What artificial intelligence means for homebuyers, real estate market?

  • Real estate companies are increasingly using artificial intelligence in every aspect of buying, selling and home financing.
  • Algorithms can now go through millions of documents in seconds, looking through property values, debt levels, home renovations, and even some of a homeowner’s personal information.
  • “The traditional agent would go knock on the doors of a lot of homes. Now AI helps you find the homes that are most likely to sell in the next 12 months,” said Compass’ chief technology officer.

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