AI Use Case

Predict pricing and value of real estate based on market and other information

Predict pricing and value of real estate based on market and other information. However this is a market where occasionally large price dislocation may be driven by regulatory decisions (e.g. planning) so ML systems may struggle to capture these risks.

Function

Benefits

Revenue - Sales support (eg information),Revenue - Customer engagement,Data - Data enhancement

Case Studies

Zillow~Zillow provides real estate price estimates based on new transaction data through machine learning,Rex Real Estate~Rex Real Estate sells homes using machine learning

Potential Vendors

Industry

Financial Services

Real Estate Development Operations

Data Sets

Structured / Semi-structured

AI Technologies

Machine Learning (ML),Traditional AI,ML Task - Prediction - Regression