Share to Facebook Share to Twitter Share to Linkedin How Generative AI Will Change The Job Of Real Estate Agents Adobe Stock Real estate agents and other professionals in their industry are in the business of selling good old-fashioned solid bricks and mortar. But that doesn’t mean their jobs aren’t impacted by new technology. Digitization, the internet, and more recent trends like drone photography and virtual reality have all made a big impact.
But bigger changes could be on the horizon as agents, appraisers, investors and mortgage brokers race to benefit from the opportunities of generative AI. A recent McKinsey report estimates that the hottest tech trend of moment could generate up to $180 billion in value for the real estate industry. This means that it’s inevitable that the roles of professionals will change as they adopt new working practices and learn to augment their abilities with new, generative tools.
With this in mind, lets take a look at some of the changes that we can expect to see. Generative AI And The Real Estate Business Generative AI has the potential to transform many of the day-to-day tasks carried out by real estate professionals. For example, it can quickly generate property descriptions and listings to entice potential buyers.
This could involve using computer vision to analyze photographs, floor plans or even video captured by drones and translating them into written descriptions. These descriptions can even be personalized to appeal to indivi.
