The real estate industry is undergoing a transformative journey with artificial intelligence (AI). As AI continues to make its mark across various sectors, experts are getting equipped with AI for real estate agents.
AscendixTech is a real estate AI consulting firm that has been a trustworthy partner of industry titans such as JLL, Colliers, Savills, and others. Among other services that can help you move one step closer to successful digital transformation are AI development and AI integration services.
This article presents our findings by categorizing real estate AI software into three key areas: text generation, image generation, and analytics.
To add a dash of spice, we’ll also share our verdict on their effectiveness and practicality. With this article, you can grab the gist of what new capabilities AI can bring to your business, but if you need a more elaborate consultation with an expert who will consider your unique case, contact AscendixTech for a free AI consulting call. Our AI expert will understand your unique needs and goals and then develop a customized AI strategy to help you achieve them.
So, let’s jump in and discover the cutting-edge AI solutions that can propel real estate agents toward greater efficiency and success.
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Text Generative AI for Real Estate Agents
This section is dedicated to AI for real estate marketing tools. Just like any industry, the property market can thrive with compelling audience engagement and effective client interactions.
1. Epique
- Pricing: Free.
- Type: a suite of 12 AI content-generation tools for real estate agents
Our top pick of the best AI for real estate agents is Epique – “an artificial intelligence-powered platform for modern brokers” – this is how the company defines itself. And we wouldn’t disagree, as Epique AI acts as a host of at least 12 AI tools for real estate agents, which can take most copywriting tasks off brokers’ plate. The natural language intelligence behind Epique can produce various types of content tailored to distinct objectives:
- Realtor biography
- Real estate blog posts
- Image generation
- 12 touches email campaigning
- Newsletter campaigning
- AI-generated property descriptions
- Instagram quotes
- Lead generators
- State Law advisor
- Brokerage advice
Epique Dashboard – Best AI for Real Estate Agents
Our thoughts on the Epique AI for real estate agents
Having put Epique AI to the test, we can confidently say that its generating features are definitely worth exploring. The 12-Touches Email Campaign AI, for example, comprehends prompts related to word limits, email frequency, and even tone of voice, ensuring that agents’ communication aligns with their desired style and branding. Moreover, the platform’s intuitive chat interface guides users through the process, posing helpful questions about email sequence frequency, making it particularly useful for those new to generative real estate AI.
Epique Email Marketing AI Tool for Real Estate Agents
This chatbot for real estate may occasionally struggle to fully grasp prompts, so it’s essential to provide clear and direct instructions to overcome this minor hurdle. The user interface could use some improvements to match the intuitive experience of ChatGPT, but as more users join the platform, we are optimistic that these concerns will fade away.
2. Write.Homes
- Pricing: Free up to 1000 words, then $8 per Starter plan
- Type: a suite of AI content generation tools for real estate agents
The second pick on our AI for real estate agents list is Write.Homes – a comprehensive content creation tool tailored for real estate agents and professionals. The platform offers as many as 33 different natural language copywriting tools broken down into 7 handy categories:
- Emails & Newsletter
- Strategies & Analytics
- General Writing
- Blogging
- Social Media & Ads
- Website
- Ads.
When choosing a desired AI writer tool, say Video Script Writer, you need to first specify your request by feeding in your video idea and specifying the preferred language, creativity level, number of results, and max result lengths.
Text Generative AI for Real Estate – Write.Homes
First, you are allowed to generate only 1000 words at no cost. After that, affordable pricing plans come into effect:
- Starter Plan: For just $8 per month, agents can generate 18,000 words.
- Pro Plan: A cost-effective option at $18 per month, providing access to 50,000 words.
- Agency Plan: For larger-scale needs, the Agency Plan offers 1 million words per month at a reasonable price of $85.
What sets Write.Homes apart from other real estate AI tools for agents, such as Epique, is that the platform offers additional tools that enhance the content creation experience for real estate professionals. These include customizable templates for MLS listings, property descriptions, social media posts, and blog articles. The platform also features AI-powered content optimization tools for improving clarity, coherence, grammar, and spelling. Furthermore, Write.Homes supports text translation into different languages and provides strategic support with the generation of negotiation strategies, contract analysis, and action plans.
Our thoughts on Write.Homes AI for real estate agents
During our evaluation of Write.Homes, we were thoroughly impressed with its advanced generative AI for real estate agents, user-friendly platform interface, ability to choose the level of creativity, and the remarkable versatility of its generative AI capabilities. However, it’s important to note that Write.Homes differs from platforms like ChatGPT or Epique in a few key aspects.
One notable difference is that Write.Homes does not feature a chatbot interface, which has gained immense popularity and demand in recent times. While this means you might miss out on that interactive AI dialogue and the ability to provide real-time feedback, Write.Homes makes up for it with a whole range of criteria you predefine before making an input (e.g., type of the property, length of the generated text, tone of voice etc.)
At the same time, Write.Homes provides an extensive range of features specifically tailored to the unique requirements of real estate writing, among them customizable templates for MLS listings, property descriptions, social media posts, and blog articles. All of this comes at a price but is definitely worth every penny. Agents who do not need such versatility and want to benefit from the chatbot interface may find platforms like Epique, ChatGPT, or our next tool, ValPal, to be better suited to their needs.
Find out 11 ways ChatGPT may help real estate agents in their everyday workflows.
3. ValPal
- Pricing: Free
- Type: Simple property description generation tool
The third rival on our list will be UK-based ValPal.ai – originally an agent and landlord lead generation tool, which recently introduced 2 ChatGPT-inspired AI tools for real estate agents – ValPal.ai and ChatPal, among others.
The former, ValPal.ai, uses natural language algorithms to generate bespoke property descriptions based on given prompts on the property’s values, like size, location, and amenities. Notably, the system’s acumen extends to incorporating search engine optimization keywords, thereby elevating the visibility of listings in search engine rankings.
ValPal AI for Real Estate Agents
The company’s aspirations are not only to allow real estate agents to save time but also to improve the economic efficiency of the real estate market – in the UK at a minimum.
By eliminating the need to spend 45 minutes on crafting a listing and assuming an average salary of £19.35 per hour for a 40-hour week, ValPal estimates that its software could save the sector £40m per year or just over £2,000 per business considering the presence of 19,500 agents in the UK.
ChatPal, on the other hand, introduces AI for real estate leads designed to convert website traffic into leads and instructions for real estate agents. It is basically a chatbot for real estate that can be integrated into brokerage’s website to cover most frequently seen scenarios involving landlords and vendors. Notably, the chatbot is not aimed at tenants.
The brilliance of ChatPal lies in its scripts, strategically crafted to capture essential contact details, equipping agents with an abundance of potential leads to nurture and follow up with. Moreover, the intelligence behind the chatbot is able to pull out the information from the chat and place it into a CRM, giving the lead in further conversations to the human.
For a nominal fixed monthly fee, agents gain access to unlimited leads, while the option to integrate ChatPal with Facebook provides additional exposure and reach.
Our thoughts on ValPal AI for real estate agents
After conducting a trial period for both ValPal.ai and ChatPal, we have found that these AI tools for real estate agents offer user-friendly interfaces and straightforward functionality, providing valuable assistance to agents in various ways.
However, while ValPal.ai has its merits, it lacks the capability to understand natural language requests for style adjustments or limiting the description length. This is an area that ValPal should focus on improving.
But speaking of ChatPal, we do think that it can win the love of agents due to its straightforward artificial intelligence and smart algorithms for capturing potential clients’ data, which can then be put into the best commercial real estate CRM for further nurturing activities.
Here other some other examples of text-generative AI tools for real estate agents that might be worth your attention:
- RealtyNinja (a free real estate AI tool that allows for voice input)
- Listing Copy AI (a free AI listing-generating tool with an integrated Zillow API allowing to create a property description by pasting a direct link to a desired property listed on Zillow)
- Agently.com (a paid real estate AI tool that creates stunning listing descriptions with two clicks)
- ListingFlow.ai (a paid real estate AI tool that generates beautiful listings and uses AI to find potential buyers).
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4. ChatGPT
- Pricing: free and paid
- Type: AI conversational assistant
ChatGPT for real estate is a great opportunity to cover many work needs. If you are still wondering how to use ChatGPT for real estate, here’re some tips for the agents:
- Listing descriptions. With the help of Chat GPT for real estate descriptions you can quickly generate compelling and accurate descriptions for property listings.
- Client communication. Using ChatGPT can assist with drafting emails and messages. This way you easily maintain communication with customers.
- Market analysis. Real estate Chat GPT prompts can provide insights and summaries of market trends and data to help agents stay informed.
- Appointment scheduling. AI helps manage and organize showing appointments, reducing administrative workload.
- Social media content. Use ChatGPT for real estate agents to create engaging posts and updates for social media platforms to attract potential buyers and sellers.
ChatGPT for Real Estate | Answering Client Inquiries
Our thoughts on ChatGPT AI for real estate agents
The Ascendix team worked with ChatGPT on creating useful prompts for the specialists in the real estate industry. Our findings:
Lesson 1. ChatGPT must always be regarded as an assistant. Despite being advanced-coded, it does not always provide accurate information. So, always double check and edit information.
Lesson 2. Be precise. In your real estate Chat GPT prompts include all the necessary details, such as numbers, names, prices, locations, and others.
Lesson 3. Personalize prompts. Tailor real estate Chat GPT prompts to fit your unique needs and preferences. Customize the language to reflect your brand’s voice and the specific requirements of your clients.
Real estate is actively joining the AI movement. Ascendix has been too. Our skilled team can help you build custom AI real estate tools. Here are the solutions we provide:
- AI for property management
- AI chatbot for real estate
- AI real estate search tools
- AI for document analysis and abstraction
- AI-powered tenant screening
- AI for property description generation
- AI property valuation tools
Whether you have a solution in mind or are still exploring options, we’re happy to talk everything through. Having worked with industry leaders like JLL, Colliers, and Savills we know what it takes to meet the highest standards.
Image/Video Generative AI for Real Estate Agents
The visual element is a big component of AI for real estate marketing. It enhances property presentations, attracts potential buyers, and improves overall listing engagement.
5. REimagineHome
- Pricing: free
- Type: image-generating app for virtual interior re-design
Generative AI in real estate doesn’t end with copywriting. It goes far beyond, extending to image creation, space visualization, and virtual tours. A prime example of this is REimagineHome.
REimagineHome is an image-generating app that uses artificial intelligence to virtually renovate and redecorate any room. All you need to do is to:
- Snap a photo of the room you’d like to renovate virtually
- Download it onto the platform
- Highlight the area you’d like to modify
REimagineHome – Image-Generative AI Tools for Real Estate Agents
- Input your prompts: the style, color preference, and other desired instructions.
- Generate the renovated design.
AI Tools for Real Estate Agents – Space Renovation
As you can see, the model flawlessly performs renovating on the masked area of the image while retaining the original layout of the room. Undoubtedly, this AI real estate tool can prove beneficial in various contexts like showcasing potential interior designs for unfurnished listings. This unique feature might serve as a bridge between viewing a property listing and experiencing the actual space, enabling users to envision the transformation of an empty room with furniture.
As of now, the application looks entirely free with no limitations on the number of re-designs, but as the platform evolves, this might change any time soon.
Our thoughts on REimagineHome AI for real estate agents
Having tried REimagineHome AI in and out, we can say for sure that this application can prove to be one of the most useful generative AI tools in the real estate agent’s arsenal. It is simple to use, very straightforward, intelligent, and entirely free, which means you can appreciate the application without any financial commitment. However, even if REimagineHome rolled out a paid version, we do believe it would be worth every penny.
6. Getfloorplan
- Pricing: paid, starting at $17.5 per floor plan
- Type: 2D-to-3D spacing plan generation AI tool
Getfloorplan.com offers real estate agents an innovative AI-based tool that goes beyond traditional floor plans. With this platform, agents can effortlessly generate stunning 2D and 3D floor plans, as well as immersive 360° virtual tours to enhance their sales strategies. The process is simple: upload a sketch or a photo of a floor plan, and within one business day, receive a fully realized 3D plan and a captivating virtual tour.
Getfloorplan – AI Tool for Floor Planning
Customization is also a key feature of Getfloorplan.com. Agents can choose from a range of styles and materials to tailor their floor plans to meet their specific needs and preferences. This flexibility allows for a personalized touch that resonates with potential buyers. In addition to floor plan creation, it also offers AI-powered photo enhancement services. However, all of this comes at a price.
The platform doesn’t have subscription flat plans but charges per a generated floor plan / tour instead. The more plans you generate the cheaper the price will be. The first plan will come at a discounted price of $17,5.
Getfloorplan Price Plans | AI for Real Estate Agents
Customers’ thoughts on Getfloorplan AI for real estate agents
While we haven’t personally used the service, we’ve extensively researched customer reviews on various platforms like Trustpilot. The general consensus among users is overwhelmingly positive, with many praising Getfloorplan for its accuracy and user-friendly interface. Several customers even reported selling their homes faster thanks to the virtual tours generated by the platform. However, some users did mention occasional issues with waiting times, which may not always be accurate. Another common request from users is the ability to customize the generated floor plans by adding their preferred furniture. These concerns, however, quickly fade away when considering the fact that you would hardly generate a quality, furnished 2D floor plan, let alone an immersive 3D tour, on your own with a 1-day turnaround.
7. Restb AI
- Pricing: paid
- Type: real estate data analytics solution
Restb AI is an AI tool for real estate agents that analyses the data hidden within property photos to solve real estate’s most challenging problems. Harnessing cutting-edge advancements in deep learning technology, the platform’s AI algorithm effortlessly tags, describes and classifies property photos to boost SEO and improve conversion rates.
Restb AI offers eight solutions that can enhance your business. These solutions include:
- Property Tagging
- Image Enhancement
- Floor Plan Generation
- Room Detection
- Watermark Detection
- Object Detection
- Image Similarity
- Image Search
The power of the platform is that it really ‘sees’ the picture and understands what it depicts in a very detailed way as humans do. For example, its property tagging feature can extract distinctive information about the property by reading the photo of it and then put it into a well-worded description. This AI solution may come in handy for property managers and agents whose day-to-day activities revolve around listings.
Restb.ai – Image Analytics AI for Real Estate Agents
Another distinctive feature of Restb AI is photo-based condition analysis. The platform can score the condition, quality and potential of homes based on their property photos while relying on the Automated Valuation Model developed together with real estate experts from the automated valuation, insurance and appraisal verticals.
As for pricing, we couldn’t find any information on their website about it. However, you can contact them directly through their website to get more information.
Our thoughts on Restb AI for real estate agents
The platform’s functionality and the advancement of their image analysis intelligence really exceeds expectations. The tool basically covers all imaging-related tasks of a real estate agent – from property listing generation to photo enhancement to property evaluation. No wonder the startup was named as one of the top 5 hottest AI real estate startups in Europe.
8. OpusClip
- Pricing: free and paid
- Type: AI video clipping tool
OpusClip is a video AI for real estate agents. Whether you are running a social media account for your real estate agency or want to add a pinch of creativity in the property portfolio, OpusClip can help.
Key features:
- Automated content creation: Have a long video that can be used on multiple channels? With a few clicks OpusClip can generate short clips and publish them on your social media accounts.
- Various editing tools: No special skills are needed when using AI for real estate. OpusClip makes editing easy. AI helps you trim and extend videos, change captions, and add special effects.
- Scheduling features: Automatically post and schedule shorts to YouTube, TikTok, Instagram, and LinkedIn.
- Virality insights: This AI real estate agent provides insights into the quality and potential virality of your videos, along with improvement suggestions.
OpusClip has a few upcoming features to add to its toolkit:
- Analytics for tracking performance across social posts and receive personalized optimization tips.
- SEO insights to discover trending SEO keywords to create videos that drive higher views and conversions.
Now, let’s discuss the pricing plans of this AI for realtors. The free access is good for beginners or for someone with less workload. offers 60 processing minutes per month, auto reframes, and AI captions. However, you can only export the clips for up to 3 days. Then, paid plans are Starter ($15) and Pro ($29). Before signing up any of these subscriptions, you can start a free trial.
OpusClip pricing plans
Our thoughts on OpusClip AI tool for real estate agents
Established back in 2021, OpusClip has been gaining popularity alongside the widely discussed trend — AI. We personally liked this unconventional use of advanced technology for the property industry.
Even though we did not have a chance to work with this real estate AI software, the users seem to be delighted with the tool (source). They have pointed out ease of use, effectiveness, and ability to save time. All AI features have been well-received. Eventually, many users recommend OpusClip for managers and marketers in the real estate industry.
From our stance, this is a great tool for maximizing your online presence.
9. Virtual Staging AI
- Pricing: paid
- Type: AI virtual staging tool
Were you looking for ways to make your property listings more appealing? With real estate AI software — Virtual Staging AI — you can digitally furnish rooms. This AI tool can turn any unappealing setting into a cozy space.
This AI for realtors is easy to use. The result is ready in 3 steps: upload a picture, let AI redesign it, and download the staged photo. If the result does not meet your expectation, try regenerating it for free.
Best Virtual Staging AI features:
- Lifelike virtual staging;
- Customizable styles (modern, Scandinavian, farmhouse furniture, and more)
- Automatically removes unwanted items for a cleaner look;
- Unlimited regenerations;
- Budget-friendly subscriptions.
Virtual Staging AI
Virtual Staging AI comes with 4 plans: basic, standard, professional, and enterprise. The lowest price you will pay is $16 per month for 6 photos with the basic subscription. If you are a real estate agent or work with a team, consider the remaining 3 plans.
Virtual Staging AI pricing plans
Our thoughts on Virtual Staging AI tool for real estate agents
There are many AI tools for real estate agents that can bring images to life. But in our experience, many of them do a sloppy job. For instance, AI assistants like DALL-E are not able to follow instructions precisely. Hence, the results are a far cry from the desired image.
Virtual Staging AI tops the expectations and shows decent results. The staged photos appear to be realistic with no AI fleur. Additionally, the variation in styles is a great benefit of this AI tool. The Ascendix team is positive that many specialists will find this AI for realtors useful, especially for property listings.
10. Zillow
- Pricing: paid
- Type: AI for virtual tools
Zillow has integrated computer vision technology to create interactive floor plans from 360-degree photos. This innovation allows potential buyers to better understand the layout and location of properties. According to Zillow, implementing computer vision has greatly improved user experience by providing comprehensive views and virtual walkthroughs, enhancing trust in property listings.
Interactive Plans Generated by Zillow AI | Image Credits: Zillow
In addition to advanced visuals, there a few more AI Zillow features:
- Advanced search understands how you speak when searching for properties. Whether you type something like “2-bedroom apartment in Seattle with a view and pet-friendly,” it uses advanced technology (Natural Language Processing) to figure out what you want. Then, it automatically filters the listings to match your needs, like where you want to live, how much you can spend, and any special preferences you have. This makes finding the right home faster and easier.
- Neural Zestimate helps figure out how much a property is worth. It uses a smart system that checks the following property details: location, size, price, etc. It also checks things like taxes and market trends. Neural Zestimate provides accurate estimate of what the home is likely to sell for.
Our thoughts on Zillow AI tool for real estate agents
The Ascendix team finds AI Zillow tools useful in the arsenal of a modern real estate agent. Zillow’s Virtual tours and design visualization put the interaction with a client on a different level. Creating interactive floor plans and engaging clients improves user experience.
The fact that Design Visualization offers detailed views and virtual walkthroughs saves time and fosters client trust.
We believe AI Zillow tools significantly enhance real estate experience and efficiency.
Data Analytics AI for Real Estate Agents
Real estate AI tools quickly analyze large amounts of data, finding patterns that humans might miss. AI for real estate improves market predictions, lead generation, pricing strategies, and forecasting — all essential for successful real estate transactions.
11. Tableau AI
- Pricing: paid
- Type: AI for data analytics and insights
Tableau, a top-notch analytics and data visualization platform from Salesforce, is additionally a valuable AI for real estate agents. Its standout feature is its user-friendly interface, eliminating the need for coding knowledge. With Tableau Pulse, users can effortlessly create and share reports across different platforms.
This analytics tool excels in supporting data visualization and analytics, making it easy to create insightful reports shareable through browsers or embedded in applications, whether operating on the cloud or on-premise.
Tableau Pulse
Tableau operates on the VizQL query language, translating drag-and-drop actions into advanced backend queries with minimal need for user performance optimization.
Key advantages of Tableau AI for real estate agents:
- Visualize Property Data – Easily create visually compelling dashboards and reports to analyze property data, trends, and market conditions.
- Track Sales Performance – Monitor and evaluate sales performance metrics, helping agents understand their strengths and areas for improvement.
- Data Blending – Combine and analyze data from various sources, providing a comprehensive view of the real estate landscape.
- Interactive Presentations – Create interactive presentations for clients, offering a dynamic and engaging way to showcase property listings and market trends.
- Market Analysis – Conduct in-depth market analysis by exploring demographic data, property values, and competitive landscapes.
- Predictive Analytics – Utilize Tableau’s capabilities for predictive analytics to forecast market trends, enabling better-informed decision-making.
Our thoughts on Tableau AI tool for real estate agents
Tableau AI for real estate offers many nifty features to their users. We could not help but point out smooth data integration with software.
With Tableau Pulse AI for real estate, you can create advanced metrics and work with calculations in a special dashboard. Additionally, users can have a deep overview of insights. With flexile settings in Tableau Pulse, choose the options you want to track, customize your dashboard to your preferences, and easily monitor the metrics that matter most to you.
12. Julius AI: Your AI Data Analyst
- Pricing: free and paid
- Type: AI data visualizer
Julius AI is an intelligent data analyst tool that excels in interpreting, analyzing, and visualizing complex data in an intuitive and user-friendly manner.
Features for Real Estate Agents:
- Data Format Support: Julius AI supports various data file formats, including spreadsheets (.xls, .xlsx, .xlsm, .xlsb, .csv), Google Sheets, and Postgres databases.
- Natural Language Prompting: Users can analyze data with natural language prompting on the Chat page, making it accessible for those without a data science background.
- Ease of Use: Known for its ease of use, Julius AI is particularly suitable for straightforward data analysis projects.
Our thoughts on Julius AI tool for real estate agents
Our team found Julius AI to be an impressive data analyst AI for real estate. It quickly analyzes, visualizes, and animates complex data.
We appreciated how easy it was to download and share conversations and visualizations. The platform also provides excellent resources and support with a strong focus on data security.
13. Polymer: Streamlined AI-Powered Database
- Pricing: paid
- Type: AI-powered research platform
Polymer is a robust real estate AI tool designed to transform data into a streamlined, flexible, and powerful database, offering an efficient solution without the need for coding.
Features for Real Estate Agents:
- AI-Driven Analysis: Polymer relies on AI to analyze data and enhance users’ understanding without a lengthy onboarding process.
- Searchable Spreadsheets: Polymer uniquely makes spreadsheets searchable, intelligent, and interactive instantly upon upload to the platform.
- Wide Applicability: Used by various professionals, including data analysts, digital marketers, and content creators in the real estate industry.
Our thoughts on Polymer AI tool for real estate agents
We did not have a chance to test out Polymer AI for real estate, but we checked with user’s feedback on Product Hunt.
The feedback turned out to be positive. Users find Polymer the best AI for real estate agents in terms of data analysis. They mentioned simple importing process, advanced functionality, and smooth learning curve for non-technical users.
14. HouseCanary
- Pricing: free and paid
- Type: AI query-response system
HouseCanary is AI for realtors and property investors. HouseCanary offers in-depth analytics and insights to help users make smart investment choices. It uses machine learning to forecast property values, market trends, and investment opportunities.
Benefits of HouseCanary:
- Accurate property valuations: AI analyzes millions of data points, including past sales and property details, to predict property values with high accuracy. This helps investors and real estate investment firms understand the fair market value and make informed buying or selling decisions.
- Detailed market insights: The platform provides in-depth insights and forecasts for both national and local markets.
- Comprehensive rental analysis: For those interested in rental properties, HouseCanary offers detailed analysis of rental markets. It forecasts rental income, occupancy rates, and demand, helping investors gauge the potential profitability of rental properties and refine their rental strategies.
- Smart investment decisions: By using predictive analytics, this AI for realtors finds valuable opportunities and reduces risks. Such a data-driven approach aids in making better investment choices and achieving higher returns.
Our thoughts on HouseCanary AI tool for real estate agents
Our team has used HouseCanary and found it to be a valuable AI for real estate agents. The platform provides accurate property valuations and detailed market forecasts. These insights help agents set prices and understand future trends.
15. Reonomy
- Pricing: paid
- Type: Property intelligence in commercial real estate
Reonomy is an AI commercial real estate tool. With the help of this AI for realtors, you can faster analyze data to deliver valuable insights into market trends and property values.
Benefits of Reonomy:
- Extensive property data: Reonomy collects and organizes information from public records, proprietary databases, and third-party sources. This includes details on properties, ownership, and transaction history, providing investors with a thorough understanding of the market.
- Market analysis: The platform’s AI technology analyzes large volumes of data to uncover market trends and forecast future performance.
- Customizable reports and dashboards: Users can tailor reports and dashboards to focus on specific markets, properties, or trends. This customization allows investors to track the data that is most relevant to their investment strategies, making their analysis more effective and targeted.
Our thoughts on Reonomy AI tool for real estate agents
This real estate AI software for commercial purposes offers detailed property analytics. Reonomy helps realtors with strategy development and making investment decisions.
We wanted to mention that Reonomy has advanced Machine Learning algorithms. They provide access to real estate agents to get straight to the property owners.
Will AI Replace Real Estate Agents?
The potential impact of AI on job displacement has raised concerns, with Goldman Sachs predicting that the technology could render 300 million full-time jobs obsolete. This raises the question: Was Elon Musk correct in describing the pursuit of AI as a “dangerous” arms race?
Here’s our point of view on this: although AI, in some very creative ways, is changing the way property business is done, AI replacing real estate agents does not seem possible anytime soon. We believe too many augmentations will be needed until the tool can replace any job at all.
However, just considering how quickly Open AI, the company behind the renowned chatbot, is growing and establishing some of the most revolutionary collaborations, these augmentations might not take long to take place.
Just look at the recent news about Salesforce’s intentions to incorporate ChatGPT enterprise-grade AI technology into one of their flagship products – Einstein GPT – to allow users to ask natural-language prompts (i.e., conversational questions) directly within Salesforce CRM.
The same announcement followed from Microsoft, who confirmed a $10 billion investment into ChatGPT back in 2023.
Just looking at these movements in the tech industry, I can say for sure that ChatGPT has set the trend for natural-language capabilities, which means that:
- The AI goldrush has begun. Incorporating natural-language AI capabilities will soon become an industry standard for most enterprise software, and real estate technology is no exception. While the true value of AI in real estate is still unfolding during its introduction and testing phase, it’s evident that the market will undergo significant transformations in the next five years. Those who fail to adapt to these changes may face adverse consequences in the competitive landscape.
- Some professions and their responsibilities will need to be recalibrated to reflect the new industry normal, e.g., real estate content managers (professionals who look after listing websites, a company’s social media accounts, etc.) might act rather as content managers and will possibly need to master the new ways of generating content through AI. This will surely take their pay down as less human effort will be needed.
Overall, it’s clear that the trend toward natural-language AI capabilities is here to stay and will have a significant impact on the real estate tech industry and beyond. As businesses and professionals adapt to this new normal, we can expect to see new opportunities emerge, as well as new challenges to overcome.
Keep Up with the Evolving Market with Ascendix
We, Ascendix, are a team of innovators dedicated to helping commercial real estate agencies embrace innovation.
Over 16+ years in real estate, we have witnessed many industry breakthroughs and have developed indispensable expertise that positions us as the right leader to help your company integrate innovative AI tools and create custom AI solutions. We are ready to assist with your AI endeavors.
Additionally, we can provide our services with CRMs. Whether you need to choose the right CRM software or migrate from your legacy system to Salesforce, and more.
Contact us if you need:
- A technology partner who is sensitive to your commercial real estate problems – we have been providing stellar technology help to the most renowned industry incumbents like JLL and Colliers for almost 2 decades. Check our case studies to learn more about these collaborations.
- An expert audit of your current technology, whether it be a dated CRM or listing platform, to spot the reasons for underperformance and room for improvement.
- AI specialist with expertise in real estate. We can integrate our AI intelligent document management framework into your existing software to simplify paperwork management.
- An external development partner to help you build whatever solution you have in mind for real estate – as product developers with 5 offices across the world, we have the right product buildout expertise and technology resources to bring your ideas to life.
Contact us to find out how we can help you succeed in commercial real estate.
Need Help with Real Estate Automation?
We can help you effectively help you automate your real estate business by integrating AI tools into your existing software.
What Are Some AI Tools Available for Real Estate Agents?
Some AI tools for real estate agents include Epique, Write.Homes, and ValPal. These services offer features such as AI content generation, property description generation, lead generation, and chatbot integration.
How Can AI Benefit Real Estate Agents in Their Everyday Workflows?
Real estate AI tools can benefit real estate agents by automating tasks such as copywriting, generating property descriptions, optimizing content, and providing virtual interior re-design. AI offers task automation for real estate professionals, improves their productivity, and enhances the overall customer experience.
Can AI Replace Real Estate Agents in the Future?
While AI is transforming the real estate industry, completely replacing real estate agents does not seem possible anytime soon. Although AI tools can automate certain tasks, the expertise and personalized service provided by agents are still valuable and necessary. Augmentations and advancements in AI technology will likely continue to complement and support real estate agents rather than replace them.
Alina Snisarenko , Head of Content
Alina is a forward-thinking writer specializing in Salesforce Consulting, Ascendix Products, and best commercial real estate practices. She shares her insights in engaging yet informative posts to help businesses get the most value out of the latest industry news and trends.
I am curious about how embracing Ai can help me do my job better and faster.
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