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AI & Real Estate: A Match Made in Tech Heaven

Couple discusses apartment purchase with real estate agent

Pavel Danilyuk from Pexels

In The Art of War, the ancient war treatise and strategy guide written centuries ago, Sun Tzu says that the winning general will be the one who has better intelligence and makes more calculations. Buying a home has come to feel like a type of war lately, and when you go into this battle, you need to come armed with better information.

That’s why the most disruptive tech platforms today let homebuyers access Artificial Intelligence on a platform designed to increase transparency in the real estate sector, something the industry has lacked historically.

Let’s take a deeper look at the features found on the best real estate tech platforms that harness AI.

Agent Data at a Glance

When collaborating in real estate, you need to know who you’re dealing with. Nobul, the world’s first and only digital real estate marketplace from Regan McGee, gives buyers and sellers immediate, unlimited access to real estate agents’ transaction histories, pricing, services, and reviews. 

Such a volume of key information puts the power back into the hands of homebuyers since agents will compete for their business — openly and transparently — and not the other way around. Buying a home is an exciting time, but it can also be stressful if you lack the tools to do it from an empowered place.

You should be able to connect easily with the agent who presents the most suitable combination of services, pricing, reputation, and fit for them personally. For this to happen, you need to know more about the agents than you can get by walking into the office.

Plus, when agents have to vie with each other to get your business, they may offer attractive incentives such as cashback. 

 Real estate agent shows property to young buyer couple

Unique Algorithm 

The algorithm is to a tech platform what the secret sauce is to your favourite dish — the mysterious key to it all that elevates the ordinary! The leading tech platforms use AI to present buyers and sellers with data-driven choices of real estate pros who match their unique needs. 

Buying a home is a process that impacts a person’s lifestyle and finances for years. Open access to vital information is a crucial tool, but having an algorithm leverage this data powerfully is another one. 

Leading tech tools let you plug in everything you’re looking for in a home and a realtor and find the best match possible. Define your search by the features in a home you’re looking for, such as the proximity to schools, daycare, nightlife, and more.

Algorithms give you the best of both worlds, as they factor in all your specific personal needs responsively while processing data more efficiently than any single person could.

Buying a home has huge financial and lifestyle implications. You and any family you may have will live inside it, but it’s also a nest egg to help you financially down the road. Don’t make such a crucial decision without using all of the latest Artificial Intelligence tools at your disposal.