Real Estate Search Engine Powered by Artificial Intelligence

#artificialintelligence 

ITRealty intelligently analyzes the multiple listing services (MLS) that brokers and agents use to find/list properties, establish contractual offers of compensation among brokers, and accumulate and disseminate information to enable appraisals. "It does not matter anymore how far in the past comparable properties were sold", says Yuriy Setko, "Our algorithms will analyze where the market was for that particular type of property, in that particular neighborhood in the past, and apply the time adjustment percentage to the selling price to give you that property's market price as if it was sold yesterday." You usually have a good number of comparables to see if the asking price is right". It also helps to precisely determine the market price when putting up a property for sale. ITRealty tracks price drops on MLS, along with other listing analysis algorithms, to find "motivated sellers", as well as drawing supplementary data on real estate not found on MLS.

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