AI Solutions for Real Estate

Drive more value for real estate stakeholders with increased personalization, data-driven decision making and process automation.

Introduction

Real estate is a complex and multifaceted industry that involves numerous stakeholders, from property owners and managers to renters and buyers. Despite its importance, the real estate sector is also known for its pain points, including inaccurate property valuations, time-consuming property searches, and high maintenance costs. To address these challenges, many real estate companies are turning to AI and machine learning solutions.

 

According to a report by MarketsandMarkets, the real estate AI market is expected to grow from $387 million in 2019 to $4.263 billion by 2024, representing a CAGR of 62.1%. This growth is fueled by the increasing demand for automation, improved decision-making, and enhanced customer experiences in the real estate industry.

Data Points

49%

Commercial real estate executives acknowledge that AI can produce operational efficiencies and massive budget savings

63%

Property companies report that implementation of an AI solution resulted in a revenue increase

11.5%

Reduction in price estimate errors for off-market homes in nearly 30 regions across the US, after an algorithm was implemented by Zillow

Challenges in Real Estate
that can be addressed through AI

  • Multiple factors for property evaluations
  • Maintenance and repairs of properties
  • Rent and payment default
  • Fake listings
  • Identity theft
  • Investment risk
  • Property damage through accidents or natural causes
  • Manual property inspection

Improve Efficiency
with the Power of AI

Cost-effective

Reduce manual repetitive tasks and reduce administrative costs

Security

Manage risk and cybersecurity with industry-leading best practices

Pre-configured infrastructure

Leverage architecture optimized for model building and deployment

Explainability

Gain customer trust with explainable AI processes

Diverse Data Sources

Access all your data on one platform, ready for machine learning

Agility

Build custom AI models to scale operations across different regions and markets

Customer Stories

Firstname Lastname

Chief of Administration

Company Inc. 

I am extremely satisfied with the fraud detection capabilities of RapidCanvas. The platform has significantly reduced the number of fraudulent transactions and given me peace of mind when using their services. I highly recommend RapidCanvas to anyone looking to use AI in the financial services space.

AI Use Cases in
Real Estate

Don’t see your use case here?

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