How Artificial Intelligence (AI) Is Revolutionizing the Real Estate industry Posted on : Jan 27 - 2020

Artificial intelligence, as we know it, is going to revolutionize the real estate sector and give it groundbreaking innovation. It is clear that this phenomenal technology is going to impact the future of real estate in a huge way through its ability to gather, analyze and extract information more efficiently, speeding up processes. Other than efficiency, it saves heaps of money in real estate transactions. Experts have foreseen that the advancement of AI in the real estate sector will increase the weight of technical solutions and alter the pertinence of human involvement. In the future, artificial intelligence will, in particular, automate facility management, i.e. the management of the real estate. At this plane, it's not instantly visible how real estate is influenced by artificial intelligence but it is. This impact is on the buying, selling, and maintenance of the Real estate.

With the worldwide market size of $280.6 trillion and nearly $9.6 billion in technology investments, the real estate industry has become one of the most prominent industries in the world. At that rate, one would that this industry would be the most technologically enlightened. However, until very recently, real estate agents would go out into their neighborhoods, knock on doors and introduce themselves to prospective home buyers. Or they would buy lists of contacts and start cold calling. Fortunately for realtors, those days are long gone. The biggest strength of Artificially Intelligent systems lies in having access to tons of data and being able to find patterns in that data, generating insights and inferences while augmenting people’s ability to make decisions based on that data.

Recently, research proved that up to 98% of home buyers now start their research online before they get in touch with a real estate professional and 71% of them settle for the first agent they connect with. With both, the buyer and seller online, one would assume that all that needs to be done now is to find the right buyer and sell to them. Nope. It’s not that simple. Without the help of AI, the agent has to go through the entire process of marketing, gathering leads, finding the right buyer and following up. Now, the reason for stressing on how time-consuming and tedious this job is, is that the restorative has been found - TruConnectRE.Com.

TruConnect Real Estate is deeply vested in the agent’s win. It not only furnishes solid leads for the realtor but also offers a turn-key solution to the problems at hand. With its data-driven, human-powered approach, TruConnectRE.Com provides the realtor with advanced Artificial Intelligence software to manage and track the leads provided. The best part? TruConnectRE charges only a 25% referral fee succeeding in a closing! A powerful lead generation system uses both, inbound and outbound marketing to engage buyers and take them towards conversion. To expedite that, TruConnect also tailors and executes marketing material, establishing an all-in-one platform for the realtor.

With its developing strategy, TruConnect Real Estate does all the work for the realtor by generating thousands of real estate leads from around the world. And it doesn’t stop there. They call the turnover, strain and ensure follow-ups until they find the perfect client for an agent to connect with. All the while, they not only increase performance and cut down costs but also rid the agents of the tiresome task of calling leads. This frees up time for the realtor to focus on the buyer, closing 2 to 5 times the deals they normally do. Agents are introduced to screened and effectuate clients and are left to form a relationship and come to an agreement.

Artificial intelligence proves to be very advantageous in streamlining the glacial real estate processes. TruConnectRE.Com with its powerful AI software can now aid the human-led processes to make them accurate and more efficient, helping them serve their client better. Source