Artificial intelligence is here and shows no signs of slowing down. According to PwC, business leaders said they believe AI is going to be fundamental in the future. Most people referred to AI as a “business advantage.” The same survey reports that 63% of people agree AI will help solve complex problems that plague modern societies, and 59% agree that AI will help people live more fulfilling lives. But, where will AI take the real estate market in ten years?
AI is infiltrating every industry, including the real estate sector. What was once a lagging industry, faces massive change now – and in the future. From enhancing the home search process to predicting property market values, AI will impact consumers and agents alike
Bringing AI to real estate.
AI is barely scratching the surface of the real estate industry. However, it will significantly impact the way people buy and sell property 10-15 years down the road.
Agents who embrace AI-driven technology will have a competitive advantage compared to those who do not. As for consumers, AI will ease the challenges of finding, viewing, and buying a home. AI will help agents better serve their clients, and this technology will be a key competitive edge over other agents. Those that embrace the technology will certainly see results.