REAL ESTATE

Real state Agent

AI is at a stage in which machine learning capabilities have become seriously impressive, but far from sentient. Artificial intelligence is everywhere — suggesting shows to you on Netflix, protecting you from credit card fraud, and categorizing and tagging your photos.

The use of chatbots in real estate could be a game changer. While only a human can lead a physical tour, virtual tours are already emerging, along with bots that can answer questions on square footage, leasing terms, and other topics of interest. As machine learning advances, so will these bots’ ability to answer more nuanced queries. 

The use of chatbots in real estate could be a game changer. While only a human can lead a physical tour, virtual tours are already emerging, along with bots that can answer questions on square footage, leasing terms, and other topics of interest. As machine learning advances, so will these bots’ ability to answer more nuanced queries. 

Smart Searching

As well as Google queries, other searches have grown steadily more sophisticated. Where clients would once be happy to filter a list of properties by area or price, they now want to be able to add in deeper layers such as the likelihood of a high return on investment. Artificial intelligence can build these layers into the results of searches before a customer even thinks to ask them. The stage at which even the greenest property buyer or seller requires the intervention of a profession broker is being pushed further and further back.

Machine Learning
in Search Engines

A search tool that grows and learn as you use it. Real estate searches now start at Google rather than in an office. BLACKSTONE Machine learning tool process more than just your search query, it digest the information on the page you are being directed to. The contents of the page are not just scoured to match the search, but checked for signs and signifiers that the page will answer the meaning behind the search.

Chat Bots

Using Artificial intelligence to automate lead generation for real estate brokers. Driven by property and consumer data, using predictive analytics to identify prospects with the highest likelihood of listing their property for sale.
The initial marketing outreach is then automated and performed by your own bot, feeding more data results into the system as conversions and losses are measured. This leaves the broker with a series of highly qualified leads that have already started their journey along the sales funnel.

Property Suggestions

Using a random forest approach, where customer decision trees are estimated and plotted, the AI can use the analytic data of previous searches and preferences to drill down into the most accurate results.
This is first based on property information and then even more human and subjective descriptions found in the listing results. The result is a more accurate, faster and satisfying user experience with less guesswork, trial and error, and wasted human endeavor.

Robotics

Robots will simplify the process of buying property. They might also cut down on potential real estate agent commission costs .
Robots are clearly beginning to impact the real estate business. For now, this means robots assist human real estate agents or brokers. But in the (very near) future, it quite possible that robots could take over the business of selling property entirely.

Customers of all sizes succeed with Blackstone eIT

Our Offices

CORPORATE
HEADQUARTERS

Seattle WA

T:+1 (425) 283-3463

Sales@blackStoneeiT.com