Using artificial intelligence in real estate can improve the speed and efficiency of the transaction process. It can also reveal new prospects and help to make sound property-specific decisions. In addition, AI can sift through enormous databases and provide relevant information on national and international scales.
One example of this is the predictive analytics feature of AI. This technology helps investors determine whether a property is a good investment and when to sell it.
Similar technology is used by companies such as Zillow, which uses AI to analyze various data sources and determine which properties are most likely to attract prospective buyers. These systems can also identify patterns in large data sets and suggest improvements.