{"id":11027,"date":"2018-08-14T12:09:25","date_gmt":"2018-08-14T02:09:25","guid":{"rendered":"https:\/\/reuncut.com.au\/?p=11027"},"modified":"2022-04-12T11:47:11","modified_gmt":"2022-04-12T01:47:11","slug":"4-robots-you-can-use-in-real-estate-right-now","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtyuncut\/4-robots-you-can-use-in-real-estate-right-now\/","title":{"rendered":"4 robots you can use in real estate right now"},"content":{"rendered":"

By Kylie Davis \u2014 CoreLogic<\/strong><\/p>\n

Would you let a robot negotiate the sale of your home? That was the question that got an overwhelming \u201cno way\u201d at the INMAN Connect 2018 session on automation and robots in San Francisco recently.<\/p>\n

But would you allow a robot to prepare all the background material, check the data, manage the paperwork, and coordinate the grunt work of the work flow so that the agent could focus on the buyers and sellers, supporting the relationship and making sure that the negotiation went smoothly. The answer to that was \u201cabsolutely\u201d.<\/p>\n

In real estate, the robots most likely to be helping us \u2013 especially in the short to medium term \u2013 are unlikely to be C3PO or Rosie the Robot from The Jetsons able to compute hyperspace, clean the house and make coffee. Rather they will be background algorithms that are doing one or two tasks to extraordinary levels of efficiency, and handing off to the next step of the process where another algorithm takes over. To the agent as an end user, it will probably feel like a single virtual assistant. But in reality, it\u2019s more likely to be an army of AI minions – hopefully without the chaos in the background.<\/p>\n

Here are four startups that CoreLogic met with at INMAN Connect that are working in the automation and robotic space for real estate.<\/p>\n

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  1. Robots that create video and reports<\/strong><\/li>\n<\/ol>\n

    Shooting video is time consuming and can be embarrassing \u2013 especially if you\u2019ve got a face for radio! Looking up data and writing about the market requires top notch research skills, an eye for detail and a week or two to execute. Australian startup HomePrezzo takes all this pain away by allowing agents to create animated videos about their local markets and properties using the latest market statistics. Once you\u2019ve set up your photo, contact details and branding, you can quickly create videos and reports in under two minutes, and share them across Facebook, LinkedIn, Twitter or your website and email marketing. Incorporate into your content calendar to extend your digital profile.<\/p>\n

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    1. Robots that manage your communication<\/strong><\/li>\n<\/ol>\n

      Responding to inquiries is one of the most important thing a real estate agent can do but the myriad of devices where communication now occurs can make agents slaves to their devices \u2013 or do the job poorly. Enter Gabbi.ai, which combines all your communications from email, text messages and social media in one place in a chronological timeline – and automates your ability to respond. Gabbi also has chatbot features which allow \u2018her\u2019 to book appointments and viewings for you, and respond to basic inquiries. She also plays the role of an assistant, and will create reminders and send reports.<\/p>\n

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      1. Robots that clean up your data and help you use it better<\/strong><\/li>\n<\/ol>\n

        There are some tasks in real estate that are mind numbingly boring, excruciatingly detail driven and inconsistent in how often and frequently they need to be done. Rita from AIRE is a virtual employee who can be programed to do the tasks listed above that humans do pretty poorly. Some examples of tasks that Rita performs includes entering inquiry data into CRMs, responding to inquiries, cleaning up data, comparing inquiries to names already in your CRM and sending agents lists of leads (derived from the work she has done on inquiries) and providing advice on what to talk to them about. And unlike humans, she doesn\u2019t get distracted and can cope with high workflows without complaint \u2013 or even a bathroom break.<\/p>\n

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        1. Robots that manage your rental inspections<\/strong><\/li>\n<\/ol>\n

          Rental inspections are short and sharp and require extraordinary amounts of coordination both for property managers and potential tenants. But the robot from Zenplace allows a potential tenant to inspect at any time by being located at the property and activating whenever a unique code is typed into a specially fitted doorlock. The robot greets the renter and shows them around. At the other end is an agent who identifies features, and answers questions and can fill in paperwork immediately for tenants who want to proceed. Zenplace claims the efficiency of not having agents on the road to open properties allows them to do 10 times the number of inspections and attract a better quality of tenant.<\/p>\n