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One Agency Group Blog Why You Need To Be Up To Date With Ai In Real Estate Banner

Why you need to be up to date with AI in real estate

After decades seeing artificial intelligence in sci-fi films, it seems like the dawn of AI in everyday life is finally here.

While this might seem daunting at first, the possible applications of AI in real estate can actually make the job of an agent easier, more efficient and more productive.

Will AI replace real estate agents? Only in a very poor way. The art of selling a home is about connections and human skills, so the best salespeople have nothing to worry about ‒ only something to gain.

Artificial Intelligence Will It Help Or Hinder Real Estate 2

Artificial intelligence: Will it help or hinder real estate?

Artificial intelligence, or AI, has risen steadily in recent years and it looks like it’s here to stay. If you’re working in real estate in Australia, it’s time to start considering the implications for the property industry?

AI alone won’t be able to run an agency, but it does offer opportunities for real estate agents to improve their services and sell homes more efficiently.

What is artificial intelligence?

Artificial intelligence, as it exists today, is what is known as narrow AI. This means a computer can learn, or be taught, to do one type of thing, unlike the human brain which can learn to do a vast number of different tasks. Narrow AI is what makes things like Siri and self-driving cars work.

There’s already a multitude of applications for AI in real estate. At One Agency we’re all about using technologies to run a smarter and more cost-effective business, so today we discuss the current benefits of AI to our industry.