Explosion of AI in the Real Estate Industry
Across many business sectors the AI revolution is well underway, it’s the trending topic in the air and one which many now know that it could be a case of adopt or fail. Figures of around $300 billion have been suggested regarding the size of the AI industry in the real estate sector for 2025. Its use is expanding rapidly as is the quality of the results it offers from time saving to efficiency – If you are looking to create listing valuation aids to chat bots replacing the need for staffing of call management to pricing up extension costs, AI is your virtual friend.
As AI is expanding rapidly, more and more start-up companies are entering the rat race, it is vitally important that estate / real estate agents and fellow property professionals are fully aware of what AI is and who is providing the best quality services.
“In just one morning (March 2025), I had three separate enquiries for advertising of AI services to our real estate community. The last burst of similar themed activity was during 2017 when Proptech was all the rage and where I launched TeqDen and very soon held pitch and invest meetings b-monthly at the Google Campus to accommodate our rapidly growing audiences.” Christopher Walkey – Founder of Estate Agent Networking
Examples of AI in the Estate and Letting Agency Industry:
- AI-driven property search.
- AI-powered virtual assistants / chatbots.
- AI-driven property valuation.
- AI virtual tours.
- AI-powered documentation tools.
- AI-powered customer services.
- AI-driven investment decisioning.
The opportunities are endless. Are you on-board with AI?