staging
How does Artificial Intelligence contribute to the real estate market?
Real Estate Market & Lifestyle | March 15, 2022 |

Technology is an ally of the real estate sector, so Artificial Intelligence (AI) increases productivity, sales and service quality, which in turn contributes to social and economic transformation, specialists point out.

AI currently allows non-face-to-face automatic evaluation models to be carried out, to calculate the optimal rental or sale price, to forecast price trends according to the macroeconomic scenario and to incorporate models similar to mortgage scoring into rentals.

As the real estate market has a significant impact on the economy, it is important that it incorporates the advantages that technology offers and thus enhances the opportunities.

Check here: Walmart estimates to invest 4.7 million pesos in logistics, during 2022

Among the main elements that AI offers to the real estate sector are the Automated Valuation Models (AVM) that carry out non-face-to-face evaluations for complete portfolios of real estate, which reduces costs by not carrying out the face-to-face appraisal until the moment of sale, as well as the valuation for the entire portfolio.

Another advantage for clients is that you can know the real state of conservation of the property from image processing, that is, possible reforms, changes in the interior walls, damages, etc.; which also works to identify stays, according to the site muypymes.com.

Of interest: Demand for offices is driven by quality, sustainability and well-being in the spaces

AI is also a good ally to discern the evolution of housing, commercial premises or land prices according to different macroeconomic scenarios with more precise results, a key issue if the impact of construction prices is taken into account and real estate services.

This technology also allows the generation of models similar to mortgage scoring aimed at determining the profile of the payer and their disbursement capacity, with the intention of achieving the best results, reducing the risk of the operation.

In Solili you can consult available offices in Polanco, Reforma and Lomas Altas

Original note

Stay up to date with the most important news to the real estate

Subscribe Solili Newsletter