professionals.

Some of the most popular AI applications in real estate are:

• AI lease/ contract summary AI;
• Automated property evaluation
• Chatbots for high-quality 24/7 customer support;
• Virtual assistants with the ability to schedule appointments, summarize and plan calls, and create and manage tasks;
• Tools for property descriptions and summary generation for listings;
• Analytics for market trends tracking and data analysis;
• Real estate investment and portfolio management platforms;
• AI natural market search for finding relevant properties;
• Automated property management and maintenance platforms

AI is revolutionising the real estate industry, impacting everything from property valuation and marketing to property management and customer service. AI-powered tools are streamlining processes, enhancing decision-making, and offering new avenues for revenue generation.

Thanks for this write up. Got to learn something new.

AI is to 2025 what crypto was for 2024. I'm intrigued to see where this leads us and the future generations.