AI will significantly transform the way people buy and sell property. Read four predictions on how AI will revolutionize the future of real estate.
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.
Currently, AI capabilities are somewhat limited. However, the way the technology is advancing, 10 to 15 years from now, AI will significantly transform the way people buy and sell property. Here are four predictions for how AI will revolutionize the future of the real estate industry.
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