There have been a lot of hot technologies to generate a buzz over the years, but this one feels a bit different. The rapid adoption of ChatGPT and other generative AI tech has led to a major investment and opportunity for Microsoft (followed by a buggy demo of Google''s AI ChatGPT competitor, Bard), and the halo effect of anything related to Artificial Intelligence has spread from tech stocks to crypto and across almost any function and industry you can imagine. The growth of ChatGPT's user base in particular has been incredible and has created a widespread excitement far beyond most of other recently hyped tech. It's not often that an early stage technology like this has captured such mainstream attention. Despite the mad dash to get involved in everything AI and feel of a potential bubble around the space, this technology has the potential to be a true game changer in a number of areas including education, programming, content creation and, yes, real estate.

Cherre is on a mission to save owners valuable time through automation. In this episode, Adam Torres and Kevin Shtofman, Head of Innovation at Cherre, explore Kevin's career in real estate and future plans for Cherre. Cherre is the leader in real estate data and insight. We connect decision makers to accurate property and market information, and help them make faster, smarter decisions. By providing a unique "single source of truth," Cherre empowers customers to evaluate opportunities and trends faster and more accurately, while saving millions of dollars in manual data collection and analytics costs.

"The ad said this pool was lagoon-like. That's the sarcastic comment of two clients in an iconic scene from American Beauty right before Carolyn, the movie co-protagonist working as a real estate agent, has a meltdown. Despite the typical cinematic overdramatisation, it's actually true that few industries in the world are driven by the "human factor", including interpersonal interactions between sellers and buyers, as much as real estate, and this seems to result in a certain conservatism and low propensity for change. Just a few years ago, indeed, this sector was ranked as the second least digitised by the Morgan Stanley Digitalisation Index. However, things are evolving faster, as relying on technology to compete in a saturated, unpredictable market like real estate can certainly come in handy.

Post-COVID, almost every industry has become data-driven and has adopted AI to beat the heat of the increasing competition. But, the real estate industry has been one of the slowest to go into digitization. One of the vital reasons for this could be the varying disparities in the data of this industry. It's one thing to enlist house types by rooms and another thing when users search with specific instructions. Furthermore, the urge of property dealers to cross-verify everything in person is another crucial factor that refrains real estate agents (and brokers) to invest in digital marketing and stick to non-digitized, traditional marketing mediums like print media and television ads. But even this industry could not escape the aftermath of the pandemic, which forced its stakeholders to turn towards digital solutions and adopt the bleeding-edge technologies of Artificial Intelligence and Machine Learning.

Kevin Markarian is the cofounder of Roopler, an AI-driven lead generation platform built for the real estate industry. Artificial intelligence is rapidly upending how people do business across industries, and yet skeptics still abound. But is there really a reason to fear AI? AI will change how we work and do business, and its impact is already being felt. Still, that doesn't mean it is something to fear. On the contrary, business managers and leaders who embrace AI and harness its potential now have everything to gain.

By 2030, AI is predicted to add $15 trillion to the global GDP thanks largely to solving data issues according to PwC. Lending money used to be a tricky business but time consumers and technology is changing. Banks and other industries are struggling to cope with the changing consumer demand, but a few are getting it right. AI's Projected Impact on Global GDP Real Estate is one industry that has a big AI opportunity due to its late mover position. The early pitfalls have been identified and now fast progress can be made with a sensible strategy.

In addition, the real estate field, like many others, is transitioning to a "data-driven" world and developing artificial intelligence use cases. From consumer exchange of goods and services strategies to investing in large commercial projects, A.I. is making inroads into real estate. On the other hand, the real estate field is still in the early stages of implementing A.I. services in real estate will become more visible as technology advances. This article will look at the buzz around A.I. in the real estate industry. Artificial intelligence is a word that refers to a type of technology that can draw logical conclusions on its own.

New Delhi [India], November 26 (ANI/NewsVoir): Artificial intelligence has emerged as one of the biggest disruptors and game changers in the real estate landscape today, enabling a strategic, and empowered buying and selling experience. With the potential to carry out massive technological reforms across the sector AI is driving change with a technology-led immersive experience made possible just at the click of a button. These views were expressed by eminent leaders from the industry at'Leveraging AI in the Real Estate Landscape', a webinar organized by Techarc, a leading technology analytics, research and consultancy firm in association with Compass, the overseas development centre of Urban Compass Inc., a US-headquartered technology platform leading change with new age technologies such as AI & ML in the real estate industry. The panel called for leveraging the power of AI and its potential to transform the real estate landscape especially in India with appropriate investments. Incorporating data and AI based algorithms is enabling leading real estate platforms like Compass, in decision making process and at the same time is also assisting them in managing the substantial volumes of historic data that has been generated within the industry over the years and monitor bespoke KPIs in order to expedite procedures and extract useful data.

Things have definitely changed in our everyday lives as a result of the technology revolution that has gained traction over the last decade. Investing in real estates, like many businesses, is undergoing transformations because of technological advancements. Artificial intelligence is one of the most potent technological advances changing real estate investing today. In today's development marketplace, artificial intelligence is the most major game-changer. That appears to be a tendency that will continue in the next few years.

The real estate industry is formed over the centuries to assist in making the dangerous and important process of buying, selling, and leasing properties safer and easier. Numerous advances have been taken on to help property experts make their positions more effective. Artificial intelligence, machine learning, robotics, the Internet of Things (IoT), and more are the innovations that are constantly changing parameters of the real estate industry. But how does modern-day technology help real estate companies? Since 1960, NBCC has emerged as the undisputed leader in the Construction Sector.