AI is one of those things that can stir up questions and emotions whenever it is discussed, especially when it is being rolled out into your industry. Last week I was a guest at a conference in India. The conference was showcasing the growing relationship between Indian people and Australia while also highlighting the significant role AI will play over the next few years.
So when presented with the future role of AI in real estate I sat up and took notice. Now, whether it was to placate the audience or genuine fact, the feedback was that AI wont replace the human part of the role, but it will replace some humans. People who are doing repetitive and simple tasks will find AI move into their space. They also noted, specifically for real estate, the customer expertise was about to get supercharged. Web browsers like realestate.com.au were beginning to serve buyers properties assessing things like aspect, proximity to places they like or any other intricacy it noted as a common thread in their searching behaviour.
This new technology will also note if your online behaviour starts to match that of someone who is looking to purchase and will begin to serve you finance and property options, even if you don’t think you’re looking yet. It’s a spooky world! My takeaways were that the customer experience for all of us is about to become a lot more automated and personal. That agents will need to ensure they are using this technology to enhance their offering to clients and that AI will transition from creepy to convenient.
Small changes can make a big difference in your home – without draining your wallet. Keeping a house looking good and feeling comfortable often feels like an ongoing project. With the rising cost of living and busy schedules, big renovations aren’t always realistic. Luckily, there are plenty of quick and … Read more
On top of the new Sellers Disclosure, there is also a new contract. For some reason someone has snuck in a seemingly harmless tick box on Land Tax. But it is anything but harmless! A quick lesson on Land Tax: It is a state government tax that applies to investment … Read more