Artificial Intelligence is transforming real estate, offering opportunities for better consumer engagement. By embracing AI, brokerages can provide personalized experiences, faster responses, and stay ahead of the competition.
By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 36 REAL AI is a human-created weekly roundup of all things related to artificial intelligence in real estate and emerging AI innovations in other sectors likely to impact our industry. We post a new edition every Friday, and our free newsletter is delivered every Monday. Zillow’s AI stumble Real estate agents often get very excited when they first read about an AI breakthrough they believe can help them. They download the app or AI agent, but too often, the promised AI feature does not deliver, and elation turns to frustration. [...]
The iOi summit continues to surge as one of the top conferences in real estate with a focus on innovation - mostly start ups.
Here we go, as the world turns again in real estate SEO. It didn't take Google long to release the August 2024 Core Update after the judgment in the antitrust case. Google Search announced another core update on August 15, 2024.
Zillow is on the move with impressive growth and they are taking business from established lenders.
This is where you will be informed about system updates, rule changes, new features, new products offered though the MLS, and hopefully find invites to events that allow you to network in your real estate community with gatherings.
In a world where digital presence is as crucial as physical location, the real estate industry finds itself navigating a turbulent sea of change. The recent antitrust ruling against Google has sent ripples through the digital landscape.
The options before the committee are clear: leave it alone, consider modifications, or repeal the policy until the industry and the DOJ can find a middle ground.
By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 35 REAL AI is a human-created weekly roundup of all things related to artificial intelligence in real estate and emerging AI innovations in other sectors likely to impact our industry. We post a new edition every Friday, and our free newsletter is delivered every Monday. Testing Meta AI Ray-Bans at the iOi Summit One of my favorite two-day annual real estate tech events is the NAR iOi Summit. I've been to every one, and this year, it was in my hometown, Chicago. Artificial intelligence had top billing throughout the conference, [...]
Real estate brokers, agents, and technology companies have been sucked dry by the reduction in units. The only glimmer of light is the rapid raise of home values.
From the very beginning of consumer access to home value estimates, WAV Group has echoed concerns about the damage of such a complex and unregulated data point being shared with homeowners. In the housing finance industry, home value estimates are called Automated Valuation Models or AVMs. The models are more of an art than a science - whereby economists handpick a series of data points that get mashed up into an algorithm. Below is a snapshot of my Homebot valuation, which prompted me to look at other AVMs to compare and contrast the results. The highest valuation was the Zillow [...]
What we really see here in the case of RealPage and the MLS is related to many factors that precipitate the trends in the marketplace.
