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.
Revenue - Sales support (eg information),Revenue - Customer engagement,Data - Data enhancement
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
Real Estate Development Operations
Structured / Semi-structured
Machine Learning (ML),Traditional AI,ML Task - Prediction - Regression