AI and Real Estate

Published on 29 August 2022, 07:22:56 AM

BC-based real estate agents are sharing their thoughts on AI and think that the introduction of these tools and resources to the real estate industry feels similar to when the internet was first introduced!

Trevor Koot, CEO of the British Columbia Real Estate Association, says the opportunities for innovation in real estate are endless. We’ll be noticing buyers interacting with the home purchasing process in new and novel ways. For example, imagine 3D modeling cameras that have the ability to measure energy efficiency in a home and determine whether there are cracks along a building’s foundation. 

Of course, buying a home is still an incredibly emotional and people-first process. Thus, these technological advancements are not going to replace human interaction. Instead, they’re going to work alongside the best real estate professionals to deliver and facilitate the most seamless and effective buying process yet.