REAL AI: AI for a better home search, ChatGPT non-content uses, Practical AI Videos, Headlines and AI Quote of the Week
Our friend Kevin Hawkins, President of WAV Group Comunications and Co-author of the weekly publication REAL AI with his talented son Korey, just posted another informative article on using AI for a better home search, along with tips on using ChatGPT for non-content purposes.
By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 42
REAL AI is a human-created weekly roundup of all things related to artificial intelligence in real estate and emerging AI innovations in other sectors likely to impact our industry. We post a new edition every Friday, and our free newsletter is delivered every Monday. Subscribe to our free REAL AI newsletter here.
AI for a better home search
The typical way almost all buyers search for a home online has remained the same since property listings appeared online. AI is about to turn search on its head.
Over the decades, many attempts have been made to “reimagine” home search, and none have stuck. Proper data fields are the culprit, limiting the search to pull-downs and checked boxes. Buyer search is about price range, number of bedrooms and baths, and a few other features to help narrow down what they want to buy.
But the results and the experience sucks. Looking for a home online too often feels like trying to find the proverbial needle in the haystack.
Two AI companies look at home search differently: Restb.ai, real estate’s computer vision leader, and Lundy, the voice-driven property search leader. Both deliver a very different kind of search with AI.
This week, these two hot AI real estate startups teamed up to deliver a better – and very different – search experience to their MLS customers.
The news coverage focused on the great things Lundy is doing with voice search and their Herculean efforts to bring data accessibility to the MLS.
But the bigger story is the piece that Restb.ai delivers to property voice search: Yes, it’s an enormous benefit for the visually impaired, but it’s also a massive benefit for everyone else, too!
MLSs that are using Restb.ai’s full computer vision capabilities will unlock property search once combined with Lundy’s Finding Home Pro (which connects to Amazon Alexa).
Restb.ai tech provides more than 700 search insights for the property photos agents upload into their participating MLS. Instead of home shoppers being limited to the data fields locked into the MLS for search, they can search with incredible specificity and for homes with only certain features – hundreds of features that are not found in the fields of the industry’s data standards that fuel digital search.
If a buyer wants to look only at homes with light oak Kitchen cabinets, homes with chef kitchens, hardwood floors, or beamed ceilings, with this new AI partnership, voice search can deliver results.
Here’s what needs to happen next: agents and brokers need to bug the heck out of their MLSs to add these Restb.ai-Lundy features. Just about every MLS in the country can, as Restb.ai is available from all the major MLS tech platforms, but many just use their data checking tool. That’s great, as deploying the full power of computer vision is what will change search forever.
We are excited about two things: watching the movement towards voice-driven AI versus text and seeing search data boundaries disappear. One day soon, home search will stop sucking. (-Kevin)
Kevin added some tips to fellow journalists on ChatGPT non-content uses:
“Some of the areas covered in the Webinar include how to use ChatGPT to crunch survey results, read a PDF white paper or research paper and provide bullet point summaries, organize unorganized text and export in different formats, organize and calculate information that is a jumble of text and numbers, pulling the highlights and the top 10 quotes out of an interview transcript, and more.”
Related article:
Earlier post on The Data Advocate
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