AI permeates every industry domain, and real estate is no exception.
The technology is coming to the fore as a real game-changer and a key prop-tech trend with machines, such as market analytics, virtual assistants, property valuation, enhanced search, property management automation, price modeling, and recommendation systems, making a thumping case for themselves.
As per a crucial estimate, the real estate industry's adoption of AI is driving exponential growth, projected to increase from $164.96 billion in 2023 to $226.71 billion in 2024 at a CAGR of 37.4%.
This ebook is for anyone interested in understanding the revolutionary impact of AI in real estate. It covers the necessity of using AI in the sector, the urgency of enhancing its capabilities, real-life implications, and a strategic roadmap for AI-driven transformation in real estate.
Aspects covered in the e-book are:
The current state of the real estate industry
Generative AI and its power to reimagine the future of real estate
The benefits of AI in unlocking significant innovation
Potential risks of using AI
Key use cases and industry applications of AI in real estate
The Closeloop’s Edge in AI